Discovering Russellville, AR with Zillow: A Comprehensive Guide

Are you considering a move to Russellville, AR? Zillow is a fantastic resource to explore the real estate market and understand the community better. Let’s delve into the details of this charming city using Zillow’s data and insights.

Population and Demographics

According to Zillow, Russellville has a population of approximately 11,000 residents. The city is known for its friendly atmosphere and welcoming community. The median age of residents is around 35, which indicates a relatively young population. The racial demographics are as follows:

Race Percentage
White 75.2%
African American 14.3%
Hispanic or Latino 5.6%
Other 4.9%

Real Estate Market

The real estate market in Russellville is quite diverse, offering a range of housing options for different budgets. According to Zillow, the median home value is around $150,000. Here’s a breakdown of the market:

Home Type Median Home Value Median Rent
Single-Family Home $150,000 $1,000
Condo $100,000 $800
Townhouse $130,000 $900

Cost of Living

Russellville offers a relatively affordable cost of living compared to other cities in the United States. According to Zillow, the cost of living index is 88.6, which means it’s 11.4% lower than the national average. Here are some key cost factors:

Cost Factor Percentage of National Average
Goods and Services 90.2%
Healthcare 88.5%
Utilities 85.3%
Transportation 92.1%

Employment and Economy

Russellville’s economy is primarily driven by healthcare, retail, and education. The city is home to the University of Arkansas at Fort Smith, which contributes significantly to the local economy. The unemployment rate is around 3.5%, which is lower than the national average. Here’s a breakdown of the top employers:

Employer Number of Employees
University of Arkansas at Fort Smith 1,500
Arkansas River Valley Medical Center 1,000
Walmart Distribution Center 800
City of Russellville 500