15 Best Places To Retire In Arkansas

Published on March 19, 2024 at 5:52 pm by Rabia Mazhar in Lists, News, Retirement

This article takes a look at the 15 best places to retire in Arkansas. If you wish to skip our detailed analysis on navigating retirement living in the US, you may go to 5 Best Places to Retire in Arkansas.

What is the ‘Best’ in Retirement?

In retirement, finding the best option can often be difficult. According to a HireAHelper report, over 338,000 Americans moved for retirement in 2023. Similarly, the Social Security Administration states that by 2021, at least 450,000 American citizens had settled on an overseas retirement destination. Both of these figures depict dissatisfaction with present circumstances and an urge to change them, either through interstate travel or crossing international borders.

While many retirees do make the move overseas, this is not an option in everyone’s reach. Straight off the bat, a foreign relocation costs serious money – in excess of $10,000, reports BuzzFeed, Inc. (NASDAQ:BZFD) affiliated HuffPost. Of course, some retirees do manage to bring down this figure by finding the most affordable places to retire in the world, but this often means restricted retirement destinations and potentially skipping out on some amenities.

Others still are bound by familial responsibilities – Bloomberg reports that as much as 50% of the US young adult population still lives at home with their parents. Not only does this put an overseas retirement out of the question, but it also piles a greater financial burden on the parent generation, often forcing them to adjust their retirement plans accordingly. In fact, many of the Americans who continue to financially support their adult children often do not possess the $10,000 retirement relocation investment that BuzzFeed, Inc. (NASDAQ:BZFD) talks about in their publication.

As a result, American retirees have increasingly been turning to an interstate migration trend. Here, there are certain patterns – retirees look at factors such as cost of living, weather, healthcare, and more when making their decision. While not appearing in the top rankings for states that attract retirees, Arkansas still holds a solid place for those contemplating a move.

Making Arkansas Your Forever Home

On the face of it, Arkansas may not seem like the best retirement choice. After all, it doesn’t hold the glamour of popular retirement states such as Florida and Colorado. However, take a second look and there’s much more to see.

For instance, our study on the best states to live in after retirement puts Arkansas at number 14. The state exempts Social Security income from taxation, whereas other forms of retirement income are partially taxed with a $6,000 deduction allowed to senior citizens. Property taxes are also among the lowest in the US at just 0.57%.

As for real estate, Arkansas continues to be favorable. Redfin Corp (NASDAQ:RDFN) puts the median house price for Arkansas at $238,900 – over $140,000 cheaper than the US median. For senior citizens who plan to purchase their forever home during retirement, this makes the road financially easier. Zillow Group, Inc. (NASDAQ:Z) also presents a positive outlook for retirees looking to rent. The average monthly price for one-bedroom rentals sits at a low $800, especially helpful for retirees on Social Security . In fact, Arkansas also accommodates senior citizens with even smaller monthly budgets – Zillow Group, Inc. (NASDAQ:Z) lists rentals as low as $450.

To facilitate present and potential retirees in navigating the move to Arkansas state, we have compiled a list of the 15 best places to retire in Arkansas.

Methodology

To compile this list of the 15 best places to retire in Arkansas, we generated an exhaustive list of places in Arkansas recommended by several sources on the Internet, our own list of cities to retire on $2,000 a month, as well as from forums such as Reddit and Quora. Once a list of places was compiled using these sources, we then ranked them across multiple factors, namely, their cost of living, their livability scores, and their median house price. For this article, livability scores were taken from Area Vibes, and median house prices were taken from Redfin Corp (NASDAQ:RDFN). To ensure that the recommended places were of a suitable living standard, we removed any places with a livability score of below 60. A cumulative score was then assigned to each place, with the 15 highest-scoring places making our list of the 15 best places to retire in Arkansas.

For places that gained an equal score, their cost of living index was used as a tie-breaker. The resulting list is presented in ascending order, with the highest-ranked place being presented last. It is important to remember that personal preference plays a big part. The best course of action is to visit the place you plan to move to, converse with locals, take advice from a financial consultant, and only then make your final decision.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or a professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Here are the 15 best places to retire in Arkansas:

15. Paragould

Insider Monkey Score: 51

Cost of Living Index: 73.2

Livability Score: 63

Median House Price: $156,950

Up first on our list of best places to retire in Arkansas is Paragould. Located in Greene County in Northeastern Arkansas, the city is a welcome retreat for the financially-conscious retiree. With the cost of living 26.8% lower than the national average, Paragould is facilitating for both types of retirees – those who have a smaller amount in the bank and those who want to minimize spending on the essentials to finance other retirement-time adventures.

14. Van Buren

Insider Monkey Score: 52

Cost of Living Index: 76.6

Livability Score: 67

Median House Price: $162,000

If collectibles, original art, crafts, and antiques sound like your cup of tea, then Van Buren may just prove to be your perfect retirement destination. This Crawford County city is known as the go-to spot for all artsy finds, giving residents plenty of variety to choose from. Add its low cost of living and affordable median house price to the mix, and you have your very own retirement jackpot.

13. Searcy

Insider Monkey Score: 53

Cost of Living Index: 75.1

Livability Score: 69

Median House Price: $179,900

Searcy is our next pick, and it’s one of the best places to retire in Arkansas for retirees. Senior citizens can visit the Searcy Art Gallery, catch a show at the Rialto Theater, and enjoy a day of golfing at the River Oaks Golf Club.

12. Mountain Home

Insider Monkey Score: 53

Cost of Living Index: 74.5

Livability Score: 69

Median House Price: $206,000

Set in the Southern Ozark Mountains, Mountain Home offers residents captivating views that are enough to push anyone to move. Surrounded by several natural wonders, including lakes, parks, and hiking trails, Mountain Home is the ideal location for the outdoors-loving retiree. Plus its low cost of living acts as the cherry on top.

11. Little Rock

Insider Monkey Score: 55

Cost of Living Index: 80.7

Livability Score: 72

Median House Price: $206,800

Our next pick is the capital of Arkansas, Little Rock. Set on the Arkansas River, the city hosts many historic buildings and exhibits, including the William J. Clinton Presidential Library and Museum, the Old State House Museum, and the Arkansas Arts Center. With a bustling city life that still manages to maintain a low cost of living, Little Rock is one of the best places to live in Arkansas.

10. Highland

Insider Monkey Score: 58

Cost of Living Index: 70.7

Livability Score: 62

Median House Price: $117,000

A small city, Highland’s population sits at just over 1,000 residents according to the latest United States Census. This makes it the perfect retirement place for senior citizens who may want to lead a quiet, laid-back, and peaceful life during their Golden Years. Retirees can also find activities to busy themselves with, such as visiting the local cinema or exploring dining options.

9. Batesville

Insider Monkey Score: 61

Cost of Living Index: 71.3

Livability Score: 71

Median House Price: $233,500

A college town, Batesville is a great choice for senior citizens who may want to live with family during their retirement period. As one of the best places to retire in Arkansas for families, Batesville offers a low cost of living, a low median house price, and an overall high standard of living – a win-win situation all around.

8. Harrison

Insider Monkey Score: 63

Cost of Living Index: 73.7

Livability Score: 71

Median House Price: $180,000

With a suburban feel, Harrison is an attractive location for many retirees. It offers a low cost of living, a median house price that is over $200,000 lower than the national median, and a high livability score that is a testament to Harrison’s quality of life. Retirees can keep themselves entertained with the Junk-Shun Barn Flea Market, the Boone County Heritage Museum, and the Buckets Sports Bar & Grill – to name a few.

7. Magnolia

Insider Monkey Score: 65

Cost of Living Index: 68.7

Livability Score: 65

Median House Price: $127,500

Up next is Magnolia – one of the cheapest places to retire in Arkansas and among the most affordable on our list. However, Magnolia’s budgeted lifestyle carries plenty of entertainment for senior citizens planning an active retirement. The city is home to the Magnolia Blossom Festival and also boasts the World’s Largest Charcoal Grill.

6. Prescott

Insider Monkey Score: 66

Cost of Living Index: 70.9

Livability Score: 65

Median House Price: $86,000

Prescott’s place on our list is self-explanatory. With a median house price of just $86,000, the city is a great find for retirees who are looking to purchase their retirement forever home. Prescott is also known for its historic sites, including the Prairie D’Ane Battlefield.

Click to continue reading and see the 5 Best Places to Retire in Arkansas.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Published on May 1, 2024 at by Inan Dogan, PhD

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

Published on May 2, 2024 at by Insider Monkey Staff

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

Insider Monkey Ads

Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Log In

Sign Up