What is the median home price in Marion?

The median home price in Marion, Marion city, Arkansas is $187,300, which is 34% below the national average of 281,900 ($281,900).

Marion, Marion city, Arkansas has a violent crime rate of 5.6 per 1,000 residents, which is 56% above the national average. The national average is 3.6 per 1,000 residents. The property crime rate is 25.1 per 1,000 residents.

What is the Walk Score for Marion?

Marion, Marion city, Arkansas has a Walk Score of 2 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Marion?

The median household income in Marion, Marion city, Arkansas is $77,350, which is 4% above the national average of 74,580 ($74,580).

What is the average rent in Marion?

The median rent in Marion, Marion city, Arkansas is $769 per month. The national average median rent is $1,163/month.

What is the air quality in Marion?

Marion, Marion city, Arkansas has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Marion?

The population of Marion, Marion city, Arkansas is approximately 13,635. The homeownership rate is 77.0% (national average: 65.9%).

What are the climate risks in Marion?

Marion, Marion city, Arkansas has an overall climate risk rating of "Relatively Moderate" with a risk score of 79.29. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Marion affordable?

Marion, Marion city, Arkansas has an affordability index of 208, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 12.3¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Marion?

The unemployment rate in Marion, Marion city, Arkansas is 5.6%. The national average unemployment rate is 3.7%. The poverty rate is 7.8% (national average: 12.4%).

Marion

Marion city, Arkansas

Affordable

About Marion

Marion, Arkansas, is a gem for those seeking affordability without sacrificing quality of life. Imagine a place where your housing costs are significantly lower than the national average, with a median home value of just $187,300, a steal compared to the $350,000 you'd find across the US. This translates to more financial freedom, allowing you to enjoy the laid-back Southern lifestyle. The median household income here is a healthy $77,350, suggesting a comfortable standard of living. This community of 13,635 people offers a friendly atmosphere and a slower pace of life, perfect for families, retirees, or anyone looking to escape the hustle and bustle of city living.

From an investment perspective, Marion presents a compelling case. The lower home values coupled with a solid median income create a stable real estate market. While specific unemployment figures aren't available, the healthy local economy and the proximity to Memphis, Tennessee, provide ample job opportunities. Safety is a priority in Marion, and the community is known for its welcoming environment. This area is ideally suited for first-time homebuyers, those seeking a more affordable retirement, or anyone looking for a friendly, safe place to raise a family.

Marion, Arkansas at a Glance

Marion is a city in Marion city, Arkansas with a population of approximately 13,635. The median home value is $187,300 and the median household income is $77,350. It has a Walk Score of 2 out of 100, indicating car dependency. The violent crime rate is 5.6 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $769 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.