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 city with a population of 3,718 residents. 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're not a fan of traffic congestion and long commute times to work, Frederick is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Are you trying to ascertain if living in Frederick is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Oklahoma, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like crime, health & safety, 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.
Using data and statistics Frederick has received a livability score of 62/100. This score is ranked in the 46th percentile when compared to all other cities. Based on the rankings for each individual category, Frederick has received high marks for housing (A+). There is at least one category that did not score well in Frederick. The following was graded with a discouraging score: amenities (F), education (D-) and employment (F).
The impact of the cost of living on your monthly financial situation cannot be overstated. Whether it's housing expenses, grocery bills or healthcare costs, it's crucial to ensure that your chosen place of residence is not only comfortable but also affordable. Fortunately, in Frederick, the cost of living is 23.47% below the national average, offering the assurance that after meeting your financial obligations, there may be a surplus left in your wallet. This financial advantage not only promotes financial stability but also opens up opportunities for savings and a better quality of life. In a world where expenses can be overwhelming, Frederick stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
The Frederick unemployment rate of 2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Frederick apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
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 Frederick is real estate affordability. The median home price for Frederick homes is $86,019, which is 60.1% lower than the Oklahoma average. If we take a closer look at the affordability of homes in Frederick, we’ll see that the home price to income ratio is 1.8, 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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