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.
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.
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 score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
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.
North Terre Haute, Indiana is a small city with a population of 4,371 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, North Terre Haute could be considered less diverse than other cities. North Terre Haute is considered to be a city with an aging population. The average age of all residents is 52, which is well beyond the United States median age 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 North Terre Haute is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in North Terre Haute could be a positive experience compared to other cities in Indiana if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like amenities, crime, cost of living, health & safety, housing, you can easily compare the best places to live in North Terre Haute and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare North Terre Haute to Indiana and the national average.
The livability score in North Terre Haute is 58/100 and the city is ranked in the 33rd percentile of all cities across America. This is a poor rating when compared to the average of other places in the country. For each of the livability categories, we can establish that North Terre Haute ranks very well for crime (B-), cost of living (A+) and housing (B+). North Terre Haute does not fare well for the following: amenities (F), education (F) and employment (D). It might be a smart idea to take a closer look at each category to find out why.
The North Terre Haute unemployment rate of 2.32% 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.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The North Terre Haute market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that North Terre Haute 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 North Terre Haute. Everything else becomes a lot less important if it turns out that home prices in North Terre Haute are simply unattainable. The median home price for North Terre Haute homes is $96,600, which is 23.6% lower than the Indiana average. If we take a closer look at the affordability of homes in North Terre Haute, we’ll see that the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
Statistic | North Terre Haute | Indiana | National |
Average one way commute | 24min | 23min | 26min |
Workers who drive to work | 89.9% | 83.0% | 76.4% |
Workers who carpool | 4.5% | 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 | 0.5% | 2.1% | 2.8% |
Working from home | 5.0% | 3.5% | 4.6% |