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.
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.
Located in the state of New York, Lakeland is a small city with a population of 2,605 residents. 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, Lakeland could be considered less diverse than other cities. Based on an average age of 50, Lakeland appears to be well-suited for seniors or retirees as the average age is well above the national average. Not a fan of sitting in traffic during your commute to work? Lakeland offers shorter work commutes, with an average one-way commute time taking only 21 minutes, far lower than the national average of 26 minutes.
Living in Lakeland can be a good experience for anyone moving to the city. Having said that, in the state of New York, 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. With useful information like crime, commute, health & safety, education and other key data points, finding the best places to live in Lakeland and in the areas around Lakeland is a much easier task.
Lakeland, NY receives 74 out of 100 for its livability score; this results in a ranking of #259 in New York and #4,294 in the USA. If we check out each of the categories on their own, we see that Lakeland ranks well for crime (A-), employment (A+) and housing (A+). There is at least one category that you should be aware of in Lakeland. The following was graded with a concerning score: amenities (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Lakeland, the unemployment rate stands at 2.2%, 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.
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 Lakeland 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 Lakeland 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 Lakeland. Everything else becomes a lot less important if it turns out that home prices in Lakeland are simply unattainable. The median home price for Lakeland homes is $244,626, which is 51.4% lower than the New York average. If we take a closer look at the affordability of homes in Lakeland, we’ll see that the home price to income ratio is 2.1, which is 62.5% lower than the New York average.
| Statistic | Lakeland | New York | National |
| Average one way commute | 21min | 33min | 26min |
| Workers who drive to work | 84.5% | 53.0% | 76.4% |
| Workers who carpool | 10.5% | 6.7% | 9.3% |
| Workers who take public transit | 0.9% | 28.0% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 6.3% | 2.8% |
| Working from home | 2.6% | 4.0% | 4.6% |
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