The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cabot is a moderately-sized city located in the state of Arkansas. The city has a population of 26,376 residents. According to the most recent Census, 89% of Cabot residents are White, 3% Black and 1% Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Cabot, your commute times will be about average, with a one way commute time of 28 minutes.
Living in Cabot can be a positive experience for anyone moving to the area. Having said that, in the state of Arkansas, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Finding the best places to live in Cabot and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, cost of living, health & safety, education and other important metrics.
Cabot has a livability score of 74 out of 100 and is ranked #9 in Arkansas and #3,961 in the USA. Based on the rankings for each individual category, Cabot has received high marks for amenities (B), cost of living (A-) and housing (A-). There are some categories that Cabot ranks poorly for, including: education (D). It might be worth taking a closer look to determine why.
Cabot has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that Cabot has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Cabot excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Cabot meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Cabot. Everything else becomes a lot less important if it turns out that home prices in Cabot are simply unattainable. The median home price for Cabot homes is $162,200, which is 41.4% higher than the Arkansas average. If we take a closer look at the affordability of homes in Cabot, we’ll see that the home price to income ratio is 2.7, which is 0% lower than the Arkansas average.
Statistic | Cabot | Arkansas | National |
Average one way commute | 28min | 22min | 26min |
Workers who drive to work | 85.8% | 82.7% | 76.4% |
Workers who carpool | 7.5% | 10.8% | 9.3% |
Workers who take public transit | 0.4% | 0.4% | 5.1% |
Workers who bicycle | 0.1% | 0.2% | 0.6% |
Workers who walk | 1.1% | 1.7% | 2.8% |
Working from home | 4.0% | 3.2% | 4.6% |