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.
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.
Lebanon is a mid-sized city located in the state of Indiana. The city has a population of 16,317 inhabitants. At 94%, the majority of the Lebanon population is White; this is followed by 1% Black and 0% Asian.
Living in Lebanon can be a positive experience for anyone relocating to the town. Having said that, in the state of Indiana, there are many incredible 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. Using the livability score which includes data from categories like crime, health & safety, education, you can easily compare the best places to live in Lebanon and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lebanon to Indiana and the national average.
The livability score in Lebanon is 64/100 and the city is ranked in the 60th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that Lebanon has higher than average rankings for the following: cost of living (A+) and housing (A+). On a more negative note, Lebanon does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
The Lebanon unemployment rate of 1.71% 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.
Finding affordable real estate and housing in Lebanon 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Lebanon. 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 Lebanon are affordable. The median home price for Lebanon homes is $135,700, which is 7.3% higher than the Indiana average. If we take a closer look at the affordability of homes in Lebanon, we’ll see that the home price to income ratio is 2.5, which is 0% lower than the Indiana average.
Statistic | Lebanon | Indiana | National |
Average one way commute | 22min | 23min | 26min |
Workers who drive to work | 79.4% | 83.0% | 76.4% |
Workers who carpool | 8.6% | 8.9% | 9.3% |
Workers who take public transit | 0.0% | 1.1% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 1.2% | 2.1% | 2.8% |
Working from home | 7.6% | 3.5% | 4.6% |