The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
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.
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.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Gravette is a smaller city located in the state of Arkansas. The city has a population of 3,456 people. If we look at the most recent Census, Gravette is known to have a predominantly White population. The next two most common races are Black and Asian. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Gravette, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.
Are you trying to decide if living in Gravette is the right fit for your lifestyle? To ensure a good experience before moving 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. Using the livability score which includes data from categories like amenities, crime, education, employment, you can easily compare the best places to live in Gravette and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Gravette to Arkansas and the national average.
Gravette has a livability score of 70/100 and is ranked #25 in Arkansas and #6,104 in the USA. There are nine total categories that form the livability score. Gravette scores well for cost of living (A+) and housing (A+) On a less positive note, Gravette does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
The Gravette unemployment rate of 1.19% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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, Gravette has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Gravette is actually affordable. The median home price for Gravette homes is $122,700, which is 7% higher than the Arkansas average. If we take a closer look at the affordability of homes in Gravette, we’ll see that the home price to income ratio is 2.6, which is 3.7% lower than the Arkansas average.
Statistic | Gravette | Arkansas | National |
Average one way commute | 24min | 22min | 26min |
Workers who drive to work | 84.6% | 82.7% | 76.4% |
Workers who carpool | 10.0% | 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 | 1.8% | 1.7% | 2.8% |
Working from home | 3.4% | 3.2% | 4.6% |