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

Is El Dorado, Arkansas a good place to live?
El Dorado is a city in Arkansas state in USA with a population of 17826 residents.. The poverty rate of El Dorado is 25.5%, which is 82% higher than national average. The typical household in El Dorado earns $43409 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 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57.1% 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 El Dorado, only 84% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of El Dorado remained 4.7%, which is 0% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In El Dorado, only 22% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in El Dorado is 79, which is 21% lower than national average. Median home value in El Dorado is $92100 , which is 60% lower than national average. While median income in El Dorado remained $43409, which is 36% lower than national average.
Population
17826
Unemployment
4.7%
0% NAT AVG.
Poverty
25.5%
82% NAT AVG.
Overall Score
3
Median Home Cost
$92100
60% NAT AVG.
Median Income
$43409
36% NAT AVG.
Median Rent
$720
38% NAT AVG.
Cost Of Living
79
21% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 21
People Earning < $10,000
1 in 10
People Earning < $50,000
57.1%
People with <= High School
1 in 2.1
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs60%

Housing50%

Affordability80%

Safety30%

Amenities80%

Diversity90%

Education60%

Commute95%