Cost Of Living
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
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.
Housing
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.
Amenities
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.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Employment
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.
Health & Safety
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.
Schools
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 Mississippi, Okolona is a small-sized city with a population of 2,689 inhabitants. According to Census, the majority (75%) of Okolona residents identify as Black or African American followed by 24% White and 0% Asian. In Okolona, only 45% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Okolona is the right fit for you, your one way commute time will average 27 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Okolona can be a great experience for anyone relocating to the city. Having said that, in the state of Mississippi, 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 Okolona and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, health & safety, education and other important metrics.
Okolona has a livability score of 61/100 and is ranked #182 in Mississippi and #17,116 in the USA. There are nine total categories that generate the livability score. Okolona ranks well for crime (A+) and housing (A+) Regrettably for Okolona, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (F).
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Okolona is 27.8% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Okolona a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Okolona has an unemployment rate of 2.5% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Okolona excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Okolona. 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 Okolona are affordable. Median real estate prices in Okolona come in at $126,230, which is 32.7% lower than the Mississippi average. The home price to income ratio compares the median home prices to the median household income. In Okolona, the home price to income ratio is 3.7, which is 19.4% higher than the Mississippi average.
| Statistic | Okolona | Mississippi | National |
| Average one way commute | 27min | 24min | 26min |
| Workers who drive to work | 90.8% | 84.7% | 76.4% |
| Workers who carpool | 8.5% | 9.7% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.1% | 0.6% |
| Workers who walk | 0.7% | 1.5% | 2.8% |
| Working from home | 0.0% | 2.2% | 4.6% |
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