Is Alma, Arkansas a Good Place To Live? - Living In Alma, AR

Is Alma, Arkansas a good place to live?
Alma is a city in Arkansas state in USA with a population of 5816 residents.. The poverty rate of Alma is 28.1%, which is 101% higher than national average. The typical household in Alma earns $35352 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 15 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Alma, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Alma remained 6.9%, which is 47% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Alma, only 19% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Alma is 86, which is 14% lower than national average. Median home value in Alma is $145600 , which is 37% lower than national average. While median income in Alma remained $35352, which is 48% lower than national average.
Population
5816
Unemployment
6.9%
47% NAT AVG.
Poverty
28.1%
101% NAT AVG.
Overall Score
5
Median Home Cost
$145600
37% NAT AVG.
Median Income
$35352
48% NAT AVG.
Median Rent
$608
48% NAT AVG.
Cost Of Living
86
14% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 14
People Earning < $10,000
1 in 15
People Earning < $50,000
61.1%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.2
Pros & Cons Overview

Jobs40%

Housing50%

Affordability60%

Safety50%

Amenities70%

Diversity70%

Education60%

Commute85%