Located in the state of Arkansas, Russellville is a moderately-sized city with a population of 29,136 residents. The majority of Russellville residents report their race to be White; this is followed by Black and Asian. Russellville could be a great place for young adults and students as the average age of 28 years old is below the nation’s average. If you are looking for a family friendly city, Russellville might be a good fit as 70% of the population over 15 years old are married, and 60% have kids who are 18 years old or younger.
Are you trying to ascertain if living in Russellville is the right fit for your lifestyle? To ensure a good experience before moving 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 Russellville and in surrounding cities are easier to find when you are able to make informed decisions. Using data from 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.
Russellville has a livability score of 62/100 and is ranked #218 in Arkansas and #20,867 in the USA. For each of the livability categories, we know that Russellville ranks very well for amenities (A+) and cost of living (A). On a more negative note, Russellville does not have favorable ranks for the following: crime (F), education (F), employment (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 Russellville 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.
An affordable cost of living can help reduce your monthly expenses and knowing that housing prices continue to rise, most people will take all the help that they can get. Russellville benefits from a cost of living that is 20.36% less than the national average. This means that everything from goods and services to transportation costs will be lower than most other cities.
Russellville real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Russellville. Median real estate prices in Russellville come in at $130,800, which is 14% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Russellville, the home price to income ratio is 3.7, which is 37% higher than the Arkansas average. Year over year appreciation rates for homes in the Russellville area were 9.6% and the 5 year appreciation rates came in at 3.8%. 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.