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.
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.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
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.
Located in the state of Arizona, Golden Valley is a smaller city with a population of 8,161 people. With a population density of 104 people per square mile, Golden Valley is well below the nation's average density level. The majority of Golden Valley residents report their race to be White; this is followed by Asian and Black. In Golden Valley, there seems to be a shift in population towards an older age group. The average age of the population is now 62, which is significantly higher than the nation’s average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Golden Valley offers up a higher than average one way commute time of 30 minutes.
Living in Golden Valley can be a good experience for anyone moving to the city. Having said that, in the state of Arizona, 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. Finding the best places to live in Golden Valley and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, commute, health & safety, education, housing and other important metrics.
The livability score in Golden Valley is 55 out of 100 and the city is ranked in the 23rd percentile of all cities across America. This is a lower than the national average livability score as Golden Valley does not rank well for most categories. If we explore each of the categories on their own, we see that Golden Valley ranks well for housing (A). Regrettably for Golden Valley, there are some categories for which it does not rank well, this includes: amenities (F), crime (F), education (F) and employment (F).
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Golden Valley, the cost of living is 22.93% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Golden Valley stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
Finding affordable real estate and housing in Golden Valley 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Golden Valley. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Golden Valley are affordable. Median real estate prices in Golden Valley come in at $89,200, which is 49.6% lower than the Arizona average. The home price to income ratio compares the median home prices to the median household income. In Golden Valley, the home price to income ratio is 2.2, which is 37.1% lower than the Arizona average.
| Statistic | Golden Valley | Arizona | National |
| Average one way commute | 30min | 25min | 26min |
| Workers who drive to work | 72.3% | 76.7% | 76.4% |
| Workers who carpool | 20.3% | 10.9% | 9.3% |
| Workers who take public transit | 0.0% | 2.0% | 5.1% |
| Workers who bicycle | 2.0% | 1.0% | 0.6% |
| Workers who walk | 0.0% | 2.0% | 2.8% |
| Working from home | 4.5% | 5.7% | 4.6% |
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