Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Schools
The low schools score might be a result of factors like lower than average education levels, lackluster reading and math scores and the inaccessibility of local elementary and high schools.
Shannon Hills is a smaller city located in the state of Arkansas. The city has a population of 3,914 inhabitants. Shannon Hills is mostly populated by White (55%) and Black or African American (42%) ethnic groups. 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 Shannon Hills, your commute times will be about average, with a one way commute time of 25 minutes.
Are you trying to ascertain if living in Shannon Hills is the right fit for your lifestyle? To ensure a fulfilling 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. Using the livability score which includes data from categories like amenities, cost of living, commute, education, employment, you can easily compare the best places to live in Shannon Hills and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Shannon Hills to Arkansas and the national average.
Shannon Hills has a livability score of 61 out of 100 and is ranked #179 in Arkansas and #15,533 in the USA. Based on the rankings for each individual category, Shannon Hills has been rewarded with high marks for cost of living (A-), employment (B-) and housing (A+). On a more negative note, Shannon Hills does not have favorable ranks for the following: amenities (F), crime (D) and education (F). If we take a look at the data, we can find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Shannon Hills, the unemployment rate stands at 2.64%, 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 robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Shannon Hills excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Shannon Hills. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Shannon Hills are affordable. Median real estate prices in Shannon Hills come in at $139,400, which is 21.5% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Shannon Hills, the home price to income ratio is 2.1, which is 22.2% lower than the Arkansas average.
| Statistic | Shannon Hills | Arkansas | National |
| Average one way commute | 25min | 22min | 26min |
| Workers who drive to work | 85.1% | 82.7% | 76.4% |
| Workers who carpool | 11.6% | 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 | 2.2% | 1.7% | 2.8% |
| Working from home | 0.0% | 3.2% | 4.6% |
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