Valrico, Florida is a moderately-sized city with a population of 36,774 residents. The majority of Valrico residents report their race to be White; this is followed by Black and Asian. If you are looking for a family friendly city, Valrico might be a good fit as 81% of the population over 15 years old are married, and 59% have kids who are 18 years old or younger.
Living in Valrico can be a positive experience for anyone relocating to the area. Having said that, in the state of Florida, there are many desirable places to live, so choose wisely! Using the livability score which includes data from categories like amenities, weather, education, you can easily compare the best places to live in Valrico and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Valrico to Florida and the national average.
The livability score in Valrico is 83 out of 100 and the city is ranked in the 97th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Valrico could be a great choice! Valrico has also earned the rare honor of ranking in the top 10 percentile among all cities. For each of the livability categories, we see that Valrico ranks very well for amenities (A+), weather (A), education (A) and housing (B+). The bad news for Valrico, there are some categories for which it does not rank well, this includes: cost of living (D).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Valrico, there is no shortage of amazing local amenities and interesting things to do.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Valrico has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Valrico. 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 Valrico are affordable. Median real estate prices in Valrico come in at $202,400, which is 21.3% higher than the Florida average. The home price to income ratio compares the median home prices to the median household income. In Valrico, the home price to income ratio is 2.9, which is 14.7% lower than the Florida average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Valrico will offer some insight into determining if your home purchase will be a solid investment for years to come. In Valrico, the year-over-year appreciation rates were 6.1%, and the 5 year appreciation rates came in at 9.4%.