Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Dannemora, New York is a smaller city with a population of 4,180 inhabitants. In Dannemora, there are 3,462 people per square mile, which is well above the national population density average. Individuals of White (38%) and Black or African American (47%) backgrounds make up a significant portion of the population of the city. Single men and women might be happy to hear that in Dannemora, only 34% of the population is married. If you prefer shorter commutes, living in Dannemora will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the city before actually living in Dannemora, New York. 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. Using the livability score which includes data from categories like amenities, commute, health & safety, employment, housing, you can easily compare the best places to live in Dannemora and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Dannemora to New York and the national average.
With a livability score of 55/100, Dannemora is ranked #22,987 in the United States and #1,102 in New York. This is a poor rating when compared to the average of other places in the country. Based on the rankings for each individual category, Dannemora has received high marks for cost of living (B) and housing (A). There are some categories that Dannemora scores poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Dannemora has an unemployment rate of 0.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving 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 Dannemora 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.
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 Dannemora is real estate affordability. Median real estate prices in Dannemora come in at $194,091, which is 61.5% lower than the New York average. The home price to income ratio compares the median home prices to the median household income. In Dannemora, the home price to income ratio is 2.6, which is 53.6% lower than the New York average.
| Statistic | Dannemora | New York | National |
| Average one way commute | 21min | 33min | 26min |
| Workers who drive to work | 66.4% | 53.0% | 76.4% |
| Workers who carpool | 18.6% | 6.7% | 9.3% |
| Workers who take public transit | 0.0% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 5.5% | 6.3% | 2.8% |
| Working from home | 6.2% | 4.0% | 4.6% |
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