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.
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.
Health & Safety
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.
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.
Employment
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, Lake Alfred is a small-sized city with a population of 5,993 people. Lake Alfred is very likely to be a great place to live for singles as only 49%, of the population (over fifteen) are classified as married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Lake Alfred, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.
Living in Lake Alfred can be a great experience for anyone relocating to the town. 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. Using the livability score which includes data from categories like amenities, cost of living, commute, employment, you can easily compare the best places to live in Lake Alfred and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lake Alfred to Florida and the national average.
Lake Alfred, FL receives 69/100 for its livability score; this results in a ranking of #389 in Florida and #6,719 in the USA. For each of the livability categories, we see that Lake Alfred ranks very well for crime (A+), cost of living (A+) and housing (A). There are some categories that Lake Alfred does not rank well for, including: amenities (F) and employment (F). It might be worth taking a closer look to determine why.
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Lake Alfred, it boasts a notably low violent crime rate of 91 crimes per 100,000 residents, which significantly outperforms the national average.
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 Lake Alfred 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.
Assuming that Lake Alfred 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 Lake Alfred. Everything else becomes a lot less important if it turns out that home prices in Lake Alfred are simply unattainable. The median home price for Lake Alfred homes is $135,400, which is 18.8% lower than the Florida average. If we take a closer look at the affordability of homes in Lake Alfred, we’ll see that the home price to income ratio is 3, which is 11.8% lower than the Florida average.
| Statistic | Lake Alfred | Florida | National |
| Average one way commute | 26min | 27min | 26min |
| Workers who drive to work | 82.0% | 79.5% | 76.4% |
| Workers who carpool | 11.1% | 9.3% | 9.3% |
| Workers who take public transit | 0.0% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 5.1% | 5.4% | 4.6% |
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