The study said Arkansas has the 5th worst property crime rate and the 5th worst life expectancy rate in the country. It also ranked poorly in the WalletHub ‘taxpayer’ ranking, the elderly-friendly labor market and the number of health-care facilities per capita.
Why is Arkansas not a good state to retire?
However, Arkansas also has high crime rates, fewer healthcare facilities than other states, and sparse job opportunities for seniors. Additionally, Arkansas’s residents are some of the unhappiest in the United States.
What are the cons of living in Arkansas?
10 Cons About Living in Arkansas
- High Crime Rate. KAIT 8 reports Arkansas made a WalletHub list of the worst states in which to raise a family, coming in at number six.
- Below Average Education System.
- Very Rural.
- High Poverty Level.
- Insect and Animal Dangers.
- High Obesity.
- Lack of Public Transportation.
- High Sales Tax.
Why you should not live in Arkansas?
Unfortunately, Arkansas is known for very high poverty. Routinely clocking in as one of the bottom 10 states in the nation with a 15%+ poverty rate. The state’s rate is about 50% higher than the average rate across the United States. Furthermore, Arkansas is also known for its obesity rate.
Is Arkansas a retiree friendly state?
Arkansas is a relatively tax-friendly state for retirees. Social Security is totally exempt from the state’s income tax. Arkansas also offers seniors a deduction of $6,000 for other types of retirement income like from pensions or an IRA.
Why is Arkansas one of the worst states to live in?
Arkansas is the seventh-worst state in the U.S. & World News ranking, primarily due to healthcare concerns and crime rates. Arkansas’ access to healthcare, specifically dental care, is ranked among the worst in the country.
Does Arkansas tax your pension?
The state of Arkansas charges an Individual Income Tax that applies to most forms of retirement income. The only retirement-income sources that are not are subject to income tax in Arkansas are Social Security and railroad retirement benefits. There is a $6,000 deduction on employer sponsored pension plans in Arkansas.
Is Arkansas worth moving to?
Moving to Arkansas? Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.
Is Arkansas in Tornado Alley?
Is there a “Tornado Alley” in Arkansas? A. Yes. Since 1950, counties with 35 or more tornadoes are mostly clustered along Interstate 30 and U.S. Highway 67/167.
What should I know before moving to Arkansas?
Moving To Arkansas: 22 Things You Need To Know First
- Arkansans Are Obsessed With The Hogs.
- Float Trips Down The River Are Better Than Any Pool Day.
- Rotary Tillers Move A Bit Faster Here.
- The Boggy Creek Monster Is Always Watching.
- You Might Have To Buy A Gun To Fit In.
- The Nature Here Is Super Underrated.
Is Arkansas conservative or liberal?
Political party strength. Reflecting the state’s large evangelical population, the state has a strong socially conservative bent.
Why is it so humid in Arkansas?
Arkansas generally has a humid sub-tropical climate, which borders on humid continental across some of the northern highland areas. The state is close enough to the Gulf of Mexico for the warm, large body of water to be the main weather influence in the state.
Are many people moving to Arkansas?
According to the 2021-2022 HireAHelper U.S. Migration Report, Arkansas was the #1 state moved into, by ratio, during 2021. Arkansas had 44% more people move into the state than move out.
Do seniors pay property tax in Arkansas?
Age 65 or Disabled Homeowner Property Tax Relief
If a person who is age 65 or older or who is disabled purchases a homestead property, the taxable assessed value of the residence can be frozen as of the date of purchase. Eligible homeowners must apply for the “freeze” with the county assessor’s office.
Are property taxes high in Arkansas?
Property taxes in Arkansas are lower than in most of the rest of the country. The majority of the state’s counties have median annual property tax payments below $800. The statewide average effective property tax rate is 0.61%.
Where does Arkansas rank for retirement?
Arkansas fell among one of the worst states to retire in, receiving an overall ranking of 43. The lowest major score Arkansas saw was in quality of life, where the state ranked 48th. Two metrics that affected this ranking were museums per capita and theaters per capita, where Arkansas ranked as one of the worst states.
What is the ugliest state?
Nevada
Nevada. Nevada is considered to be one of the ugliest states in the U.S. because of its unforgiving desert landscape and test sites for military nuclear testing. Despite this, Nevada is also home to Red Rock Canyon, Lake Tahoe, and the swirling rock formations of Valley of Fire State Park.
What is the most boring state?
Idaho
Idaho takes the number one spot for the most boring state in the country. Idaho has a population of 1.78 million people over 83,569 square miles of land, resulting in a population density of about 21.6 persons per square mile, the seventh-lowest in the country.
What state has the best quality of life?
Washington
1. Washington. Washington state has the highest quality of life in all 50 states.
How much money do I need to retire in Arkansas?
Arkansas
The average annual retirement income in Arkansas is $54,329, just slightly higher than Oklahoma’s. The average retirement age in Arkansas is 62, and the average life expectancy is 75.40 years.
At what age is Social Security no longer taxed?
At 65 to 67, depending on the year of your birth, you are at full retirement age and can get full Social Security retirement benefits tax-free.
