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.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
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.
Lochmoor Waterway Estates is a small-sized city located in the state of Florida. The city has a population of 4,995 residents. The majority of Lochmoor Waterway Estates residents report their race to be White; this is followed by Black and Asian. In Lochmoor Waterway Estates, there seems to be a shift in population towards an older age group. The average age of the population is now 57, which is significantly higher than the nation’s average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lochmoor Waterway Estates is the right fit for you, your one way commute time will average 26 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Lochmoor Waterway Estates can be a good experience for anyone moving to the city. Having said that, in the state of Florida, 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 amenities, commute, health & safety, employment, you can easily compare the best places to live in Lochmoor Waterway Estates and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lochmoor Waterway Estates to Florida and the national average.
The livability score in Lochmoor Waterway Estates is 70/100 and the city is ranked in the 78th percentile of all cities across America. Based on the grades for each individual category, Lochmoor Waterway Estates has received high marks for crime (A-), cost of living (B), employment (A) and housing (A+). Lochmoor Waterway Estates does not do well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lochmoor Waterway Estates, the unemployment rate stands at 1.68%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lochmoor Waterway Estates has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Lochmoor Waterway Estates 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 Lochmoor Waterway Estates. Median real estate prices in Lochmoor Waterway Estates come in at $238,500, which is 43% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Lochmoor Waterway Estates, the home price to income ratio is 3.2, which is 5.9% lower than the Florida average.
Statistic | Lochmoor Waterway Estates | Florida | National |
Average one way commute | 26min | 27min | 26min |
Workers who drive to work | 76.2% | 79.5% | 76.4% |
Workers who carpool | 4.7% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 2.1% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 0.0% | 1.5% | 2.8% |
Working from home | 13.7% | 5.4% | 4.6% |