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.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
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.
Located in the state of Arkansas, Walnut Ridge is a small city with a population of 5,104 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Walnut Ridge could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Walnut Ridge offers shorter work commutes, with an average one-way commute time taking only 18 minutes, far lower than the national average of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Walnut Ridge 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. Using the livability score which includes data from categories like amenities, cost of living, commute, education, you can easily compare the best places to live in Walnut Ridge and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Walnut Ridge to Arkansas and the national average.
Using data and statistics Walnut Ridge has received a livability score of 56 out of 100. This score is ranked in the 25th percentile when compared to all other cities. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Walnut Ridge may not be a pleasant experience. There are nine total categories that form the livability score. Walnut Ridge ranks well for cost of living (A+) and housing (B) The bad news for Walnut Ridge, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (D-).
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Walnut Ridge market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
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 Walnut Ridge is actually affordable. Median real estate prices in Walnut Ridge come in at $80,700, which is 29.6% lower than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Walnut Ridge, the home price to income ratio is 1.7, which is 37% lower than the Arkansas average.
| Statistic | Walnut Ridge | Arkansas | National |
| Average one way commute | 18min | 22min | 26min |
| Workers who drive to work | 91.3% | 82.7% | 76.4% |
| Workers who carpool | 5.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.5% | 0.2% | 0.6% |
| Workers who walk | 1.1% | 1.7% | 2.8% |
| Working from home | 0.8% | 3.2% | 4.6% |
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