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.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
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 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.
Located in the state of North Carolina, Laurel Park is a small city with a population of 2,533 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (97% White). Given that fact, Laurel Park could be considered less diverse than other cities. Based on an average age of 61, Laurel Park appears to be well-suited for seniors or retirees as the average age is well above the national average. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Laurel Park your home, your one-way commute time will typically last around 29 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Laurel Park can be a great experience for anyone relocating to the town. Having said that, in the state of North Carolina, there are many desirable 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 Laurel Park and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, commute, employment and other important metrics.
The livability score in Laurel Park is 63 out of 100 and the city is ranked in the 53rd percentile of all cities across America. If we explore each of the categories on their own, we see that Laurel Park ranks well for crime (A+), employment (A+) and housing (B+). On a less positive note, Laurel Park does not have favorable scores for the following: amenities (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Laurel Park has an unemployment rate of 0.87% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Laurel Park excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Laurel Park. 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 Laurel Park are affordable. The median home price for Laurel Park homes is $280,700, which is 78.7% higher than the North Carolina average. If we take a closer look at the affordability of homes in Laurel Park, we’ll see that the home price to income ratio is 3.8, which is 15.2% higher than the North Carolina average.
Statistic | Laurel Park | North Carolina | National |
Average one way commute | 29min | 24min | 26min |
Workers who drive to work | 78.3% | 81.1% | 76.4% |
Workers who carpool | 7.4% | 9.8% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 1.6% | 0.2% | 0.6% |
Workers who walk | 0.5% | 1.8% | 2.8% |
Working from home | 11.4% | 4.8% | 4.6% |