Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.
The combination of low income levels and high unemployment rates contributes to a low score in the employment category, which could make it challenging to secure well-paying jobs.
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Malvern, Arkansas is a mid-sized city with a population of 10,886 people. If you prefer shorter commutes, living in Malvern will be a delight. With an average one-way commute time of just 18 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Malvern could be a positive experience compared to other cities in Arkansas 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, employment and other key data points, finding the best places to live in Malvern and in the areas around Malvern is a much easier task.
The livability score in Malvern is 58 out of 100 and the city is ranked in the 33rd percentile of all cities across America. Compared to the national average, this city has a score which ranks among the lowest in the nation, and it is not considered a very livable city. If we probe a little deeper into each category within the livability score, we see that Malvern has higher than average grades for the following: cost of living (A+) and housing (A). On a less positive note, Malvern does not have favorable grades for the following: amenities (F), crime (F), education (F) and employment (F). If we take a look at the data, we can find out why.
Finding affordable real estate and housing in Malvern can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Malvern is actually affordable. The median home price for Malvern homes is $89,300, which is 22.1% lower than the Arkansas average. If we take a closer look at the affordability of homes in Malvern, we’ll see that the home price to income ratio is 2.5, which is 7.4% lower than the Arkansas average.
Statistic | Malvern | Arkansas | National |
Average one way commute | 18min | 22min | 26min |
Workers who drive to work | 85.8% | 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 | 5.2% | 1.7% | 2.8% |
Working from home | 0.4% | 3.2% | 4.6% |