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.
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.
Located in the state of Washington, Sudden Valley is a small-sized city with a population of 7,407 inhabitants. The majority of Sudden Valley residents report their race to be White; this is followed by Asian and Black. If you are looking for a family friendly city, Sudden Valley might be a good fit as 73% of the population over 15 years old are married, and 36% have kids who are 18 years old or younger. An important consideration when living in Sudden Valley is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 36 minutes, far surpassing 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 great experience if you are willing to get to know the area before actually living in Sudden Valley, Washington. 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. The best areas in Sudden Valley and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, commute, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Washington and national averages.
The livability score in Sudden Valley is 66/100 and the city is ranked in the 67th percentile of all cities across America. If we check out each of the categories on their own, we see that Sudden Valley ranks well for employment (A+) and housing (A+). Unfortunately for Sudden Valley, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
The unemployment rate in Sudden Valley has consistently declined over the years and currently stands well below the national average at 1.5%. 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 Sudden Valley 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 Sudden Valley 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 Sudden Valley. Everything else becomes a lot less important if it turns out that home prices in Sudden Valley are simply unattainable. Median real estate prices in Sudden Valley come in at $319,700, which is 18.7% higher than the Washington average. The home price to income ratio compares the median home prices to the median household income. In Sudden Valley, the home price to income ratio is 3.8, which is 11.6% lower than the Washington average.
Statistic | Sudden Valley | Washington | National |
Average one way commute | 36min | 27min | 26min |
Workers who drive to work | 80.1% | 72.3% | 76.4% |
Workers who carpool | 8.5% | 10.2% | 9.3% |
Workers who take public transit | 0.0% | 6.2% | 5.1% |
Workers who bicycle | 0.6% | 0.9% | 0.6% |
Workers who walk | 0.0% | 3.6% | 2.8% |
Working from home | 8.5% | 5.6% | 4.6% |