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.
Employment
Low income levels and high unemployment rates results in a low score in the employment category. It could prove difficult to find well-paying employment in this area.
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.
Frederick, Oklahoma is a small-sized city with a population of 3,604 people. More than a quarter of the residents of Frederick identify themselves as Hispanic or Latino, and 22% of the population speak Spanish as their primary or secondary language. If you prefer shorter commutes, living in Frederick will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Frederick, Oklahoma could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like health & safety, employment, housing and other key data points, finding the best places to live in Frederick and in the areas around Frederick is a much easier task.
Frederick has a livability score of 59 out of 100 and is ranked #318 in Oklahoma and #17,817 in the USA. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Frederick may not be a pleasant experience. If we dig a little deeper into each category within the livability score, we see that Frederick has higher than average grades for the following: housing (B). There are some categories that Frederick scores poorly for, including: amenities (F), crime (D), education (D-) and employment (F). It might be worth taking a closer look to 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 Frederick, residents are privileged to experience a cost of living that stands 22.44% 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 Frederick an attractive destination for individuals seeking financial prudence without compromising their quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Frederick has an unemployment rate of 1.86% 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.
Finding affordable real estate and housing in Frederick 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.
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 Frederick is actually affordable. Median real estate prices in Frederick come in at $47,500, which is 60.8% lower than the Oklahoma average. The home price to income ratio compares the median home prices to the median household income. In Frederick, the home price to income ratio is 1.5, which is 40% lower than the Oklahoma average.
| Statistic | Frederick | Oklahoma | National |
| Average one way commute | 19min | 21min | 26min |
| Workers who drive to work | 86.2% | 82.6% | 76.4% |
| Workers who carpool | 9.3% | 10.1% | 9.3% |
| Workers who take public transit | 0.9% | 0.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 1.2% | 1.8% | 2.8% |
| Working from home | 1.4% | 3.6% | 4.6% |
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