Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Health & Safety
Subpar air quality and the limited availability of certain health-related facilities such as hospitals, police stations, doctors and pharmacies may have contributed to the low score in this category.
Walnut Ridge is a small city located in the state of Arkansas. The city has a population of 5,240 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Walnut Ridge could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Walnut Ridge offers shorter work commutes, with an average one-way commute time taking only 18 minutes, far lower than the national average of 26 minutes.
Are you trying to decide if living in Walnut Ridge is the right fit for your lifestyle? To ensure a positive 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. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like cost of living, commute, employment, you can easily compare the best places to live in Walnut Ridge and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Walnut Ridge to Arkansas and the national average.
Walnut Ridge, AR receives 59 out of 100 for its livability score; this results in a ranking of #254 in Arkansas and #19,185 in the USA. This is a lower than the US average livability score as Walnut Ridge does not rank well for most categories. If we dig a little deeper into each category within the livability score, we see that Walnut Ridge has higher than average scores for the following: crime (B-), cost of living (A+) and housing (A-). Regrettably for Walnut Ridge, there are some categories for which it does not rank well, this includes: amenities (F), education (F) and employment (D-).
Achieving a cost-effective lifestyle can be pivotal in managing your monthly expenditures, especially given the ongoing upward trajectory of everday goods and housing prices. In Walnut Ridge, residents are fortunate to experience a cost of living that is 20.92% below the national average. This advantageous positioning extends its impact to a wide spectrum of expenses, encompassing not only goods and services but also transportation and health care costs. As a result, this area stands out as a place where your money stretches further, ensuring that you can maintain a more economical and sustainable lifestyle. This affordability becomes increasingly valuable in an era marked by soaring costs, making Walnut Ridge an attractive choice for those seeking financial prudence without compromising on quality of life.
Finding affordable real estate and housing in Walnut Ridge can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Walnut Ridge is real estate affordability. Median real estate prices in Walnut Ridge come in at $148,306, which is 29% lower than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Walnut Ridge, the home price to income ratio is 2.1, which is 36.4% lower than the Arkansas average.
| Statistic | Walnut Ridge | Arkansas | National |
| Average one way commute | 18min | 22min | 26min |
| Workers who drive to work | 91.3% | 82.7% | 76.4% |
| Workers who carpool | 5.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.5% | 0.2% | 0.6% |
| Workers who walk | 1.1% | 1.7% | 2.8% |
| Working from home | 0.8% | 3.2% | 4.6% |
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