Little Rock is a mid-sized city located in the state of Arkansas. The city has a population of 197,640 inhabitants. Individuals of White (51%) and Black or African American (42%) backgrounds make up a significant portion of the population of the city. Not a fan of sitting in traffic? One big advantage of living in Little Rock is the reasonable commute times to work. With an average one way commute time of 19 minutes, getting to work is faster than the national average of 26 minutes.
Living in Little Rock can be a good experience for anyone relocating to the area. Having said that, in the state of Arkansas, there are many desirable places to live, so choose wisely! The best areas in Little Rock and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, weather, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
Using data and statistics Little Rock has received a livability score of 61/100. This score is ranked in the 21st percentile when compared to all other cities. Based on the rankings for each individual category, Little Rock has received high marks for amenities (A+) and weather (B-). On a more negative note, Little Rock does not have favorable ranks for the following: crime (F), education (F) and housing (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Little Rock on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops. Some of the interesting things to do and attractions include: William J. Clinton Presidential Library, River Market District, and River Market District.
The Little Rock unemployment rate (0.64%) has continued to decrease over the years and is now well below the national average. Finding a new job in the area might just be easier than you thought!
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 available, most people will need to know if the real estate in Little Rock is actually affordable. Median real estate prices in Little Rock come in at $154,700, which is 34.9% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Little Rock, the home price to income ratio is 3.3, which is 22.2% higher than the Arkansas average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Little Rock area were 1.5% and 5 year appreciation rates were 2.7%.