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.
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
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.
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.
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
AreaVibes collected feedback from local residents in the area through surveys and polls, and the results did not show a favorable view of things like local amenities and the safety of the area.
Ocoee, Florida is a medium-sized city with a population of 47,433 inhabitants. With a population density of 3,039 people per square mile, Ocoee is well above the nation's average density level. More than a quarter of the residents of Ocoee identify themselves as Hispanic or Latino, and 21% of the population speak Spanish as their primary or secondary language. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Ocoee offers up a higher than average one way commute time of 33 minutes.
Living in Ocoee can be a great experience for anyone relocating to the area. Having said that, in the state of Florida, 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. With useful information like amenities, cost of living, health & safety, housing and other key data points, finding the best places to live in Ocoee and in the areas around Ocoee is a much easier task.
Ocoee has a livability score of 66/100 and is ranked #539 in Florida and #10,262 in the USA. If we probe a little deeper into each category within the livability score, we see that Ocoee has higher than average rankings for the following: cost of living (B+), employment (A-) and housing (A+). Ocoee does not do well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
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, Ocoee has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Ocoee 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 Ocoee. Everything else becomes a lot less important if it turns out that home prices in Ocoee are simply unattainable. The median home price for Ocoee homes is $266,100, which is 59.5% higher than the Florida average. If we take a closer look at the affordability of homes in Ocoee, we’ll see that the home price to income ratio is 3.4, which is 0% lower than the Florida average.
|Average one way commute
|Workers who drive to work
|Workers who carpool
|Workers who take public transit
|Workers who bicycle
|Workers who walk
|Working from home