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.
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.
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.
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.
Wading River is a small-sized city located in the state of New York. The city has a population of 8,139 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Wading River could be considered less diverse than other cities. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Wading River offers up a higher than average one way commute time of 30 minutes.
Living in Wading River can be a good experience for anyone relocating to the city. Having said that, in the state of New York, 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. Using the livability score which includes data from categories like crime, cost of living, health & safety, employment, housing, you can easily compare the best places to live in Wading River and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wading River to New York and the national average.
With a livability score of 62 out of 100, Wading River is ranked #13,974 in the United States and #752 in New York. Based on the scores for each individual category, Wading River has received high marks for crime (A), education (B-) and housing (A). Unfortunately for Wading River, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
The Wading River unemployment rate of 2.36% 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.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Wading River has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Wading River 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 Wading River. Everything else becomes a lot less important if it turns out that home prices in Wading River are simply unattainable. The median home price for Wading River homes is $410,300, which is 43.3% higher than the New York average. If we take a closer look at the affordability of homes in Wading River, we’ll see that the home price to income ratio is 3.3, which is 29.8% lower than the New York average.
Statistic | Wading River | New York | National |
Average one way commute | 30min | 33min | 26min |
Workers who drive to work | 89.9% | 53.0% | 76.4% |
Workers who carpool | 2.6% | 6.7% | 9.3% |
Workers who take public transit | 0.0% | 28.0% | 5.1% |
Workers who bicycle | 0.0% | 0.7% | 0.6% |
Workers who walk | 1.5% | 6.3% | 2.8% |
Working from home | 5.7% | 4.0% | 4.6% |