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.
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.
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.
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.
McKenzie, Tennessee is a smaller city with a population of 5,709 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (79% White). Given that fact, McKenzie could be considered less diverse than other cities. McKenzie is very likely to be a great place to live for singles as only 48%, of the population (over fifteen) are classified as married. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make McKenzie your home, your one-way commute time will typically last around 26 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in McKenzie can be a fulfilling experience for anyone relocating to the city. Having said that, in the state of Tennessee, there are many desirable 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. The best areas in McKenzie and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Tennessee and national averages.
Using data and statistics McKenzie has received a livability score of 62/100. This score is ranked in the 44th percentile when compared to all other cities. Based on the grades for each individual category, McKenzie has been rewarded with high marks for housing (A+). On a less positive note, McKenzie does not have favorable ranks for the following: amenities (F), education (F) and employment (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In McKenzie, the unemployment rate stands at 2.6%, 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.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their McKenzie apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in McKenzie is actually affordable. Median real estate prices in McKenzie come in at $176,949, which is 32.5% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In McKenzie, the home price to income ratio is 3.2, which is 13.5% lower than the Tennessee average.
| Statistic | McKenzie | Tennessee | National |
| Average one way commute | 26min | 25min | 26min |
| Workers who drive to work | 75.8% | 83.6% | 76.4% |
| Workers who carpool | 6.9% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 9.8% | 1.4% | 2.8% |
| Working from home | 2.0% | 3.9% | 4.6% |
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