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.
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.
Ravenel, South Carolina is a small city with a population of 2,650 people. Ravenel is known to be an ethnically diverse city. The two most common races are White (50%) and Black or African American (45%). On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Ravenel, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the city before actually living in Ravenel, South Carolina. 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. With useful information like cost of living, education, employment, housing and other key data points, finding the best places to live in Ravenel and in the areas around Ravenel is a much easier task.
With a livability score of 61 out of 100, Ravenel is ranked #15,460 in the United States and #161 in South Carolina. If we explore each of the categories on their own, we see that Ravenel ranks well for crime (A-), cost of living (A-) and housing (A+). There is at least one category that did not score well in Ravenel. The following was graded with a less than perfect score: amenities (F) and education (F).
The unemployment rate in Ravenel has consistently declined over the years and currently stands well below the national average at 2.03%. 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Ravenel excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Ravenel is real estate affordability. The median home price for Ravenel homes is $219,800, which is 53.1% higher than the South Carolina average. If we take a closer look at the affordability of homes in Ravenel, we’ll see that the home price to income ratio is 3.7, which is 19.4% higher than the South Carolina average.
Statistic | Ravenel | South Carolina | National |
Average one way commute | 28min | 24min | 26min |
Workers who drive to work | 66.6% | 82.8% | 76.4% |
Workers who carpool | 30.2% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 0.6% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.0% | 2.2% | 2.8% |
Working from home | 2.4% | 3.6% | 4.6% |