Arkansas – Arkansas, a state rich in heritage and adorned with landmarks such as Hot Springs National Park, offers its residents an enchanting mix of picturesque landscapes, a wealth of cultural sights, and inviting communities. It is indeed an attractive choice for those considering a new place to settle.
Many charming towns and cities pepper the landscape of the Natural State, making the choice of a perfect place to reside a daunting task. To assist in this endeavor, 24/7 Wall St. has designed a weighted index comprised of more than two dozen distinct metrics. The index was employed to determine the most ideal location to live within each state, examining every borough, census-designated region, city, town, and village with a minimum population of 8,000 residents.
So, which location has earned the title of the best place to live in Arkansas? According to 24/7 Wall St., that honor goes to Batesville.
Positioned as the most populous city in Independence County, Batesville lies 80 miles northeast of the state capital, Little Rock. As per the 2020 Census data, the city boasts a population of 11,166.
What sets Batesville apart from many other locations across the nation is its unique combination of relative wealth and remarkable affordability. The city has garnered praise for its cost-effective living conditions, presenting its residents with an opportunity to lead expansive lifestyles—a prospect that is becoming increasingly elusive across the country.
Batesville’s median household income stands at $120,400, which is nearly double the national average of $70,000. This financial strength, coupled with a significantly lower cost of living, exemplifies the city’s allure. Homeowners in Batesville typically pay less than $1,000 per year in property taxes, which is less than half of what the average American homeowner is liable for. Furthermore, goods and services in Batesville are on average 16% cheaper than the national rate.
The city is not just about affordability and prosperity, it also possesses a vibrant cultural scene. Batesville is home to several historic landmarks and offers a plethora of attractions to cater to diverse interests. Whether you are an aficionado of antique stores, an art enthusiast, a film festival follower, or a motor speedway fan, Batesville has something to offer everyone, making it a stimulating and appealing place to call home.