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.
Schools
The high score in the schools category can be attributed to outstanding test scores, elevated graduation rates and the convenient placement of elementary and high schools in this area.
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.
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.
Versailles, Ohio is a smaller city with a population of 2,793 residents. At 99%, the majority of the Versailles population is White; this is followed by 0% Black and 0% Asian. Not a fan of sitting in traffic during your commute to work? Versailles offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Versailles, Ohio could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like amenities, education, housing, you can easily compare the best places to live in Versailles and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Versailles to Ohio and the national average.
With a livability score of 78/100, Versailles is ranked #1,871 in the United States and #116 in Ohio. Pack your bags! This is a very high score in comparison to other US cities. Living in Versailles could be a great choice! Another exciting tidbit, is that Versailles ranks better than 90% of all US cities! If we check out each of the categories individually, we see that Versailles ranks well for crime (A+), cost of living (A+), education (A+), employment (B) and housing (A-). On a less positive note, Versailles does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
When contemplating a move, job prospects often top the list of priorities. In Versailles, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.05% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Versailles, the average school test scores are an impressive 88%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.
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.
Assuming that Versailles 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 Versailles. Everything else becomes a lot less important if it turns out that home prices in Versailles are simply unattainable. The median home price for Versailles homes is $144,900, which is 9.9% higher than the Ohio 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 2.5, which is 3.8% lower than the Ohio average.
| Statistic | Versailles | Ohio | National |
| Average one way commute | 20min | 23min | 26min |
| Workers who drive to work | 85.9% | 83.4% | 76.4% |
| Workers who carpool | 6.5% | 7.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.7% | 5.1% |
| Workers who bicycle | 0.7% | 0.3% | 0.6% |
| Workers who walk | 2.8% | 2.3% | 2.8% |
| Working from home | 3.9% | 3.7% | 4.6% |
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