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.
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.
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.
Flatwoods, Kentucky is a smaller city with a population of 7,406 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Flatwoods could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Flatwoods is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 21 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Flatwoods, 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. Finding the best places to live in Flatwoods and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, health & safety, education, housing and other important metrics.
With a livability score of 71 out of 100, Flatwoods is ranked #5,884 in the United States and #120 in Kentucky. Based on the grades for each individual category, Flatwoods has received high marks for crime (A+), cost of living (A+), education (B-) and housing (A+). There are some categories that Flatwoods scores poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Flatwoods gets top scores for their low violent crime rates of 56 crimes per 100,000 residents, which are significantly 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 Flatwoods, the unemployment rate stands at 2.4%, 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.
Parents and families tend to prioritize school test scores when choosing educational institutions. Test score data can be a critical factor in evaluating and comparing schools. In Flatwoods, the average school test scores are an impressive 67%, well above the national average. This achievement reflects the educational system's dedication to providing students with the essential knowledge and tools for success. It ensures that your children will receive the support and resources needed to excel academically and thrive in their educational pursuits.
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, Flatwoods has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Flatwoods real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Flatwoods. Median real estate prices in Flatwoods come in at $173,286, which is 23% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Flatwoods, the home price to income ratio is 2.2, which is 35.3% lower than the Kentucky average.
| Statistic | Flatwoods | Kentucky | National |
| Average one way commute | 21min | 23min | 26min |
| Workers who drive to work | 91.5% | 82.2% | 76.4% |
| Workers who carpool | 6.2% | 9.7% | 9.3% |
| Workers who take public transit | 0.3% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.3% | 2.4% | 2.8% |
| Working from home | 1.5% | 3.3% | 4.6% |
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