Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
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.
Employment
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
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.
Located in the state of Arizona, Lake of the Woods is a small city with a population of 3,652 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (90% White). Given that fact, Lake of the Woods could be considered less diverse than other cities. In Lake of the Woods, there seems to be a shift in population towards an older age group. The average age of the population is now 50, which is significantly higher than the nation’s average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lake of the Woods, your commute time will align closely with the national average, spanning a one-way duration of approximately 23 minutes.
If you’re considering relocating 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 city before actually living in Lake of the Woods, Arizona. 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. Using the livability score which includes data from categories like crime, commute, housing, you can easily compare the best places to live in Lake of the Woods and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake of the Woods to Arizona and the national average.
The livability score in Lake of the Woods is 54 out of 100 and the city is ranked in the 20th percentile of all cities across America. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Lake of the Woods may not be a pleasant experience. There are nine total categories that generate the livability score. Lake of the Woods scores well for cost of living (B+) and housing (B+) Lake of the Woods does not score well for the following: amenities (F), education (F) and employment (F). It might be a good idea to take a closer look at each category to find out why.
Finding affordable real estate and housing in Lake of the Woods can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
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 Lake of the Woods is real estate affordability. The median home price for Lake of the Woods homes is $159,600, which is 9.8% lower than the Arizona average. If we take a closer look at the affordability of homes in Lake of the Woods, we’ll see that the home price to income ratio is 3.5, which is 0% lower than the Arizona average.
| Statistic | Lake of the Woods | Arizona | National |
| Average one way commute | 23min | 25min | 26min |
| Workers who drive to work | 81.8% | 76.7% | 76.4% |
| Workers who carpool | 6.5% | 10.9% | 9.3% |
| Workers who take public transit | 0.0% | 2.0% | 5.1% |
| Workers who bicycle | 0.0% | 1.0% | 0.6% |
| Workers who walk | 2.8% | 2.0% | 2.8% |
| Working from home | 7.1% | 5.7% | 4.6% |
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