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

Is Booneville, Arkansas a good place to live?
Booneville is a city in Arkansas state in USA with a population of 3841 residents.. The poverty rate of Booneville is 30.3%, which is 116% higher than national average. The typical household in Booneville earns $36372 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 12 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.9% 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 Booneville, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Booneville remained 6.6%, which is 40% 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 Booneville, only 12% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Booneville is 0, which is 100% lower than national average. Median home value in Booneville is $83300 , which is 64% lower than national average. While median income in Booneville remained $36372, which is 46% lower than national average.
Population
3841
Unemployment
6.6%
40% NAT AVG.
Poverty
30.3%
116% NAT AVG.
Overall Score
4
Median Home Cost
$83300
64% NAT AVG.
Median Income
$36372
46% NAT AVG.
Median Rent
$533
54% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 15
People Earning < $10,000
1 in 12
People Earning < $50,000
71.9%
People with <= High School
1 in 1.6
People With Any Degree
1 in 5.3
Pros & Cons Overview

Jobs50%

Housing30%

Affordability85%

Safety40%

Amenities70%

Diversity60%

Education40%

Commute85%