Fayetteville is a mid-sized city located in the state of Arkansas. The city has a population of 80,552 residents. According to the most recent Census, 82% of Fayetteville residents are White, 6% Black and 3% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Fayetteville residents is 27. Fayetteville is known to be family friendly as more than 73% of the population has already tied the knot. It might also be worth noting that 57% of residents also have children under the age of 18.
Are you trying to decide if living in Fayetteville is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. The best areas in Fayetteville and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
With a livability score of 70/100, Fayetteville is ranked #10,594 in the United States and #55 in Arkansas. If we explore each of the categories on their own, we see that Fayetteville ranks well for amenities (A+). Regrettably for Fayetteville, there are some categories for which it does not score well, this includes: crime (F) and housing (D).
Conveniently located amenities and interesting attractions are a great way to continuously enjoy Fayetteville 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: Clinton House Museum, TheatreSquared, and Arkansas Air Museum.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Fayetteville is real estate affordability. The median home price for Fayetteville homes is $186,200, which is 62.3% higher than the Arkansas average. If we take a closer look at the affordability of homes in Fayetteville, we’ll see that the home price to income ratio is 4.7, which is 74.1% 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 Fayetteville area were 9.4% and 5 year appreciation rates were 4.5%.