Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.
Kermit, Texas is a small city with a population of 6,283 residents. According to the most recent Census, 77% of Kermit residents are White, 4% Black and 2% American Indian and Alaskan. Additionally, more than a quarter of the population of Kermit are of Hispanic or Latino origin, and 48% of the population also speak Spanish. Kermit could be a great place for young adults and students as the average age of 33 years old is below the nation’s average. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Kermit, your commute times will be about average, with a one way commute time of 23 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the area before actually living in Kermit, Texas. 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. To help you find the best places to live in and around Kermit, AreaVibes has created a livability score using key metrics like cost of living, commute, housing and more.
The livability score in Kermit is 62 out of 100 and the city is ranked in the 49th percentile of all cities across America. If we dig a little deeper into each category within the livability score, we see that Kermit has higher than average rankings for the following: crime (A+). There is at least one category that did not score well in Kermit. The following was graded with a less than perfect score: amenities (F) and education (F).
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Kermit, the cost of living is 21.15% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Kermit stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 70 crimes per 100,000 residents, which signifies that Kermit boasts an impressively low violent crime rate that falls well below the national average.
The Kermit unemployment rate of 1.89% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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 Kermit 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 Kermit is real estate affordability. The median home price for Kermit homes is $77,000, which is 46% lower than the Texas average. If we take a closer look at the affordability of homes in Kermit, we’ll see that the home price to income ratio is 1.3, which is 50% lower than the Texas average.
Statistic | Kermit | Texas | National |
Average one way commute | 23min | 26min | 26min |
Workers who drive to work | 82.1% | 80.3% | 76.4% |
Workers who carpool | 13.8% | 10.6% | 9.3% |
Workers who take public transit | 0.0% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.2% | 1.6% | 2.8% |
Working from home | 3.3% | 4.3% | 4.6% |