Balmville 75 Excellent
Balmville Livability #220 ranked city in New York#3,454 ranked city in the USARanks better than 88% of areas

Pros and Cons of Living in Balmville

PROS
  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Employment

    The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

  • Health & Safety

    A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.

  • Ratings

    Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Commute

    Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.

  • Cost Of Living

    Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.

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What's it like Living in Balmville?

Balmville is a small-sized city located in the state of New York. The city has a population of 3,581 residents. Based on an average age of 48, Balmville appears to be well-suited for seniors or retirees as the average age is well above the national average. Something to be aware of when living in Balmville are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in much higher than the national average of 26 minutes.

Living in Balmville can be a positive experience for anyone moving to the town. 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, health & safety, housing, you can easily compare the best places to live in Balmville and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Balmville to New York and the national average.

Balmville, NY receives 73 out of 100 for its livability score; this results in a ranking of #292 in New York and #4,545 in the USA. If we dig down a little deeper into each category within the livability score, we see that Balmville has higher than average rankings for the following: crime (A+), employment (A+) and housing (A). There is at least one category that did not score well in Balmville. The following was graded with a concerning score: amenities (F), cost of living (F) and education (F).

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 Balmville 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.

Balmville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Balmville. Median real estate prices in Balmville come in at $279,600, which is 2.3% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Balmville, the home price to income ratio is 3, which is 36.2% lower than the New York average.

Best Places to Live in and Around Balmville

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Compare Balmville, NY Livability

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      Balmville transportation information

      Statistic Balmville New York National
      Average one way commute32min33min26min
      Workers who drive to work77.8%53.0%76.4%
      Workers who carpool4.4%6.7%9.3%
      Workers who take public transit11.1%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk0.0%6.3%2.8%
      Working from home5.1%4.0%4.6%
      Source: The Balmville, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).