Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Tennessee, New Tazewell is a small-sized city with a population of 2,707 residents. According to the most recent Census, 98% of New Tazewell residents are White, 0% Black and 0% Asian. If you are not a fan of long commutes, you will enjoy living in New Tazewell. With an average one way commute time of only 18 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in New Tazewell, Tennessee could be a fulfilling experience for anyone who puts in the time 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. With useful information like cost of living, commute, health & safety, education, employment and other key data points, finding the best places to live in New Tazewell and in the areas around New Tazewell is a much easier task.
New Tazewell, TN receives 69 out of 100 for its livability score; this results in a ranking of #60 in Tennessee and #7,066 in the USA. If we probe a little deeper into each category within the livability score, we see that New Tazewell has higher than average rankings for the following: crime (B+) and housing (B+). There is at least one category that did not score well in New Tazewell. The following was graded with a concerning score: amenities (F), education (F) and employment (D).
When contemplating a move, job prospects often top the list of priorities. In New Tazewell, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.26% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their New Tazewell apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that New Tazewell meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in New Tazewell. Everything else becomes a lot less important if it turns out that home prices in New Tazewell are simply unattainable. Median real estate prices in New Tazewell come in at $112,100, which is 23.2% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In New Tazewell, the home price to income ratio is 3, which is 3.2% lower than the Tennessee average.
Statistic | New Tazewell | Tennessee | National |
Average one way commute | 18min | 25min | 26min |
Workers who drive to work | 92.0% | 83.6% | 76.4% |
Workers who carpool | 6.7% | 9.2% | 9.3% |
Workers who take public transit | 0.0% | 0.8% | 5.1% |
Workers who bicycle | 0.0% | 0.1% | 0.6% |
Workers who walk | 1.3% | 1.4% | 2.8% |
Working from home | 0.0% | 3.9% | 4.6% |