HOUSING & COST OF LIVING
According to Kiplinger’s magazine, Texarkana ranks number 17 in their top 25 cheapest cities in the United States to live. The twin cities have a cost-of-living percentage that is 13.4% lower than the national average. Median household incomes are about $45,000 and the unemployment rate as of December 2020, was 5.9% compared to the national average of 6.7%. With beautiful neighborhoods and affordable housing options, from large historic homes and modern new builds, to apartment and multi-family units, or trendy downtown lofts, Texarkana has the perfect home for every taste. As housing costs make up a large portion of every budget, Texarkana can boast housing rates at just over half the national average. You can find beautiful farmland for quiet country living, take advantage of the charms of suburbia near neighborhood schools and churches, or experience the excitement of nightlife right outside your door with downtown living. Communities of friendly neighbors and the safety of our police patrolled streets, Texarkana, USA, is a great place to call home.
36 | Texarkana Community Directory | Spring 2023 36 | Texarkana Community Directory | Spring 2023
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