The housing market plays a significant role in determining the cost of living in Trumann, AR.
When considering a move to Trumann, AR, with a population of , the demographic landscape reveals some insights. The median age of residents is , suggesting a mature community. A median income of indicates a modest economic environment, complemented by a poverty level of %. With married families constituting % of households, there is a solid family presence. Lastly, an unemployment rate of % points to stable job opportunities. Overall, while Trumann has some economic challenges, it fosters a close-knit community atmosphere.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Trumann, AR.
Living in Trumann, AR could entail higher utility costs. Electricity costs sit at 12.36, while natural gas is priced at 17.08 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Trumann, AR, consider the following factors: