Taylor Mill 80 Exceptional
Taylor Mill Livability #64 ranked city in Kentucky#1,561 ranked city in the USARanks better than 94% of areas

Pros and Cons of Living in Taylor Mill

PROS
  • Commute

    The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.

  • Cost Of Living

    Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.

  • Crime

    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.

  • Employment

    With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.

  • Housing

    Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.

CONS
  • Amenities

    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.

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What's it like Living in Taylor Mill?

Taylor Mill, Kentucky is a small city with a population of 6,805 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (98% White). Given that fact, Taylor Mill could be considered less diverse than other cities. If you prefer shorter commutes, living in Taylor Mill will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.

Are you trying to ascertain if living in Taylor Mill is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Kentucky, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like crime, cost of living, housing and other key data points, finding the best places to live in Taylor Mill and in the areas around Taylor Mill is a much easier task.

Taylor Mill, KY receives 79/100 for its livability score; this results in a ranking of #62 in Kentucky and #1,419 in the USA. Pack your bags! This is a very high score in comparison to other US cities. Living in Taylor Mill could be a great choice! Taylor Mill also ranks in the top 10 percent of all cities, which is no small feat! Based on the scores for each individual category, Taylor Mill has been rewarded with high marks for crime (A+), cost of living (A+), employment (A) and housing (A). Taylor Mill does not do well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Taylor Mill has a violent crime rate of 44 crimes per 100,000 residents which is far lower than the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Taylor Mill, the unemployment rate stands at 1.13%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Taylor Mill 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.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Taylor Mill is actually affordable. Median real estate prices in Taylor Mill come in at $164,700, which is 30.6% higher than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Taylor Mill, the home price to income ratio is 2.3, which is 17.9% lower than the Kentucky average.

Best Places to Live in and Around Taylor Mill

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Compare Taylor Mill, KY Livability

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      Taylor Mill transportation information

      Statistic Taylor Mill Kentucky National
      Average one way commute20min23min26min
      Workers who drive to work89.6%82.2%76.4%
      Workers who carpool3.5%9.7%9.3%
      Workers who take public transit0.6%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.2%2.4%2.8%
      Working from home5.1%3.3%4.6%
      Source: The Taylor Mill, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).