Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
Located in the state of Arkansas, El Dorado is a medium-sized city with a population of 18,461 inhabitants. Individuals of White (49%) and Black or African American (48%) backgrounds make up a significant portion of the population of the city. El Dorado is not known to have a high population (over 15 years old) of married people. At only 50% married, this city falls well below the national average. If you're not a fan of traffic congestion and long commute times to work, El Dorado is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 16 minutes, significantly lower than the national average of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in El Dorado, Arkansas could be a fulfilling experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. With useful information like amenities, crime, commute, employment and other key data points, finding the best places to live in El Dorado and in the areas around El Dorado is a much easier task.
El Dorado, AR receives 70/100 for its livability score; this results in a ranking of #44 in Arkansas and #7,178 in the USA. If we examine each of the categories on their own, we see that El Dorado ranks well for housing (A+). On a more negative note, El Dorado does not have favorable grades for the following: amenities (F), crime (F), education (D) and employment (D). If we take a look at the data, we can find out why.
The El Dorado unemployment rate of 2.7% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their El Dorado 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. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that El Dorado meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in El Dorado. Everything else becomes a lot less important if it turns out that home prices in El Dorado are simply unattainable. The median home price for El Dorado homes is $163,577, which is 21.7% lower than the Arkansas average. If we take a closer look at the affordability of homes in El Dorado, we’ll see that the home price to income ratio is 2.6, which is 21.2% lower than the Arkansas average.
| Statistic | El Dorado | Arkansas | National |
| Average one way commute | 16min | 22min | 26min |
| Workers who drive to work | 87.1% | 82.7% | 76.4% |
| Workers who carpool | 5.6% | 10.8% | 9.3% |
| Workers who take public transit | 0.4% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 2.4% | 1.7% | 2.8% |
| Working from home | 3.8% | 3.2% | 4.6% |
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