The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
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.
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
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.
Located in the state of Indiana, Heritage Lake is a smaller city with a population of 2,917 people. If we look at the most recent Census, Heritage Lake is known to have a predominantly White population. The next two most common races are Black and Asian. An important consideration when living in Heritage Lake is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 33 minutes, far surpassing the national average of 26 minutes.
Are you trying to decide if living in Heritage Lake is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Indiana, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Finding the best places to live in Heritage Lake and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, health & safety, education, employment and other important metrics.
Using data and statistics Heritage Lake has received a livability score of 64/100. This score is ranked in the 58th percentile when compared to all other cities. If we examine each of the categories individually, we see that Heritage Lake ranks well for crime (A+), cost of living (A+) and housing (A). On a more negative note, Heritage Lake does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Heritage Lake 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 Heritage Lake. 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 Heritage Lake are affordable. Median real estate prices in Heritage Lake come in at $169,000, which is 33.6% higher than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Heritage Lake, the home price to income ratio is 2.5, which is 0% lower than the Indiana average.
Statistic | Heritage Lake | Indiana | National |
Average one way commute | 33min | 23min | 26min |
Workers who drive to work | 91.4% | 83.0% | 76.4% |
Workers who carpool | 4.2% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 0.0% | 2.1% | 2.8% |
Working from home | 4.4% | 3.5% | 4.6% |