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.
Employment
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.
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.
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.
Panorama Village is a small-sized city located in the state of Texas. The city has a population of 2,740 residents. At 97%, the majority of the Panorama Village population is White; this is followed by 1% Black and 0% Asian. With an average age of 50 years, Panorama Village residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. Panorama Village is known to be family friendly as more than 80% of the population has already tied the knot. It might also be worth noting that 28% of residents also have children under the age of 18. 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 Panorama Village, your commute times will be about average, with a one way commute time of 29 minutes.
Living in Panorama Village can be a great experience for anyone relocating to the city. 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. The best areas in Panorama Village and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Panorama Village has a livability score of 62 out of 100 and is ranked #893 in Texas and #15,891 in the USA. If we examine each of the categories individually, we see that Panorama Village ranks well for crime (A+), cost of living (B+), employment (A-) and housing (A+). Unfortunately for Panorama Village, there are some categories for which it does not score well, this includes: amenities (F) and education (D).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Panorama Village has an unemployment rate of 1.4% 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 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, Panorama Village has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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 Panorama Village is actually affordable. The median home price for Panorama Village homes is $353,662, which is 37.7% higher than the Texas average. If we take a closer look at the affordability of homes in Panorama Village, we’ll see that the home price to income ratio is 3.5, which is 9.4% higher than the Texas average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Panorama Village | Texas | National |
| Average one way commute | 29min | 26min | 26min |
| Workers who drive to work | 88.9% | 80.3% | 76.4% |
| Workers who carpool | 3.6% | 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 | 0.2% | 1.6% | 2.8% |
| Working from home | 6.8% | 4.3% | 4.6% |
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