Bentonville, Arkansas is a moderately-sized city with a population of 42,499 inhabitants. The majority of Bentonville residents report their race to be White; this is followed by Asian and Black. With an average age of 33 years old, Bentonville could be a great place to live for young adults as this age is well below the national average. 81% of the people in Bentonville (over the age of 15) are married and 42% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the city before actually living in Bentonville, Arkansas. Finding the best places to live in Bentonville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, weather, education, housing and other important metrics.
The livability score in Bentonville is 86/100 and the city is ranked in the 99th percentile of all cities across America. Compared to the United States average, Bentonville ranks among some of the best places to live in the country! Bentonville has also earned the rare honor of ranking in the top 10 percentile among all cities. If we examine each of the categories on their own, we see that Bentonville ranks well for amenities (A+), crime (A), employment (B-) and housing (A+).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Bentonville, there is no shortage of amazing local amenities and interesting things to do. Some of the notable things to do include: Crystal Bridges Museum of American Art, Walmart Visitor Center, and Museum of Native American History.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Bentonville gets top scores for their low violent crime rates of 140 crimes per 100,000 residents, which are significantly lower than the national average.
For buyers, real estate will be the largest purchase they ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Bentonville apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city.
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Bentonville. 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 Bentonville are affordable. Median real estate prices in Bentonville come in at $184,800, which is 61.1% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Bentonville, the home price to income ratio is 2.4, which is 11.1% lower than the Arkansas average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Bentonville will offer some insight into determining if your home purchase will be a solid investment for years to come. In Bentonville, the year-over-year appreciation rates were 5.3%, and the 5 year appreciation rates came in at 7.9%.