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.
Located in the state of Oklahoma, Hominy is a small-sized city with a population of 3,553 inhabitants. Hominy is not known to have a high population (over 15 years old) of married people. At only 42% married, this city falls well below the national average. 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 Hominy entails a longer-than-average one-way commute time, averaging 33 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Hominy, Oklahoma could be a great experience for anyone who puts in the effort 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 crime, cost of living, commute, education, housing and other key data points, finding the best places to live in Hominy and in the areas around Hominy is a much easier task.
Using data and statistics Hominy has received a livability score of 56/100. This score is ranked in the 24th percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. If we dig a little deeper into each category within the livability score, we see that Hominy has higher than average rankings for the following: crime (A-) and housing (A-). Hominy does not score well for the following: amenities (F), education (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
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 Hominy, the cost of living is 23.72% 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, Hominy stands out as a place where you can enjoy both comfort and fiscal responsibility, ensuring a brighter financial future.
When contemplating a move, job prospects often top the list of priorities. In Hominy, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2% 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Hominy excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
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 Hominy is actually affordable. Median real estate prices in Hominy come in at $109,700, which is 49.1% lower than the Oklahoma average. The home price to income ratio compares the median home prices to the median household income. In Hominy, the home price to income ratio is 2.2, which is 26.7% lower than the Oklahoma average.
| Statistic | Hominy | Oklahoma | National |
| Average one way commute | 33min | 21min | 26min |
| Workers who drive to work | 86.3% | 82.6% | 76.4% |
| Workers who carpool | 7.4% | 10.1% | 9.3% |
| Workers who take public transit | 0.0% | 0.5% | 5.1% |
| Workers who bicycle | 0.8% | 0.2% | 0.6% |
| Workers who walk | 4.2% | 1.8% | 2.8% |
| Working from home | 1.2% | 3.6% | 4.6% |
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