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.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
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.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
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.
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.
Located in the state of Texas, Greatwood is a mid-sized city with a population of 12,445 people. In Greatwood, there are 4,733 people per square mile, which is well above the national population density average. According to the most recent Census, 78% of Greatwood residents are White, 9% Asian and 8% Black. 74% of the people in Greatwood (over the age of 15) are married and 56% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Greatwood entails a longer-than-average one-way commute time, averaging 32 minutes.
If you’re considering moving 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 area before actually living in Greatwood, 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 cost of living, commute, health & safety, education and other key data points, finding the best places to live in Greatwood and in the areas around Greatwood is a much easier task.
With a livability score of 67/100, Greatwood is ranked #10,266 in the United States and #543 in Texas. For each of the livability categories, we can establish that Greatwood ranks very well for crime (A) and housing (A+). On a less positive note, Greatwood does not have favorable ranks for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
The unemployment rate in Greatwood has consistently declined over the years and currently stands well below the national average at 2.1%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
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, Greatwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Greatwood 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 Greatwood. Everything else becomes a lot less important if it turns out that home prices in Greatwood are simply unattainable. Median real estate prices in Greatwood come in at $531,670, which is 107.1% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Greatwood, the home price to income ratio is 2.4, which is 25% lower than the Texas average.
| Statistic | Greatwood | Texas | National |
| Average one way commute | 32min | 26min | 26min |
| Workers who drive to work | 84.4% | 80.3% | 76.4% |
| Workers who carpool | 7.3% | 10.6% | 9.3% |
| Workers who take public transit | 0.2% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.3% | 1.6% | 2.8% |
| Working from home | 7.9% | 4.3% | 4.6% |
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