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

Is Waldron, Arkansas a good place to live?
Waldron is a city in Arkansas state in USA with a population of 3405 residents.. The poverty rate of Waldron is 26.2%, which is 87% higher than national average. The typical household in Waldron earns $27465 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 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 78.9% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Waldron are struggling financially. Nearly one in every 1 in every 9 workers in Waldron is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Waldron, only 73% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waldron remained 11%, which is 134% higher than national rate. Nearly 2 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 Waldron, only 7% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Waldron is 0, which is 100% lower than national average. Median home value in Waldron is $70200 , which is 69% lower than national average. While median income in Waldron remained $27465, which is 59% lower than national average.
Population
3405
Unemployment
11%
134% NAT AVG.
Poverty
26.2%
87% NAT AVG.
Overall Score
1
Median Home Cost
$70200
69% NAT AVG.
Median Income
$27465
59% NAT AVG.
Median Rent
$533
54% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 9
People Earning < $10,000
1 in 6
People Earning < $50,000
78.9%
People with <= High School
1 in 1.5
People With Any Degree
1 in 9.1
Pros & Cons Overview

Jobs30%

Housing30%

Affordability60%

Safety40%

Amenities60%

Diversity80%

Education30%

Commute100%