Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
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.
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.
Lawrence is a moderately-sized city located in the state of Indiana. The city has a population of 49,020 inhabitants. 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 Lawrence, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Lawrence, Indiana could be a great experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like cost of living, commute, health & safety, education, you can easily compare the best places to live in Lawrence and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lawrence to Indiana and the national average.
Using data and statistics Lawrence has received a livability score of 70/100. This score is ranked in the 77th percentile when compared to all other cities. If we explore each of the categories on their own, we see that Lawrence ranks well for cost of living (A+) and housing (A+). There are some categories that Lawrence scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
Finding affordable real estate and housing in Lawrence 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Lawrence is actually affordable. Median real estate prices in Lawrence come in at $159,500, which is 26.1% higher than the Indiana average. The home price to income ratio compares the median home prices to the median household income. In Lawrence, the home price to income ratio is 2.6, which is 4% higher than the Indiana average.
Statistic | Lawrence | Indiana | National |
Average one way commute | 24min | 23min | 26min |
Workers who drive to work | 81.9% | 83.0% | 76.4% |
Workers who carpool | 10.6% | 8.9% | 9.3% |
Workers who take public transit | 0.2% | 1.1% | 5.1% |
Workers who bicycle | 0.2% | 0.5% | 0.6% |
Workers who walk | 0.8% | 2.1% | 2.8% |
Working from home | 6.1% | 3.5% | 4.6% |