This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Located in the state of Texas, Shady Hollow is a smaller city with a population of 3,833 people. At 83%, the majority of the Shady Hollow population is White; this is followed by 6% Black and 5% Asian. In Shady Hollow, there seems to be a shift in population towards an older age group. The average age of the population is now 53, which is significantly higher than the nation’s average. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Shady Hollow offers up a higher than average one way commute time of 34 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Shady Hollow could be a positive experience compared to other cities in Texas if you know where to look. 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. The best areas in Shady Hollow and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Shady Hollow has a livability score of 65 out of 100 and is ranked #570 in Texas and #10,489 in the USA. For each of the livability categories, we know that Shady Hollow ranks very well for crime (A+) and education (B-). There is at least one category that you should be aware of in Shady Hollow. The following was graded with a less than perfect score: amenities (F) and cost of living (F).
The unemployment rate in Shady Hollow has consistently declined over the years and currently stands well below the national average at 1.13%. 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 healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Shady Hollow has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Shady Hollow 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 Shady Hollow. Everything else becomes a lot less important if it turns out that home prices in Shady Hollow are simply unattainable. Median real estate prices in Shady Hollow come in at $433,000, which is 203.4% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Shady Hollow, the home price to income ratio is 3.2, which is 23.1% higher than the Texas average.
Statistic | Shady Hollow | Texas | National |
Average one way commute | 34min | 26min | 26min |
Workers who drive to work | 68.9% | 80.3% | 76.4% |
Workers who carpool | 11.2% | 10.6% | 9.3% |
Workers who take public transit | 0.0% | 1.5% | 5.1% |
Workers who bicycle | 0.0% | 0.3% | 0.6% |
Workers who walk | 0.0% | 1.6% | 2.8% |
Working from home | 19.3% | 4.3% | 4.6% |