Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Wells Branch, Texas is a moderately-sized city with a population of 12,512 people. With a population density of 5,148 people per square mile, Wells Branch is well above the nation's average density level. More than a quarter of the residents of Wells Branch identify themselves as Hispanic or Latino, and 17% of the population speak Spanish as their primary or secondary language. Wells Branch is not known to have a high population (over 15 years old) of married people. At only 45% 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 Wells Branch, your commute time will align closely with the national average, spanning a one-way duration of approximately 26 minutes.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Wells Branch could be a positive experience compared to other cities in Texas if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, cost of living, education, housing and other key data points, finding the best places to live in Wells Branch and in the areas around Wells Branch is a much easier task.
Wells Branch, TX receives 76/100 for its livability score; this results in a ranking of #81 in Texas and #2,617 in the USA. This is a terrific score, as Wells Branch ranks well in multiple categories! This city is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we see that Wells Branch ranks very well for cost of living (A+), education (B+), employment (B-) and housing (A+). The bad news for Wells Branch, there are some categories for which it does not rank well, this includes: amenities (D-).
When contemplating a move, job prospects often top the list of priorities. In Wells Branch, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.45% 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 Wells Branch 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.
Assuming that Wells Branch 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 Wells Branch. Everything else becomes a lot less important if it turns out that home prices in Wells Branch are simply unattainable. Median real estate prices in Wells Branch come in at $275,500, which is 93.1% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Wells Branch, the home price to income ratio is 4.9, which is 88.5% higher than the Texas 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