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.
Located in the state of Colorado, Holyoke is a smaller city with a population of 2,596 residents. If we look at the most recent Census, Holyoke is known to have a predominantly White population. The next two most common races are American Indian and Alaskan and Asian. Additionally, more than a quarter of the population of Holyoke are of Hispanic or Latino origin, and 45% of the population also speak Spanish. Not a fan of sitting in traffic during your commute to work? Holyoke offers shorter work commutes, with an average one-way commute time taking only 15 minutes, far lower than the national average of 26 minutes.
Are you trying to ascertain if living in Holyoke is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Colorado, 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. Using the livability score which includes data from categories like crime, commute, education, you can easily compare the best places to live in Holyoke and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Holyoke to Colorado and the national average.
Holyoke has a livability score of 69/100 and is ranked #105 in Colorado and #6,862 in the USA. If we explore each of the categories individually, we see that Holyoke ranks well for crime (A+), cost of living (A+), education (B-) and housing (A+). There are some categories that Holyoke ranks poorly for, including: amenities (F). It might be worth taking a closer look to find out why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Holyoke gets top scores for their low violent crime rates of 129 crimes per 100,000 residents, which are significantly lower than the national average.
The unemployment rate in Holyoke has consistently declined over the years and currently stands well below the national average at 0%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 Holyoke 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.
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 Holyoke is real estate affordability. Median real estate prices in Holyoke come in at $184,100, which is 30.4% lower than the Colorado average. The home price to income ratio compares the median home prices to the median household income. In Holyoke, the home price to income ratio is 3.9, which is 7.1% lower than the Colorado average.
Statistic | Holyoke | Colorado | National |
Average one way commute | 15min | 25min | 26min |
Workers who drive to work | 69.4% | 75.2% | 76.4% |
Workers who carpool | 23.8% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 3.1% | 5.1% |
Workers who bicycle | 0.0% | 1.3% | 0.6% |
Workers who walk | 6.0% | 3.0% | 2.8% |
Working from home | 0.7% | 7.0% | 4.6% |