Beaver Dam Lake 70 Good
Beaver Dam Lake Livability #404 ranked city in New York#7,198 ranked city in the USARanks better than 75% of areas

Pros and Cons of Living in Beaver Dam Lake

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.

  • 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.

  • Health & Safety

    Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.

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What's it like Living in Beaver Dam Lake?

Located in the state of New York, Beaver Dam Lake is a small city with a population of 2,535 residents. At 90%, the majority of the Beaver Dam Lake population is White; this is followed by 5% Black and 0% Asian. An important consideration when living in Beaver Dam Lake is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 37 minutes, far surpassing the national average of 26 minutes.

Are you trying to figure out if living in Beaver Dam Lake is the right fit for your lifestyle? To ensure a fulfilling experience before moving to any new city in New York, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like crime, commute, health & safety, education, you can easily compare the best places to live in Beaver Dam Lake and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Beaver Dam Lake to New York and the national average.

The livability score in Beaver Dam Lake is 69/100 and the city is ranked in the 75th percentile of all cities across America. There are nine total categories that create the livability score. Beaver Dam Lake ranks well for crime (A+) and housing (A+) There is at least one category that did not score well in Beaver Dam Lake. The following was graded with a disappointing score: amenities (F) and cost of living (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 Beaver Dam Lake 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 Beaver Dam Lake is actually affordable. The median home price for Beaver Dam Lake homes is $305,800, which is 6.8% higher than the New York average. If we take a closer look at the affordability of homes in Beaver Dam Lake, we’ll see that the home price to income ratio is 2.6, which is 44.7% lower than the New York average.

Best Places to Live in and Around Beaver Dam Lake

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Compare Beaver Dam Lake, NY Livability

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      Beaver Dam Lake transportation information

      Statistic Beaver Dam Lake New York National
      Average one way commute37min33min26min
      Workers who drive to work87.1%53.0%76.4%
      Workers who carpool4.3%6.7%9.3%
      Workers who take public transit4.1%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk0.0%6.3%2.8%
      Working from home4.5%4.0%4.6%
      Source: The Beaver Dam Lake, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).