Winston-Salem is a large city located in the state of North Carolina. The city has a population of 238,474 residents. Individuals of White (57%) and Black or African American (35%) backgrounds make up a significant portion of the population of the city. Not a fan of sitting in traffic? One big advantage of living in Winston-Salem is the reasonable commute times to work. With an average one way commute time of 20 minutes, getting to work is faster than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the area before actually living in Winston-Salem, North Carolina. With useful information like crime, cost of living, weather, housing and other key data points, finding the best places to live in Winston-Salem and in the areas around Winston-Salem is a much easier task.
Using data and statistics Winston-Salem has received a livability score of 65 out of 100. This score is ranked in the 39th percentile when compared to all other cities. For each of the livability categories, we see that Winston-Salem ranks very well for amenities (A+). The bad news for Winston-Salem, there are some categories for which it does not score well, this includes: crime (F), education (F), employment (D-) and housing (D-).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Winston-Salem on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: Old Salem Museums & Gardens, Reynolda House Museum of American Art, and SciWorks.
Assuming that Winston-Salem meets all of your requirements, the next most important item to examine is the affordability of real estate in Winston-Salem. Everything else becomes a lot less important if it turns out that home prices in Winston-Salem are simply unattainable. The median home price for Winston-Salem homes is $142,400, which is 9.4% lower than the North Carolina average. If we take a closer look at the affordability of homes in Winston-Salem, we’ll see that the home price to income ratio is 3.5, which is 6.1% higher than the North Carolina average. Real estate appreciation rates in Winston-Salem are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Winston-Salem homes comes in at 5%, and the 5 year appreciation rates were 4.4%.