
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Texas, Nocona is a small city with a population of 3,061 people. The majority of Nocona residents report their race to be White; this is followed by Black and Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Nocona, your commute times will be about average, with a one way commute time of 24 minutes.
Living in Nocona can be a positive experience for anyone relocating to the town. Having said that, in the state of Texas, 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. Using the livability score which includes data from categories like crime, commute, health & safety, housing, you can easily compare the best places to live in Nocona and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Nocona to Texas and the national average.
Nocona, TX receives 67/100 for its livability score; this results in a ranking of #541 in Texas and #10,247 in the USA. There are nine total categories that create the livability score. Nocona ranks well for crime (B) and housing (A+) Nocona does not do well for the following: amenities (F), education (D-) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
In today's ever-changing economic climate, pursuing a cost-effective lifestyle takes on heightened importance, particularly with the continual increase in prices for everyday necessities. When living in Nocona, residents are privileged to experience a cost of living that stands 20.88% below the national average. This advantageous position has a far-reaching impact, spanning a wide array of expenditures, encompassing not just goods and services, but also housing, groceries, and transportation costs. As a result, this area emerges as a central hub where your financial resources yield greater value, allowing for the maintenance of an economically sustainable lifestyle. This affordability holds exceptional significance in an era characterized by mounting expenses, making Nocona an attractive destination for individuals seeking financial prudence without compromising their quality of life.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Nocona has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Nocona. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Nocona are affordable. Median real estate prices in Nocona come in at $129,714, which is 49.5% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Nocona, the home price to income ratio is 2.5, which is 21.9% lower than the Texas average.

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| Statistic | Nocona | Texas | National |
| Average one way commute | 24min | 26min | 26min |
| Workers who drive to work | 85.0% | 80.3% | 76.4% |
| Workers who carpool | 10.9% | 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 | 0.6% | 1.6% | 2.8% |
| Working from home | 2.2% | 4.3% | 4.6% |