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

Is Magnolia, Arkansas a good place to live?
Magnolia is a city in Arkansas state in USA with a population of 11537 residents.. The poverty rate of Magnolia is 26.6%, which is 90% higher than national average. The typical household in Magnolia earns $34107 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 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 64.3% 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 Magnolia, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Magnolia remained 5.4%, which is 15% 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 Magnolia, only 23% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Magnolia is 83, which is 17% lower than national average. Median home value in Magnolia is $93800 , which is 59% lower than national average. While median income in Magnolia remained $34107, which is 49% lower than national average.
Population
11537
Unemployment
5.4%
15% NAT AVG.
Poverty
26.6%
90% NAT AVG.
Overall Score
3
Median Home Cost
$93800
59% NAT AVG.
Median Income
$34107
49% NAT AVG.
Median Rent
$710
39% NAT AVG.
Cost Of Living
83
17% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 19
People Earning < $10,000
1 in 7
People Earning < $50,000
64.3%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3.7
Pros & Cons Overview

Jobs50%

Housing50%

Affordability60%

Safety40%

Amenities80%

Diversity90%

Education60%

Commute100%