Cabot, Arkansas is a medium-sized city with a population of 25,407 people. At 92%, the majority of the Cabot population is White; this is followed by 2% Asian and 1% Black. If you are looking for a family friendly city, Cabot might be a good fit as 75% of the population over 15 years old are married, and 46% have kids who are 18 years old or younger.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Cabot could be a positive experience compared to other cities in Arkansas if you know where to search. To help you find the best places to live in and around Cabot, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, employment, housing and more.
The livability score in Cabot is 68 out of 100 and the city is ranked in the 52nd percentile of all cities across America. For each of the livability categories, we can establish that Cabot ranks very well for amenities (B-), crime (B) and cost of living (B-). Regrettably for Cabot, there are some categories for which it does not score well, this includes: education (F) and housing (F).
Being close to public transportation, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Cabot. 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 Cabot are affordable. Median real estate prices in Cabot come in at $145,900, which is 27.2% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Cabot, the home price to income ratio is 2.5, which is 7.4% lower than the Arkansas average. Year over year appreciation rates for homes in the Cabot area were 10.5% and the 5 year appreciation rates came in at 1.4%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.