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.
Paris is a small city located in the state of Arkansas. The city has a population of 3,403 people. If we look at the most recent Census, Paris is known to have a predominantly White population. The next two most common races are Asian and Black. If you're not a fan of traffic congestion and long commute times to work, Paris is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 16 minutes, significantly lower than the national average of 26 minutes.
Are you trying to decide if living in Paris is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Paris and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
The livability score in Paris is 69 out of 100 and the city is ranked in the 74th percentile of all cities across America. There are nine total categories that create the livability score. Paris ranks well for housing (B+) There is at least one category that did not score well in Paris. The following was graded with a discouraging score: amenities (F), crime (D), education (D-) and employment (F).
The Paris unemployment rate of 2.43% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Paris 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.
Assuming that Paris 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 Paris. Everything else becomes a lot less important if it turns out that home prices in Paris are simply unattainable. The median home price for Paris homes is $91,800, which is 20% lower than the Arkansas average. If we take a closer look at the affordability of homes in Paris, we’ll see that the home price to income ratio is 2.4, which is 11.1% lower than the Arkansas average.
Statistic | Paris | Arkansas | National |
Average one way commute | 16min | 22min | 26min |
Workers who drive to work | 89.3% | 82.7% | 76.4% |
Workers who carpool | 2.9% | 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 | 5.8% | 1.7% | 2.8% |
Working from home | 0.0% | 3.2% | 4.6% |