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.
Cost Of Living
Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.
Located in the state of Maryland, La Plata is a small-sized city with a population of 9,875 people. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in La Plata offers up a higher than average one way commute time of 35 minutes.
Living in La Plata can be a fulfilling experience for anyone moving to the area. Having said that, in the state of Maryland, there are many desirable 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 La Plata and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, education, employment and other important metrics.
With a livability score of 71 out of 100, La Plata is ranked #6,117 in the United States and #151 in Maryland. If we probe a little deeper into each category within the livability score, we see that La Plata has higher than average scores for the following: housing (A+). On a more negative note, La Plata does not have favorable scores for the following: amenities (F) and cost of living (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In La Plata, the unemployment rate stands at 2.3%, 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.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their La Plata apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that La Plata 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 La Plata. Everything else becomes a lot less important if it turns out that home prices in La Plata are simply unattainable. Median real estate prices in La Plata come in at $598,546, which is 15.6% higher than the Maryland average. The home price to income ratio compares the median home prices to the median household income. In La Plata, the home price to income ratio is 4.2, which is 8.7% lower than the Maryland average.
| Statistic | La Plata | Maryland | National |
| Average one way commute | 35min | 32min | 26min |
| Workers who drive to work | 78.2% | 73.7% | 76.4% |
| Workers who carpool | 8.2% | 9.3% | 9.3% |
| Workers who take public transit | 2.4% | 8.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 1.4% | 2.4% | 2.8% |
| Working from home | 8.6% | 4.4% | 4.6% |
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