Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Crime
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
Employment
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
Housing
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.
Ratings
Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Located in the state of Texas, Krum is a small city with a population of 5,222 inhabitants. If we look at the most recent Census, Krum is known to have a predominantly White population. The next two most common races are Black and Asian. 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 Krum entails a longer-than-average one-way commute time, averaging 32 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Krum, Texas could be a good experience for anyone who puts in the time 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 commute, health & safety, housing and other key data points, finding the best places to live in Krum and in the areas around Krum is a much easier task.
Krum has a livability score of 64/100 and is ranked #684 in Texas and #12,731 in the USA. Based on the grades for each individual category, Krum has been rewarded with high marks for crime (B-), employment (A+) and housing (A+). There is at least one category that you should be aware of in Krum. The following was graded with a disappointing score: amenities (F).
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 87 crimes per 100,000 residents, Krum has a violent crime rate that is far below the national average.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Krum, the unemployment rate stands at 1%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Krum 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.
Krum 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 Krum. Median real estate prices in Krum come in at $351,765, which is 37% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Krum, the home price to income ratio is 3.3, which is 3.1% higher than the Texas average.
| Statistic | Krum | Texas | National |
| Average one way commute | 32min | 26min | 26min |
| Workers who drive to work | 88.2% | 80.3% | 76.4% |
| Workers who carpool | 5.3% | 10.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 1.6% | 2.8% |
| Working from home | 5.9% | 4.3% | 4.6% |
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