Cost Of Living
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
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.
Employment
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.
Housing
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.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
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.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Russell is a smaller city located in the state of Kentucky. The city has a population of 3,257 residents. According to the most recent Census, 96% of Russell residents are White, 3% Asian and 0% Black. 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 Russell is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Russell can be a positive experience for anyone moving to the town. Having said that, in the state of Kentucky, 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. Finding the best places to live in Russell and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, health & safety, education and other important metrics.
Russell has a livability score of 76/100 and is ranked #78 in Kentucky and #2,801 in the USA. Compared to the national average, Russell ranks among some of the best places to live in the country! Another exciting tidbit, is that Russell ranks better than 90% of all US cities! Based on the grades for each individual category, Russell has been rewarded with high marks for crime (A+), cost of living (A+), education (A-), employment (B+) and housing (B+). There are some categories that Russell scores poorly for, including: amenities (F). It might be worth taking a closer look to figure out why.
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 109 crimes per 100,000 residents, which signifies that Russell boasts an impressively low violent crime rate that falls well below the national average.
When contemplating a move, job prospects often top the list of priorities. In Russell, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.94% 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.
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 Russell 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.
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 Russell is real estate affordability. Median real estate prices in Russell come in at $167,700, which is 33% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Russell, the home price to income ratio is 2.7, which is 3.6% lower than the Kentucky average.
| Statistic | Russell | Kentucky | National |
| Average one way commute | 25min | 23min | 26min |
| Workers who drive to work | 86.6% | 82.2% | 76.4% |
| Workers who carpool | 10.0% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.7% | 2.4% | 2.8% |
| Working from home | 2.7% | 3.3% | 4.6% |
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