Your Guide To Buying a Home in Arkansas
Arkansas is a state that blurs traditional lines between the Midwest and South, which allows its 3 million residents to get the best of both worlds. From the mighty waters of the Mississippi River to the business hotspots of Bentonville and Little Rock, Arkansas truly has it all. Here are a few reasons why you might want to think about the “Natural State” for your new home.
Cost of Living
Living in Arkansas costs well below the national average, which means you’ll be able to stretch your income further than other states. The state’s median home value is $126,000, which is nearly $100,000 below the nationwide figure. Residents can also expect to pay affordable rates for everything from groceries and utilities to healthcare.
It takes a lot to live up to a nickname like the “Natural State,” but Arkansas manages to pull it off with breathtaking scenery around every corner. While it isn’t one of the largest states in the union, it still boasts an impressive lineup of outdoor areas including one national park, 3 national forests, and more than 50 different state parks. No matter if you’re interested in hiking, fishing, hunting, boating or simply being one with nature, Arkansas has something for you.
Plenty of Space
If you’re tired of running into overwhelming crowds everywhere you go, Arkansas can give you a much-needed respite. Despite a population of more than 3 million, the state has enough room to spread everyone out to the tune of 57 citizens per square mile. You won’t have to go far to find your neighbors, but there’s no reason to not have a little bit of breathing space. A lower population density also means much lighter traffic, so you’ll spend less time-fighting gridlock and more with your family.
Arkansas is one of the more affordable states for businesses, which is why it is home to several large corporations. Industries in the state run the gamut from retail and food processing to forestry and manufacturing. With so many companies planting roots in Arkansas, residents enjoy a relatively low unemployment rate.
Some states might be too hot while others are too cold, but Arkansas is perfectly positioned to provide a climactic “Goldilocks” experience that’s just right. While you’ll still experience everything you’d expect out of all four seasons, temperatures rarely venture into extreme territories. You might have to shovel snow occasionally or turn the air conditioning on during the summer, but these experiences are usually short-lived.