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.
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.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
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.
Red Bank is a moderately-sized city located in the state of Tennessee. The city has a population of 12,075 inhabitants. If we look at the most recent Census, Red Bank is known to have a predominantly White population. The next two most common races are Black and Asian. In Red Bank, only 50% of people over the age of fifteen are married. This city could be a good option for singles ready to mingle. Not a fan of sitting in traffic during your commute to work? Red Bank offers shorter work commutes, with an average one-way commute time taking only 19 minutes, far lower than the national average of 26 minutes.
Are you trying to figure out if living in Red Bank is the right fit for your lifestyle? To ensure a positive experience before moving to any new city in Tennessee, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, crime, cost of living, education, employment, you can easily compare the best places to live in Red Bank and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Red Bank to Tennessee and the national average.
The livability score in Red Bank is 72/100 and the city is ranked in the 81st percentile of all cities across America. For each of the livability categories, we know that Red Bank ranks very well for cost of living (A+) and housing (A+). Red Bank does not fare well for the following: amenities (F) and education (D-). It might be wise to take a closer look at each category to find out why.
When contemplating a move, job prospects often top the list of priorities. In Red Bank, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.8% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Red Bank market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Red Bank real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Red Bank. The median home price for Red Bank homes is $288,745, which is 10.2% higher than the Tennessee average. If we take a closer look at the affordability of homes in Red Bank, we’ll see that the home price to income ratio is 4.3, which is 16.2% higher than the Tennessee average.
| Statistic | Red Bank | Tennessee | National |
| Average one way commute | 19min | 25min | 26min |
| Workers who drive to work | 80.8% | 83.6% | 76.4% |
| Workers who carpool | 9.8% | 9.2% | 9.3% |
| Workers who take public transit | 0.0% | 0.8% | 5.1% |
| Workers who bicycle | 0.3% | 0.1% | 0.6% |
| Workers who walk | 0.5% | 1.4% | 2.8% |
| Working from home | 7.9% | 3.9% | 4.6% |
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