Lakeland 74 Excellent
Lakeland Livability #259 ranked city in New York#4,294 ranked city in the USARanks better than 85% of areas

Pros and Cons of Living in Lakeland

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.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

  • Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

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.

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What's it like Living in Lakeland?

Located in the state of New York, Lakeland is a small city with a population of 2,524 inhabitants. According to the most recent Census, 97% of Lakeland residents are White, 2% Black and 0% Asian. With an average age of 50 years, Lakeland residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you are not a fan of long commutes, you will enjoy living in Lakeland. With an average one way commute time of only 21 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.

Living in Lakeland can be a fulfilling experience for anyone moving to the town. Having said that, in the state of New York, there are many amazing 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 amenities, crime, cost of living, education, housing, you can easily compare the best places to live in Lakeland and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lakeland to New York and the national average.

With a livability score of 73/100, Lakeland is ranked #4,280 in the United States and #280 in New York. There are nine total categories that form the livability score. Lakeland ranks well for crime (A), cost of living (B+), employment (A) and housing (A-) On a more negative note, Lakeland does not have favorable ranks for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lakeland, the unemployment rate stands at 2.1%, 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, Lakeland has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

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 Lakeland is actually affordable. The median home price for Lakeland homes is $133,900, which is 53.2% lower than the New York average. If we take a closer look at the affordability of homes in Lakeland, we’ll see that the home price to income ratio is 1.7, which is 63.8% lower than the New York average.

Best Places to Live in and Around Lakeland

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How Do You Rate The Livability In Lakeland?

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Compare Lakeland, NY Livability

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      Lakeland transportation information

      Statistic Lakeland New York National
      Average one way commute21min33min26min
      Workers who drive to work84.5%53.0%76.4%
      Workers who carpool10.5%6.7%9.3%
      Workers who take public transit0.9%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk0.0%6.3%2.8%
      Working from home2.6%4.0%4.6%
      Source: The Lakeland, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).