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.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Ratings
Surveys and polls conducted by AreaVibes with residents of the area revealed unfavorable results concerning the walkability of amenities, the availability of parks and public transit access.
Located in the state of Texas, Floydada is a small city with a population of 2,763 residents. At 83%, the majority of the Floydada population is White; this is followed by 9% Black and 0% Asian. Additionally, more than a quarter of the population of Floydada are of Hispanic or Latino origin, and 52% of the population also speak Spanish. Not a fan of sitting in traffic during your commute to work? Floydada offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
If you’re considering relocating 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 Floydada, Texas. 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 amenities, employment, housing and other key data points, finding the best places to live in Floydada and in the areas around Floydada is a much easier task.
Floydada has a livability score of 74 out of 100 and is ranked #171 in Texas and #4,441 in the USA. On a less positive note, Floydada does not have favorable scores for the following: education (D) and employment (D). If we take a look at the data, we can find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Floydada, residents are privileged to experience a cost of living that stands 21.28% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Floydada an attractive destination for individuals seeking financial prudence without compromising their quality of life.
When contemplating a move, job prospects often top the list of priorities. In Floydada, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.5% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Floydada can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Floydada meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Floydada. Everything else becomes a lot less important if it turns out that home prices in Floydada are simply unattainable. Median real estate prices in Floydada come in at $112,462, which is 56.2% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Floydada, the home price to income ratio is 1.7, which is 46.9% lower than the Texas average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Floydada | Texas | National |
| Average one way commute | 19min | 26min | 26min |
| Workers who drive to work | 79.8% | 80.3% | 76.4% |
| Workers who carpool | 10.9% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 4.8% | 1.6% | 2.8% |
| Working from home | 3.1% | 4.3% | 4.6% |
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