Graymoor-Devondale 85 Exceptional
Graymoor-Devondale Livability #36 ranked city in Kentucky#414 ranked city in the USARanks better than 98% of areas

Pros and Cons of Living in Graymoor-Devondale

PROS
  • Commute

    A high commute score suggests convenient, easy access to public transportation, with shorter-than-average work commute times to work.

  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Nothing Found

    There are no cons identified for this area, as none of the categories received a poor score.

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What's it like Living in Graymoor-Devondale?

Graymoor-Devondale is a smaller city located in the state of Kentucky. The city has a population of 3,095 inhabitants. Graymoor-Devondale has a population density of 4,198 people per square mile. This would be considered well above the national population density level. According to the most recent Census, 91% of Graymoor-Devondale residents are White, 3% Black and 2% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Graymoor-Devondale your home, your one-way commute time will typically last around 23 minutes, a duration that aligns with the national average commute time of 26 minutes.

If you’re considering moving to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the city before actually living in Graymoor-Devondale, Kentucky. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like crime, cost of living, health & safety, housing and other key data points, finding the best places to live in Graymoor-Devondale and in the areas around Graymoor-Devondale is a much easier task.

Graymoor-Devondale, KY receives 81 out of 100 for its livability score; this results in a ranking of #55 in Kentucky and #1,069 in the USA. Based on this score, Graymoor-Devondale would be considered a very livable city! The cherry on top is that Graymoor-Devondale also ranks in the top 10 percent of all cities. If we dig a little deeper into each category within the livability score, we see that Graymoor-Devondale has higher than average grades for the following: cost of living (B-), education (B+), employment (A) and housing (A+).

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Graymoor-Devondale, the unemployment rate stands at 1.07%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

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 Graymoor-Devondale 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 Graymoor-Devondale is actually affordable. The median home price for Graymoor-Devondale homes is $254,800, which is 102.1% higher than the Kentucky average. If we take a closer look at the affordability of homes in Graymoor-Devondale, we’ll see that the home price to income ratio is 3.5, which is 25% higher than the Kentucky average.

Best Places to Live in and Around Graymoor-Devondale

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How Do You Rate The Livability In Graymoor-Devondale?

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Compare Graymoor-Devondale, KY Livability

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      Graymoor-Devondale transportation information

      Statistic Graymoor-Devondale Kentucky National
      Average one way commute23min23min26min
      Workers who drive to work88.0%82.2%76.4%
      Workers who carpool4.1%9.7%9.3%
      Workers who take public transit0.0%1.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.0%2.4%2.8%
      Working from home6.3%3.3%4.6%
      Source: The Graymoor-Devondale, KY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).