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.
Located in the state of Ohio, Piqua is a moderately-sized city with a population of 21,159 inhabitants. According to the most recent Census, 91% of Piqua residents are White, 3% Black and 1% Asian. If you're not a fan of traffic congestion and long commute times to work, Piqua is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 18 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Piqua, Ohio. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Piqua, AreaVibes has created a livability score using key metrics like amenities, health & safety, education, housing and more.
Piqua, OH receives 62 out of 100 for its livability score; this results in a ranking of #797 in Ohio and #14,696 in the USA. For each of the livability categories, we know that Piqua ranks very well for cost of living (A+) and housing (B+). Piqua does not score well for the following: amenities (F) and employment (D-). It might be a good idea to take a closer look at each category to find out why.
The unemployment rate in Piqua has consistently declined over the years and currently stands well below the national average at 2.61%. 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 Piqua 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 Piqua 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 Piqua. Everything else becomes a lot less important if it turns out that home prices in Piqua are simply unattainable. The median home price for Piqua homes is $89,200, which is 32.4% lower than the Ohio average. If we take a closer look at the affordability of homes in Piqua, we’ll see that the home price to income ratio is 1.9, which is 26.9% lower than the Ohio average.
Statistic | Piqua | Ohio | National |
Average one way commute | 18min | 23min | 26min |
Workers who drive to work | 83.3% | 83.4% | 76.4% |
Workers who carpool | 9.5% | 7.8% | 9.3% |
Workers who take public transit | 0.1% | 1.7% | 5.1% |
Workers who bicycle | 0.3% | 0.3% | 0.6% |
Workers who walk | 2.9% | 2.3% | 2.8% |
Working from home | 2.3% | 3.7% | 4.6% |