Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Located in the state of Louisiana, Elmwood is a small city with a population of 6,099 people. The median age of all Elmwood residents is 32, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. Elmwood is very likely to be a great place to live for singles as only 38%, of the population (over fifteen) are classified as married.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Elmwood could be a positive experience compared to other cities in Louisiana if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in Elmwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Louisiana and national averages.
The livability score in Elmwood is 78/100 and the city is ranked in the 94th percentile of all cities across America. This is a great score, as Elmwood ranks well in multiple categories! Elmwood also ranks in the top 10 percent of all cities, which is no small feat! There are nine total categories that create the livability score. Elmwood scores well for crime (B+), cost of living (B), employment (B+) and housing (A+)
When contemplating a move, job prospects often top the list of priorities. In Elmwood, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.47% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Elmwood can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Elmwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Elmwood. Everything else becomes a lot less important if it turns out that home prices in Elmwood are simply unattainable. Median real estate prices in Elmwood come in at $203,700, which is 37.4% higher than the Louisiana average. The home price to income ratio compares the median home prices to the median household income. In Elmwood, the home price to income ratio is 2.8, which is 15.2% lower than the Louisiana average.
| Statistic | Elmwood | Louisiana | National |
| Average one way commute | 22min | 25min | 26min |
| Workers who drive to work | 86.0% | 82.6% | 76.4% |
| Workers who carpool | 9.3% | 9.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.3% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.2% | 1.8% | 2.8% |
| Working from home | 3.7% | 2.6% | 4.6% |
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