Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Elkins, Arkansas is a small city with a population of 3,283 people. At 87%, the majority of the Elkins population is White; this is followed by 1% American Indian and Alaskan and 0% Black. Elkins tends to attract a younger crowd, as the median age of 33 is far below the national average. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Elkins, your commute times will be about average, with a one way commute time of 26 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the area before actually living in Elkins, Arkansas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like commute, health & safety, housing and other key data points, finding the best places to live in Elkins and in the areas around Elkins is a much easier task.
Elkins has a livability score of 61/100 and is ranked #194 in Arkansas and #16,148 in the USA. If we dig down a little deeper into each category within the livability score, we see that Elkins has higher than average grades for the following: crime (A), cost of living (A+) and housing (A+). Elkins does not rank well for the following: amenities (F) and education (F). It might be wise to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Elkins, the unemployment rate stands at 2.74%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Elkins has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Elkins 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 Elkins. Everything else becomes a lot less important if it turns out that home prices in Elkins are simply unattainable. The median home price for Elkins homes is $144,700, which is 26.2% higher than the Arkansas average. If we take a closer look at the affordability of homes in Elkins, we’ll see that the home price to income ratio is 2.3, which is 14.8% lower than the Arkansas average.
| Statistic | Elkins | Arkansas | National |
| Average one way commute | 26min | 22min | 26min |
| Workers who drive to work | 84.6% | 82.7% | 76.4% |
| Workers who carpool | 8.6% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.7% | 2.8% |
| Working from home | 6.8% | 3.2% | 4.6% |
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