Is Forrest City, Arkansas a Good Place To Live? - Living In Forrest City, AR
Is Forrest City, Arkansas a good place to live?
Forrest City is a city in Arkansas state in USA with a population of 14062 residents..
The poverty rate of Forrest City is 33.1%, which is 136% higher than national average.
The typical household in Forrest City earns $33062 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 70.5% 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 Forrest City, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Forrest City 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 Forrest City, only 10% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Forrest City is 76, which is 24% lower than national average. Median home value in Forrest City is $67500 , which is 71% lower than national average. While median income in Forrest City remained $33062, which is 51% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Forrest City, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Forrest City 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 Forrest City, only 10% of adults have a bachelor's degree and 34% have some college but no degree.
Cost of living in Forrest City is 76, which is 24% lower than national average. Median home value in Forrest City is $67500 , which is 71% lower than national average. While median income in Forrest City remained $33062, which is 51% lower than national average.
Population
14062
Unemployment
6.9%
Poverty
33.1%
Overall Score
1
Median Home Cost
$67500
71%
NAT AVG.
Median Income
$33062
51%
NAT AVG.
Median Rent
$703
39%
NAT AVG.
Cost Of Living
76
24%
NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 14
People Earning < $10,000
1 in 7
People Earning < $50,000
70.5%
People with <= High School
1 in 1.8
People With Any Degree
1 in 5.9
Pros & Cons Overview
Jobs40%
Housing40%
Affordability70%
Safety30%
Amenities80%
Diversity85%
Education40%
Commute100%
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