Springdale is a medium-sized city located in the state of Arkansas. The city has a population of 76,188 people. More than a quarter of the residents of Springdale identify themselves as Hispanic or Latino, and 30% of the population speak Spanish as their primary or secondary language. Springdale could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. Springdale has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 72% of the population is classified as married and 43% have kids.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the city before actually living in Springdale, Arkansas. With useful information like amenities, crime, cost of living, employment and other key data points, finding the best places to live in Springdale and in the areas around Springdale is a much easier task.
Springdale, AR receives 68/100 for its livability score; this results in a ranking of #93 in Arkansas and #13,480 in the USA. If we probe a little deeper into each category within the livability score, we see that Springdale has higher than average rankings for the following: amenities (A+), cost of living (B) and housing (B+). On a less positive note, Springdale does not have favorable scores for the following: crime (F), education (F) and employment (D). If we take a look at the data, we can find out why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Springdale, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Arvest Ballpark, Arkansas Missouri Railroad, and Shiloh Museum of Ozark History.
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 Springdale 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 Springdale. 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 Springdale are affordable. Median real estate prices in Springdale come in at $140,100, which is 22.1% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Springdale, the home price to income ratio is 3.1, which is 14.8% higher than the Arkansas average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Springdale were 7.5%, and the 5 year appreciation rates came in at 6.5%.