Galveston, Texas is a mid-sized city with a population of 49,443 people. The majority of Galveston residents report their race to be White; this is followed by Black and Asian. Additionally, more than a quarter of the population of Galveston are of Hispanic or Latino origin, and 21% of the population also speak Spanish.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Galveston, Texas could be a positive experience for anyone who puts in the effort to do the research required. The best areas in Galveston and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, cost of living, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
With a livability score of 78/100, Galveston is ranked #3,001 in the United States and #564 in Texas. This is a fantastic score, as Galveston ranks well in multiple categories! Based on the rankings for each individual category, Galveston has been rewarded with high marks for amenities (A+), cost of living (B-), weather (A-) and education (B). Galveston does not score well for the following: crime (F) and employment (D-). It might be wise to take a closer look at each category to find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Galveston on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Here are some of the more popular things to do in Galveston: Galveston - Port Bolivar Ferry, The Strand, and The Seawall.
Assuming that Galveston meets all of your requirements, the next most important item to examine is the affordability of real estate in Galveston. Everything else becomes a lot less important if it turns out that home prices in Galveston are simply unattainable. The median home price for Galveston homes is $154,400, which is 8.2% higher than the Texas average. If we take a closer look at the affordability of homes in Galveston, we’ll see that the home price to income ratio is 3.7, which is 42.3% higher than the Texas average. Year over year appreciation rates for homes in the Galveston area were 20.1% and the 5 year appreciation rates came in at 6%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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