Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Gosnell, Arkansas is a small-sized city with a population of 3,188 residents. According to the most recent Census, 77% of Gosnell residents are White, 20% Black and 0% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Gosnell residents is 33. If you prefer shorter commutes, living in Gosnell will be a delight. With an average one-way commute time of just 21 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Are you trying to decide if living in Gosnell is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like crime, commute, housing and other key data points, finding the best places to live in Gosnell and in the areas around Gosnell is a much easier task.
Gosnell has a livability score of 64/100 and is ranked #125 in Arkansas and #12,539 in the USA. Based on the scores for each individual category, Gosnell has received high marks for cost of living (A+) and housing (B). There is at least one category that you should be aware of in Gosnell. The following was graded with a discouraging score: amenities (F), education (F) and employment (D).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Gosnell, the unemployment rate stands at 1.22%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Gosnell has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Gosnell 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 Gosnell. Everything else becomes a lot less important if it turns out that home prices in Gosnell are simply unattainable. The median home price for Gosnell homes is $86,000, which is 25% lower than the Arkansas average. If we take a closer look at the affordability of homes in Gosnell, we’ll see that the home price to income ratio is 2.1, which is 22.2% lower than the Arkansas average.
| Statistic | Gosnell | Arkansas | National |
| Average one way commute | 21min | 22min | 26min |
| Workers who drive to work | 88.1% | 82.7% | 76.4% |
| Workers who carpool | 7.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.0% | 1.7% | 2.8% |
| Working from home | 0.0% | 3.2% | 4.6% |
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