by Robert Borges on November 13, 2024
When considering the question, Is Arkansas a good place to live?, the answer often surprises people with a resounding "yes." Known as the Natural State, Arkansas offers a unique blend of natural beauty, affordability, and active, outdoor-oriented lifestyles. The state is home to stunning landscapes like the Ozark and Ouachita Mountains, the serene Buffalo National River, and even Crater of Diamonds State Park—America’s only public diamond mine. Arkansas’s appeal doesn’t end with its landscapes—its towns, vacation spots, and retirement communities make it a top choice for families, retirees, and active adults alike. Here’s a closer look at what makes Arkansas such an appealing place to call home.
Low Cost of Living
Arkansas is one of the most affordable states in the U.S., ranking second in the nation for cost of living. For families, active adults, and retirees looking to maximize their budgets, Arkansas offers significant savings on housing, transportation, utilities, healthcare, and daily necessities. Living in Arkansas costs around 8% less than the national average, which is a major perk for anyone considering a move here.
Tax Benefits
In addition to affordability, Arkansas is also known for its tax-friendly policies, especially for retirees. When wondering if Arkansas is a good place to live, consider that it has some of the lowest property tax rates in the country, at 0.57%. For retirees, Arkansas offers a Social Security income tax exemption and an additional $6,000 deduction on other retirement income sources, such as pensions and IRAs. These benefits add to Arkansas's appeal as a destination for retirement. Here is a quick breakdown of the taxes you’ll pay when living in Arkansas:
- Overall: The cost of living in Arkansas is 8% lower than the national average.
- Housing: 22% lower than the national average.
- Taxes:
- Income tax: Graduated rate ranging from 2 to 4.9%
- Property tax: .57 percent of a home’s assessed value (statewide average)
- Sales tax: 6.5%; up to an additional 6.125% for local rates
- No tax on Social Security benefits
Natural Beauty & Outdoor Recreation
For those who love the outdoors, Arkansas is a haven of recreational activities. With seven national parks, two mountain ranges, and 9,700 miles of rivers and streams, Arkansas is an outdoor paradise. The state features the rugged Ozark and Ouachita mountains, hundreds of thousands of acres of lakes, and thousands of campsites. Arkansas offers a perfect blend of mountains, rivers, forests, and farmland, making it an ideal spot for those who enjoy hiking, fishing, boating, and camping year-round.
Mild, Four-Season Climate
Arkansas enjoys a mild, four-season climate that allows for outdoor activities all year. In Little Rock, for example, average temperatures range from 40°F in January to 81°F in July, providing seasonal variation without extreme temperature swings. The southern regions tend to be more humid and warm, while the northern and mountainous areas are drier and cooler, making it an adaptable climate for a range of lifestyle preferences.
Top Active Adult Communities in Arkansas
For those considering a move to Arkansas, the state offers exceptional lifestyle communities that cater to families, singles, active adults, and retirees. Among Arkansas’s best-known master-planned communities is Hot Springs Village, the largest gated community in the U.S.
Hot Springs Village- Hot Springs Village, AR
Nestled within 26,000 acres of scenic land in Arkansas’s Ouachita Mountains, Hot Springs Village offers everything from peaceful lakes and lush forests to vibrant social hubs and diverse amenities. This gated community is only 20 minutes from Hot Springs and 45 minutes from Little Rock, making it a great location for those who want a small-town feel with access to city conveniences. Residents enjoy nine golf courses, a 13-court tennis center, a 14-court pickleball facility, 11 lakes with two beaches, over 30 miles of hiking trails, a fitness center, and a vibrant social scene with more than 200 clubs and organizations.
Closing: Explore Lifestyle Communities with PCR
So, is Arkansas a good place to live? From affordable living and tax advantages to stunning natural scenery and top-notch communities, Arkansas is undoubtedly an appealing choice for many. Whether you’re drawn to the great outdoors or the state’s affordability, Arkansas offers a lifestyle that many find attractive. If you're exploring options for a fresh start, discover more about Arkansas communities and lifestyle options across the country at PrivateCommunities.com, where you’ll find not only incredible Arkansas communities like Hot Springs Village but also affordable 55 plus communities in Florida and active adult communities throughout the U.S. designed to match a range of lifestyles.
