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.
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.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
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.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Timberlake is a moderately-sized city located in the state of Virginia. The city has a population of 13,130 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (80% White). Given that fact, Timberlake could be considered less diverse than other cities. If you prefer shorter commutes, living in Timberlake will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Timberlake, Virginia. 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. Finding the best places to live in Timberlake and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, health & safety, education and other important metrics.
With a livability score of 71/100, Timberlake is ranked #5,746 in the United States and #199 in Virginia. Based on the scores for each individual category, Timberlake has been rewarded with high marks for crime (B-), cost of living (A+) and housing (A-). Regrettably for Timberlake, there are some categories for which it does not score well, this includes: amenities (F) and education (D).
The Timberlake unemployment rate of 2.66% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
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 Timberlake 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.
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 Timberlake is actually affordable. The median home price for Timberlake homes is $187,700, which is 24.4% lower than the Virginia average. If we take a closer look at the affordability of homes in Timberlake, we’ll see that the home price to income ratio is 3.3, which is 13.2% lower than the Virginia average.
| Statistic | Timberlake | Virginia | National |
| Average one way commute | 21min | 28min | 26min |
| Workers who drive to work | 88.7% | 77.4% | 76.4% |
| Workers who carpool | 5.4% | 9.5% | 9.3% |
| Workers who take public transit | 0.2% | 4.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 0.3% | 2.4% | 2.8% |
| Working from home | 4.9% | 4.7% | 4.6% |
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