Lake Lotawana 62 Average
Lake Lotawana Livability #332 ranked city in Missouri#15,142 ranked city in the USARanks better than 48% of areas

Pros and Cons of Living in Lake Lotawana

PROS
  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

CONS
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

  • Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

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What's it like Living in Lake Lotawana?

Lake Lotawana, Missouri is a smaller city with a population of 2,928 inhabitants. The majority of Lake Lotawana residents report their race to be White; this is followed by Asian and Black. If finding a family friendly city is important to you, look no further. With more than 71% of the population considered married and 42% with kids under the age of 18, Lake Lotawana could be considered a very suitable city for families. 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 Lake Lotawana offers up a higher than average one way commute time of 30 minutes.

Are you trying to decide if living in Lake Lotawana is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Missouri, 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. To help you find the best places to live in and around Lake Lotawana, AreaVibes has created a livability score using key metrics like amenities, crime, housing and more.

Using data and statistics Lake Lotawana has received a livability score of 64 out of 100. This score is ranked in the 57th percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Lake Lotawana has higher than average rankings for the following: crime (A+) and housing (A+). The bad news for Lake Lotawana, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Lake Lotawana has a violent crime rate of 128 crimes per 100,000 residents which is far lower than the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lake Lotawana, the unemployment rate stands at 2.23%, 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.

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, Lake Lotawana has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lake Lotawana is real estate affordability. Median real estate prices in Lake Lotawana come in at $464,800, which is 229.2% higher than the Missouri average. The home price to income ratio compares the median home prices to the median household income. In Lake Lotawana, the home price to income ratio is 3.5, which is 20.7% higher than the Missouri average.

Best Places to Live in and Around Lake Lotawana

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Compare Lake Lotawana, MO Livability

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      Lake Lotawana transportation information

      Statistic Lake Lotawana Missouri National
      Average one way commute30min23min26min
      Workers who drive to work78.4%81.6%76.4%
      Workers who carpool3.6%9.1%9.3%
      Workers who take public transit0.3%1.5%5.1%
      Workers who bicycle0.0%0.3%0.6%
      Workers who walk0.6%1.9%2.8%
      Working from home17.0%4.6%4.6%
      Source: The Lake Lotawana, MO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).