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.
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.
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.
Madisonville is a medium-sized city located in the state of Kentucky. The city has a population of 19,522 people. At 82%, the majority of the Madisonville population is White; this is followed by 12% Black and 2% Asian. If you're not a fan of traffic congestion and long commute times to work, Madisonville is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Living in Madisonville can be a positive experience for anyone relocating to the area. Having said that, in the state of Kentucky, there are many incredible 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 Madisonville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes commute, health & safety, education, housing and other important metrics.
Using data and statistics Madisonville has received a livability score of 72 out of 100. This score is ranked in the 80th percentile when compared to all other cities. Based on the scores for each individual category, Madisonville has been rewarded with high marks for crime (A+), cost of living (A+) and housing (A+). There is at least one category that does not have great scores in Madisonville. The following was graded with a discouraging score: amenities (F) and employment (F).
Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 88 crimes per 100,000 residents, which signifies that Madisonville boasts an impressively low violent crime rate that falls well below the national average.
Finding affordable real estate and housing in Madisonville can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Madisonville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Madisonville. Median real estate prices in Madisonville come in at $217,722, which is 3.3% lower than the Kentucky average. The home price to income ratio compares the median home prices to the median household income. In Madisonville, the home price to income ratio is 3.5, which is 2.9% higher than the Kentucky average.
| Statistic | Madisonville | Kentucky | National |
| Average one way commute | 19min | 23min | 26min |
| Workers who drive to work | 91.3% | 82.2% | 76.4% |
| Workers who carpool | 4.3% | 9.7% | 9.3% |
| Workers who take public transit | 0.2% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.9% | 2.4% | 2.8% |
| Working from home | 2.4% | 3.3% | 4.6% |
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