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.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
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.
Parkway is a medium-sized city located in the state of California. The city has a population of 16,282 people. With a population density of 6,758 people per square mile, Parkway is well above the nation's average density level. More than a quarter of the residents of Parkway identify themselves as Hispanic or Latino, and 34% of the population speak Spanish as their primary or secondary language. Parkway could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. Parkway is not known to have a high population (over 15 years old) of married people. At only 48% married, this city falls well below the national average. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Parkway, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Parkway, California could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Parkway and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, commute, education and other important metrics.
Using data and statistics Parkway has received a livability score of 64 out of 100. This score is ranked in the 56th percentile when compared to all other cities. Based on the rankings for each individual category, Parkway has been rewarded with high marks for amenities (B-), education (B-) and housing (A). The bad news for Parkway, there are some categories for which it does not rank well, this includes: crime (F), cost of living (D) and employment (D).
The mantra of real estate, "location, location, location," underscores the importance of where a property is situated, making it a pivotal factor in your quest for a new home. Fortunately, when you're living in Parkway, you'll discover an abundance of exceptional local amenities and lots of things to do. Among these are conveniently located grocery stores, charming coffee shops, diverse dining options and plenty of spacious parks. These local amenities contribute significantly to its overall appeal, ensuring that your daily needs are met and offering ample opportunities for leisure and recreation. When considering your next move, the thriving local scene in Parkway undoubtedly enhances its desirability, affirming the significance of its prime location.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Parkway 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.
Assuming that Parkway 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 Parkway. Everything else becomes a lot less important if it turns out that home prices in Parkway are simply unattainable. Median real estate prices in Parkway come in at $243,100, which is 40.6% lower than the California average. The home price to income ratio compares the median home prices to the median household income. In Parkway, the home price to income ratio is 4.8, which is 25% lower than the California 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