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.
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.
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 Tennessee, Park City is a small city with a population of 3,623 people. At 85%, the majority of the Park City population is White; this is followed by 3% Black and 0% Asian. 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 Park City is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Park City, Tennessee. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Park City and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, health & safety, you will see a detailed breakdown of the most important information as well as comparisons to the Tennessee and national averages.
Park City, TN receives 64 out of 100 for its livability score; this results in a ranking of #158 in Tennessee and #13,350 in the USA. Based on the grades for each individual category, Park City has been rewarded with high marks for crime (B), cost of living (A+), employment (B+) and housing (A+). There are some categories that Park City scores poorly for, including: amenities (F) and education (F). It might be worth taking a closer look to determine why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Park City, the unemployment rate stands at 0.8%, 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.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Park City 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.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Park City is real estate affordability. Median real estate prices in Park City come in at $242,798, which is 7.4% lower than the Tennessee average. The home price to income ratio compares the median home prices to the median household income. In Park City, the home price to income ratio is 2.6, which is 29.7% lower than the Tennessee average.
| Statistic | Park City | Tennessee | National |
| Average one way commute | 24min | 25min | 26min |
| Workers who drive to work | 84.7% | 83.6% | 76.4% |
| Workers who carpool | 10.6% | 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 | 0.0% | 1.4% | 2.8% |
| Working from home | 4.7% | 3.9% | 4.6% |
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