Lake Katrine 68 Good
Lake Katrine Livability #502 ranked city in New York#9,097 ranked city in the USARanks better than 68% of areas

Pros and Cons of Living in Lake Katrine

PROS
  • Crime

    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.

  • Housing

    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.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Schools

    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.

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What's it like Living in Lake Katrine?

Located in the state of New York, Lake Katrine is a smaller city with a population of 2,536 residents. The majority of Lake Katrine residents report their race to be White; this is followed by Black and Asian. In Lake Katrine, there seems to be a shift in population towards an older age group. The average age of the population is now 56, which is significantly higher than the nation’s average. Lake Katrine is not known to have a high population (over 15 years old) of married people. At only 47% married, this city falls well below the national average. If you prefer shorter commutes, living in Lake Katrine will be a delight. With an average one-way commute time of just 16 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.

Are you trying to figure out if living in Lake Katrine is the right fit for your lifestyle? To ensure a positive experience before relocating to any new city in New York, 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 amenities, cost of living, education, housing, you can easily compare the best places to live in Lake Katrine and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Katrine to New York and the national average.

Lake Katrine has a livability score of 66/100 and is ranked #547 in New York and #9,570 in the USA. Based on the rankings for each individual category, Lake Katrine has been rewarded with high marks for crime (A+) and housing (B-). The bad news for Lake Katrine, there are some categories for which it does not score well, this includes: amenities (F), education (F) and employment (D).

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Katrine, the unemployment rate stands at 2.36%, 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.

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, Lake Katrine has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lake Katrine. 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 Lake Katrine are affordable. Median real estate prices in Lake Katrine come in at $170,900, which is 40.3% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Lake Katrine, the home price to income ratio is 3.7, which is 21.3% lower than the New York average.

Best Places to Live in and Around Lake Katrine

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Compare Lake Katrine, NY Livability

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      Lake Katrine transportation information

      Statistic Lake Katrine New York National
      Average one way commute16min33min26min
      Workers who drive to work82.4%53.0%76.4%
      Workers who carpool5.6%6.7%9.3%
      Workers who take public transit0.0%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk7.5%6.3%2.8%
      Working from home4.5%4.0%4.6%
      Source: The Lake Katrine, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).