Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Paragould, Arkansas is a mid-sized city with a population of 28,821 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, Paragould could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Paragould offers shorter work commutes, with an average one-way commute time taking only 20 minutes, far lower than the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a good experience if you are willing to get to know the area before actually living in Paragould, 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. To help you find the best places to live in and around Paragould, AreaVibes has created a livability score using key metrics like amenities, health & safety, housing and more.
Paragould has a livability score of 61/100 and is ranked #169 in Arkansas and #15,283 in the USA. Based on the scores for each individual category, Paragould has received high marks for cost of living (A+) and housing (A). There is at least one category that you should be aware of in Paragould. The following was graded with a discouraging score: amenities (F), crime (F) and employment (D-).
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, Paragould has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Paragould real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Paragould. Median real estate prices in Paragould come in at $137,400, which is 19.8% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Paragould, the home price to income ratio is 2.9, which is 7.4% higher than the Arkansas average.
Statistic | Paragould | Arkansas | National |
Average one way commute | 20min | 22min | 26min |
Workers who drive to work | 83.3% | 82.7% | 76.4% |
Workers who carpool | 11.3% | 10.8% | 9.3% |
Workers who take public transit | 0.2% | 0.4% | 5.1% |
Workers who bicycle | 0.0% | 0.2% | 0.6% |
Workers who walk | 2.4% | 1.7% | 2.8% |
Working from home | 2.4% | 3.2% | 4.6% |