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.
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.
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.
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.
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.
Holdenville is a small city located in the state of Oklahoma. The city has a population of 5,662 inhabitants. Holdenville is very likely to be a great place to live for singles as only 37%, of the population (over fifteen) are classified as married. Not a fan of sitting in traffic during your commute to work? Holdenville offers shorter work commutes, with an average one-way commute time taking only 21 minutes, far lower than the national average of 26 minutes.
Living in Holdenville can be a great experience for anyone relocating to the town. Having said that, in the state of Oklahoma, there are many incredible 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. Using the livability score which includes data from categories like amenities, crime, cost of living, health & safety, housing, you can easily compare the best places to live in Holdenville and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Holdenville to Oklahoma and the national average.
Holdenville has a livability score of 59/100 and is ranked #352 in Oklahoma and #18,478 in the USA. This is a poor rating when compared to the average of other places in the country. If we probe a little deeper into each category within the livability score, we see that Holdenville has higher than average rankings for the following: housing (B). There are some categories that Holdenville does not rank well for, including: amenities (F), education (F) and employment (F). It might be worth taking a closer look to find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Holdenville, residents are privileged to experience a cost of living that stands 20.76% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Holdenville an attractive destination for individuals seeking financial prudence without compromising their quality of life.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 155 crimes per 100,000 residents, Holdenville has a violent crime rate that is far below the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Holdenville, the unemployment rate stands at 2.49%, 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Holdenville market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Holdenville. 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 Holdenville are affordable. Median real estate prices in Holdenville come in at $56,100, which is 53.8% lower than the Oklahoma average. The home price to income ratio compares the median home prices to the median household income. In Holdenville, the home price to income ratio is 1.8, which is 28% lower than the Oklahoma average.
Statistic | Holdenville | Oklahoma | National |
Average one way commute | 21min | 21min | 26min |
Workers who drive to work | 87.8% | 82.6% | 76.4% |
Workers who carpool | 6.0% | 10.1% | 9.3% |
Workers who take public transit | 0.0% | 0.5% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 3.1% | 1.8% | 2.8% |
Working from home | 1.6% | 3.6% | 4.6% |