Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Located in the state of Florida, Inwood is a smaller city with a population of 7,196 inhabitants. In Inwood, there are 3,780 people per square mile, which is well above the national population density average. Inwood is mostly populated by White (54%) and Black or African American (32%) ethnic groups. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Inwood is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Inwood can be a good experience for anyone relocating to the area. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Inwood and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, employment and other important metrics.
With a livability score of 64/100, Inwood is ranked #12,013 in the United States and #619 in Florida. If we examine each of the categories individually, we see that Inwood ranks well for housing (A). On a more negative note, Inwood does not have favorable grades for the following: amenities (F), crime (D), education (D) and employment (F). If we take a look at the data, we can find out why.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Inwood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Inwood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Inwood. The median home price for Inwood homes is $87,100, which is 47.8% lower than the Florida average. If we take a closer look at the affordability of homes in Inwood, we’ll see that the home price to income ratio is 2.9, which is 14.7% lower than the Florida average.
|Average one way commute
|Workers who drive to work
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|Workers who take public transit
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|Workers who walk
|Working from home