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.
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.
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.
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 Louisiana, Lake Providence is a small city with a population of 2,586 inhabitants. In Lake Providence, the most common ethnic group is Black or African American with a total of 83%. This is followed by 17% White and 0% Asian ethnic groups. Lake Providence could be a great place for young adults and students as the average age of 26 years old is below the nation’s average. Lake Providence is not known to have a high population (over 15 years old) of married people. At only 49% married, this city falls well below the national average. Not a fan of sitting in traffic during your commute to work? Lake Providence offers shorter work commutes, with an average one-way commute time taking only 13 minutes, far lower than the national average of 26 minutes.
Living in Lake Providence can be a good experience for anyone moving to the town. Having said that, in the state of Louisiana, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Lake Providence and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, health & safety, employment, housing and other important metrics.
Lake Providence, LA receives 59 out of 100 for its livability score; this results in a ranking of #251 in Louisiana and #18,862 in the USA. This is a lower than the United States average livability score as Lake Providence does not rank well for most categories. There are some categories that Lake Providence does not rank well for, including: amenities (F), education (D) and employment (F). It might be worth taking a closer look to determine why.
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Lake Providence, residents are fortunate to experience a cost of living that is 25.64% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Lake Providence an attractive choice for those seeking financial prudence without compromising on quality of life.
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 0 crimes per 100,000 residents, Lake Providence has a violent crime rate that is far below the national average.
The Lake Providence unemployment rate of 0.73% 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.
Lake Providence real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lake Providence. The median home price for Lake Providence homes is $42,900, which is 71.1% lower than the Louisiana average. If we take a closer look at the affordability of homes in Lake Providence, we’ll see that the home price to income ratio is 2.3, which is 30.3% lower than the Louisiana average.
| Statistic | Lake Providence | Louisiana | National |
| Average one way commute | 13min | 25min | 26min |
| Workers who drive to work | 91.5% | 82.6% | 76.4% |
| Workers who carpool | 3.2% | 9.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.3% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 0.9% | 1.8% | 2.8% |
| Working from home | 0.0% | 2.6% | 4.6% |
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