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 Tennessee, Humboldt is a smaller city with a population of 8,145 inhabitants. Humboldt is mostly populated by White (57%) and Black or African American (41%) ethnic groups. If you're not a fan of traffic congestion and long commute times to work, Humboldt is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 17 minutes, significantly lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the town before actually living in Humboldt, Tennessee. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Humboldt and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Tennessee and national averages.
The livability score in Humboldt is 55 out of 100 and the city is ranked in the 22nd percentile of all cities across America. Compared to the United States average, this area has a score which ranks among the lowest in the nation, and it is not considered a very livable city. For each of the livability categories, we see that Humboldt ranks very well for housing (B+). On a less positive note, Humboldt does not have favorable ranks for the following: amenities (F), crime (F), education (F) and employment (F). If we take a look at the data, we can find out why.
Striving for a cost-effective lifestyle becomes increasingly essential, especially in light of the ongoing upward trajectory of everyday goods and services. In Humboldt, residents enjoy the privilege of a cost of living that is 21.01% below the national average. This favorable positioning extends its influence across a broad spectrum of expenses, encompassing not only goods and services but also housing costs, groceries and healthcare costs. Consequently, this locale emerges as a hub where your financial resources go further, allowing you to maintain an economical and sustainable way of life. This affordability becomes increasingly significant in an era marked by escalating expenses, rendering Humboldt an appealing destination for those in pursuit of financial prudence without sacrificing their quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Humboldt has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Humboldt meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Humboldt. Everything else becomes a lot less important if it turns out that home prices in Humboldt are simply unattainable. The median home price for Humboldt homes is $84,600, which is 42.1% lower than the Tennessee average. If we take a closer look at the affordability of homes in Humboldt, we’ll see that the home price to income ratio is 2.6, which is 16.1% lower than the Tennessee average.
| Statistic | Humboldt | Tennessee | National |
| Average one way commute | 17min | 25min | 26min |
| Workers who drive to work | 84.8% | 83.6% | 76.4% |
| Workers who carpool | 6.8% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 4.4% | 1.4% | 2.8% |
| Working from home | 3.2% | 3.9% | 4.6% |
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