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.
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 Virginia, Lake Holiday is a small-sized city with a population of 2,622 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (97% White). Given that fact, Lake Holiday could be considered less diverse than other cities. If you are looking for a family friendly city, Lake Holiday might be a good fit as 76% of the population over 15 years old are married, and 43% have kids who are 18 years old or younger. Something to be aware of when living in Lake Holiday are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 49 minutes, this comes in much higher than the national average of 26 minutes.
Without the right tools, moving to any new area can be very stressful and challenging. Living in Lake Holiday, Virginia could be a great 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 crime, cost of living, education and other key data points, finding the best places to live in Lake Holiday and in the areas around Lake Holiday is a much easier task.
With a livability score of 65/100, Lake Holiday is ranked #11,007 in the United States and #320 in Virginia. If we dig down a little deeper into each category within the livability score, we see that Lake Holiday has higher than average rankings for the following: crime (A+), cost of living (B-), employment (A+) and housing (A+). Unfortunately for Lake Holiday, there are some categories for which it does not rank well, this includes: amenities (F).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Lake Holiday has an unemployment rate of 0% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
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 Holiday 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 Holiday 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 Holiday. Everything else becomes a lot less important if it turns out that home prices in Lake Holiday are simply unattainable. The median home price for Lake Holiday homes is $227,000, which is 8.6% lower than the Virginia average. If we take a closer look at the affordability of homes in Lake Holiday, we’ll see that the home price to income ratio is 2.6, which is 31.6% lower than the Virginia average.
| Statistic | Lake Holiday | Virginia | National |
| Average one way commute | 49min | 28min | 26min |
| Workers who drive to work | 85.8% | 77.4% | 76.4% |
| Workers who carpool | 11.0% | 9.5% | 9.3% |
| Workers who take public transit | 1.5% | 4.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.4% | 0.6% |
| Workers who walk | 0.0% | 2.4% | 2.8% |
| Working from home | 1.7% | 4.7% | 4.6% |
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