An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
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.
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.
Orchard Homes is a smaller city located in the state of Montana. The city has a population of 5,480 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (93% White). Given that fact, Orchard Homes could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in Orchard Homes. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Orchard Homes can be a good experience for anyone moving to the city. Having said that, in the state of Montana, there are many amazing 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. To help you find the best places to live in and around Orchard Homes, AreaVibes has created a livability score using key metrics like crime, cost of living, health & safety, education, housing and more.
Orchard Homes has a livability score of 72/100 and is ranked #41 in Montana and #4,798 in the USA. If we check out each of the categories individually, we see that Orchard Homes ranks well for crime (B-), education (B-), employment (A-) and housing (B+). There are some categories that Orchard Homes does not rank well for, including: amenities (F). It might be worth taking a closer look to find out why.
The unemployment rate in Orchard Homes has consistently declined over the years and currently stands well below the national average at 2.41%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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 Orchard Homes 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 Orchard Homes 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 Orchard Homes. Everything else becomes a lot less important if it turns out that home prices in Orchard Homes are simply unattainable. The median home price for Orchard Homes homes is $315,000, which is 57.7% higher than the Montana average. If we take a closer look at the affordability of homes in Orchard Homes, we’ll see that the home price to income ratio is 4.4, which is 7.3% higher than the Montana average.
Statistic | Orchard Homes | Montana | National |
Average one way commute | 16min | 18min | 26min |
Workers who drive to work | 80.8% | 75.1% | 76.4% |
Workers who carpool | 8.6% | 10.2% | 9.3% |
Workers who take public transit | 1.6% | 0.8% | 5.1% |
Workers who bicycle | 2.1% | 1.4% | 0.6% |
Workers who walk | 1.6% | 5.1% | 2.8% |
Working from home | 2.0% | 6.3% | 4.6% |