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.
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.
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.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Crime
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Located in the state of Texas, Lake Worth is a small-sized city with a population of 5,060 inhabitants. According to the most recent Census, 83% of Lake Worth residents are White, 1% Black and 1% American Indian and Alaskan. Additionally, more than a quarter of the population of Lake Worth are of Hispanic or Latino origin, and 26% of the population also speak Spanish. 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 Worth, your commute time will align closely with the national average, spanning a one-way duration of approximately 27 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Lake Worth could be a positive experience compared to other cities in Texas if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Lake Worth, AreaVibes has created a livability score using key metrics like crime, cost of living, health & safety, housing and more.
Lake Worth, TX receives 70/100 for its livability score; this results in a ranking of #320 in Texas and #6,782 in the USA. Based on the scores for each individual category, Lake Worth has been rewarded with high marks for cost of living (A+) and employment (B+). There is at least one category that you should be aware of in Lake Worth. The following was graded with a disappointing score: crime (F) and education (F).
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lake Worth 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.
Assuming that Lake Worth 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 Worth. Everything else becomes a lot less important if it turns out that home prices in Lake Worth are simply unattainable. The median home price for Lake Worth homes is $268,481, which is 4.6% higher than the Texas average. If we take a closer look at the affordability of homes in Lake Worth, we’ll see that the home price to income ratio is 2.4, which is 25% lower than the Texas average.
| Statistic | Lake Worth | Texas | National |
| Average one way commute | 27min | 26min | 26min |
| Workers who drive to work | 78.6% | 80.3% | 76.4% |
| Workers who carpool | 12.3% | 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 | 0.3% | 1.6% | 2.8% |
| Working from home | 8.5% | 4.3% | 4.6% |
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