Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Located in the state of Arkansas, Siloam Springs is a mid-sized city with a population of 17,031 inhabitants. The majority of Siloam Springs residents report their race to be White; this is followed by American Indian and Alaskan and Asian. Siloam Springs could be a great place for young adults and students as the average age of 30 years old is below the nation’s average. If you're not a fan of traffic congestion and long commute times to work, Siloam Springs is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Are you trying to ascertain if living in Siloam Springs is the right fit for your lifestyle? To ensure a fulfilling 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. The best areas in Siloam Springs and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
Siloam Springs has a livability score of 71 out of 100 and is ranked #22 in Arkansas and #5,673 in the USA. For each of the livability categories, we see that Siloam Springs ranks very well for cost of living (A+) and housing (A+). There are some categories that Siloam Springs does not rank well for, including: amenities (F), crime (D-) and education (F). It might be worth taking a closer look to find out why.
The unemployment rate in Siloam Springs has consistently declined over the years and currently stands well below the national average at 2.51%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Siloam Springs apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Siloam Springs. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Siloam Springs are affordable. Median real estate prices in Siloam Springs come in at $153,400, which is 33.7% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Siloam Springs, the home price to income ratio is 3, which is 11.1% higher than the Arkansas average.
| Statistic | Siloam Springs | Arkansas | National |
| Average one way commute | 19min | 22min | 26min |
| Workers who drive to work | 81.8% | 82.7% | 76.4% |
| Workers who carpool | 9.6% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.9% | 0.2% | 0.6% |
| Workers who walk | 3.3% | 1.7% | 2.8% |
| Working from home | 4.2% | 3.2% | 4.6% |
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