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.
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 Oak is a small-sized city located in the state of North Carolina. The city has a population of 3,446 people. At 90%, the majority of the Red Oak population is White; this is followed by 10% Black and 0% Asian. In Red Oak, there seems to be a shift in population towards an older age group. The average age of the population is now 57, which is significantly higher than the nation’s average. Red Oak is known to be family friendly as more than 76% of the population has already tied the knot. It might also be worth noting that 26% of residents also have children under the age of 18. If you are not a fan of long commutes, you will enjoy living in Red Oak. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in Red Oak, North Carolina could be a good 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. To help you find the best places to live in and around Red Oak, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute and more.
With a livability score of 65/100, Red Oak is ranked #10,943 in the United States and #240 in North Carolina. If we take a closer look at each of the categories on their own, we see that Red Oak ranks well for crime (A+), cost of living (A-), employment (A) and housing (A-). Red Oak does not fare well for the following: amenities (F) and education (D). It might be a smart idea to take a closer look at each category to find out why.
The Red Oak unemployment rate of 1.15% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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. Red Oak 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 Red Oak. 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 Red Oak are affordable. The median home price for Red Oak homes is $206,300, which is 31.3% higher than the North Carolina average. If we take a closer look at the affordability of homes in Red Oak, we’ll see that the home price to income ratio is 2.8, which is 15.2% lower than the North Carolina average.
| Statistic | Red Oak | North Carolina | National |
| Average one way commute | 19min | 24min | 26min |
| Workers who drive to work | 78.8% | 81.1% | 76.4% |
| Workers who carpool | 13.2% | 9.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.8% | 2.8% |
| Working from home | 5.3% | 4.8% | 4.6% |
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