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.
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.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Farley is a smaller city located in the state of Kentucky. The city has a population of 4,458 residents. According to the most recent Census, 91% of Farley residents are White, 4% Black and 0% Asian. If you prefer shorter commutes, living in Farley will be a delight. With an average one-way commute time of just 14 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Farley, Kentucky could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, housing and other key data points, finding the best places to live in Farley and in the areas around Farley is a much easier task.
With a livability score of 60 out of 100, Farley is ranked #16,864 in the United States and #347 in Kentucky. Compared to the national average, this area has a score which ranks among the lowest in the nation, and it is not considered a very livable city. If we explore each of the categories individually, we see that Farley ranks well for crime (B) and housing (B-). There are some categories that Farley scores poorly for, including: amenities (F), education (F) and employment (D-). It might be worth taking a closer look to find out why.
The Farley unemployment rate of 1.55% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Farley apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Farley is actually affordable. The median home price for Farley homes is $66,400, which is 47.3% lower than the Kentucky average. If we take a closer look at the affordability of homes in Farley, we’ll see that the home price to income ratio is 1.7, which is 39.3% lower than the Kentucky average.
| Statistic | Farley | Kentucky | National |
| Average one way commute | 14min | 23min | 26min |
| Workers who drive to work | 88.9% | 82.2% | 76.4% |
| Workers who carpool | 7.9% | 9.7% | 9.3% |
| Workers who take public transit | 0.4% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 2.4% | 2.8% |
| Working from home | 2.1% | 3.3% | 4.6% |
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