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.
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.
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.
Commute
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.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
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.
Versailles is a smaller city located in the state of Missouri. The city has a population of 2,983 people. According to the most recent Census, 93% of Versailles residents are White, 1% Black and 0% Asian. Versailles is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average. If you're not a fan of traffic congestion and long commute times to work, Versailles is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Living in Versailles can be a great experience for anyone moving to the city. Having said that, in the state of Missouri, there are many incredible 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. The best areas in Versailles and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Missouri and national averages.
Using data and statistics Versailles has received a livability score of 61 out of 100. This score is ranked in the 47th percentile when compared to all other cities. If we examine each of the categories individually, we see that Versailles ranks well for crime (A+) and housing (B+). Versailles does not rank well for the following: amenities (F), education (D) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
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 Versailles 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 Versailles is actually affordable. The median home price for Versailles homes is $83,800, which is 40.7% lower than the Missouri average. If we take a closer look at the affordability of homes in Versailles, we’ll see that the home price to income ratio is 3.3, which is 13.8% higher than the Missouri average.
| Statistic | Versailles | Missouri | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 70.0% | 81.6% | 76.4% |
| Workers who carpool | 20.5% | 9.1% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.5% | 0.3% | 0.6% |
| Workers who walk | 5.7% | 1.9% | 2.8% |
| Working from home | 3.3% | 4.6% | 4.6% |
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