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.
Population
14062
Unemployment
6.9%
47% NAT AVG.
Poverty
33.1%
136% NAT AVG.
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%