Alma at a Glance
Population
5,837
Median Home Value
$178,300
Nat'l avg: $281,900
Median Rent
$802
Nat'l avg: $1,163
Median Income
$46,273
Nat'l avg: $74,580
Violent Crime
5.6 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Alma
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Best Neighborhoods
Top-rated neighborhoods in Alma ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Alma
Up & Coming Neighborhoods
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Young Professionals
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Best neighborhoods for retirees in Alma
Living In Guide
Complete guide to life in Alma — cost, safety, schools & more
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About Alma
Alma, Arkansas, a hidden gem nestled in the Ozark Mountains, offers a refreshingly affordable lifestyle, particularly appealing in this era of soaring costs. With a population just shy of 6,000, Alma boasts a tight-knit community feel, where neighbors know each other and the pace of life moves at a comfortable rhythm. Here, the median home value is a remarkably accessible $178,300, a stark contrast to the national median of approximately $350,000, making homeownership a realistic dream for many. This affordability extends beyond housing, contributing to a lower overall cost of living that allows residents to enjoy a higher quality of life. The town is known for its welcoming atmosphere, where the beauty of the surrounding natural landscapes is just a short drive away. From an investment and practical standpoint, Alma presents a compelling case. While the median household income of $46,273 is lower than the national average, the extremely low cost of living significantly offsets that difference, allowing residents to stretch their dollars further. The housing market is stable, with consistent demand driven by the town's affordability and quality of life. Alma is an excellent choice for first-time homebuyers, those seeking a peaceful retirement, or anyone looking to escape the high costs of city living without sacrificing access to essential amenities. The town's small size contributes to a low crime rate, and the community is known for its strong sense of neighborliness.