The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
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.
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.
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 Texas, Farmers Branch is a mid-sized city with a population of 42,659 inhabitants. With a population density of 3,591 people per square mile, Farmers Branch is well above the nation's average density level. The majority of Farmers Branch residents report their race to be White; this is followed by Asian and Black. Additionally, more than a quarter of the population of Farmers Branch are of Hispanic or Latino origin, and 39% of the population also speak Spanish. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Farmers Branch your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Farmers Branch can be a positive experience for anyone moving to the town. Having said that, in the state of Texas, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like amenities, education, employment, housing and other key data points, finding the best places to live in Farmers Branch and in the areas around Farmers Branch is a much easier task.
Farmers Branch has a livability score of 76/100 and is ranked #92 in Texas and #2,828 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Farmers Branch could be a great choice! The cherry on top is that Farmers Branch also ranks in the top 10 percent of all cities. If we explore each of the categories on their own, we see that Farmers Branch ranks well for crime (B), cost of living (A-), employment (A) and housing (A+).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Farmers Branch, the unemployment rate stands at 2.14%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Farmers Branch has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Farmers Branch is real estate affordability. Median real estate prices in Farmers Branch come in at $210,600, which is 47.6% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Farmers Branch, the home price to income ratio is 2.9, which is 11.5% higher than the Texas average.
Statistic | Farmers Branch | Texas | National |
Average one way commute | 23min | 26min | 26min |
Workers who drive to work | 80.3% | 80.3% | 76.4% |
Workers who carpool | 6.8% | 10.6% | 9.3% |
Workers who take public transit | 1.8% | 1.5% | 5.1% |
Workers who bicycle | 0.1% | 0.3% | 0.6% |
Workers who walk | 0.8% | 1.6% | 2.8% |
Working from home | 8.3% | 4.3% | 4.6% |