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.
Employment
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.
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.
Health & Safety
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.
Ratings
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.
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.
Located in the state of Virginia, Hollins is a moderately-sized city with a population of 15,113 inhabitants. The majority of Hollins residents report their race to be White; this is followed by Black and Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Hollins is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Hollins can be a good experience for anyone relocating to the area. Having said that, in the state of Virginia, 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 Hollins and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, employment, housing and other important metrics.
Hollins has a livability score of 75 out of 100 and is ranked #118 in Virginia and #3,313 in the USA. This is a fantastic score, as Hollins ranks well in multiple categories! For each of the livability categories, we can establish that Hollins ranks very well for crime (B), cost of living (A+), education (B-), employment (B) and housing (A-). On a less positive note, Hollins does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Hollins, the unemployment rate stands at 2.15%, 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 Hollins 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.
Hollins real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Hollins. Median real estate prices in Hollins come in at $178,200, which is 28.3% lower than the Virginia average. The home price to income ratio compares the median home prices to the median household income. In Hollins, the home price to income ratio is 2.6, which is 31.6% lower than the Virginia average.
| Statistic | Hollins | Virginia | National |
| Average one way commute | 24min | 28min | 26min |
| Workers who drive to work | 78.4% | 77.4% | 76.4% |
| Workers who carpool | 9.7% | 9.5% | 9.3% |
| Workers who take public transit | 0.0% | 4.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 2.0% | 2.4% | 2.8% |
| Working from home | 9.6% | 4.7% | 4.6% |
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