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

Is Mcgehee, Arkansas a good place to live?
Mcgehee is a city in Arkansas state in USA with a population of 3796 residents.. The poverty rate of Mcgehee is 34.5%, which is 146% higher than national average. The typical household in Mcgehee earns $27936 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 13 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62% 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 Mcgehee, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Mcgehee remained 6.7%, which is 43% 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 Mcgehee, only 16% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Mcgehee is 0, which is 100% lower than national average. Median home value in Mcgehee is $85400 , which is 63% lower than national average. While median income in Mcgehee remained $27936, which is 59% lower than national average.
Population
3796
Unemployment
6.7%
43% NAT AVG.
Poverty
34.5%
146% NAT AVG.
Overall Score
3
Median Home Cost
$85400
63% NAT AVG.
Median Income
$27936
59% NAT AVG.
Median Rent
$466
60% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 15
People Earning < $10,000
1 in 13
People Earning < $50,000
62%
People with <= High School
1 in 1.8
People With Any Degree
1 in 4.8
Pros & Cons Overview

Jobs40%

Housing30%

Affordability70%

Safety40%

Amenities60%

Diversity90%

Education50%

Commute90%