This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
Ä¢¹½ÊÓƵ® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. Ä¢¹½ÊÓƵ contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Parkin is a tiny city located in the state of Arkansas. With a population of 784 people and just one neighborhood, Parkin is the 211th largest community in Arkansas.
Occupations and Workforce
Because occupations involving physical labor dominate the local economy, Parkin is generally considered to be a blue-collar town. 35.18% of the Parkin workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Parkin is a city of service providers, transportation and shipping workers, and sales and office workers. There are especially a lot of people living in Parkin who work in office and administrative support (12.56%), healthcare suport services (11.56%), and food service (10.05%).
Setting & Lifestyle
It is a fairly quiet city because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Parkin has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Parkin has few renters and college students. But the biggest reason it is quieter in Parkin than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Parkin may be for you.
One of the benefits of Parkin is that there is very little traffic. The average commute to work is 17.55 minutes, which is substantially less than the national average. Not only does this mean that the drive to work is less aggravating, but noise and pollution levels are lower as a result.
Being a small city, Parkin does not have a public transit system used by locals to get to and from work.
Demographics
The population of Parkin has one of the lowest overall levels of education in the country: only 0.64% of people over 25 hold a college degree. The national average for all municipalities is 21.84%.
The per capita income in Parkin in 2022 was $16,468, which is low income relative to Arkansas and the nation. This equates to an annual income of $65,872 for a family of four.
Parkin is an extremely ethnically-diverse city. The people who call Parkin home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Parkin residents report their race to be Black or African-American, followed by White. Important ancestries of people in Parkin include Scottish, German, European, Italian, and English.
The most common language spoken in Parkin is English. Other important languages spoken here include African languages and Arabic.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Parkin, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
People
One of the unique characteristics of the neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 98.4% of the neighborhoods in America.
In addition, neighborhoodScout's exclusive research revealed that 96.9% of the adult residents in the neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 98.3% of the neighborhoods in America.
Also, the types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. Ä¢¹½ÊÓƵ's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 50.3%. This is a higher percent living alone than we found in 95.6% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
Real Estate
Unpopulated, and rural, the neighborhood is one of the least crowded neighborhoods in all of America. If you like open space, no traffic, and lots of room, this neighborhood may be just what you are looking for. According to Ä¢¹½ÊÓƵ's leading research, this neighborhood is less densely populated than 98.0% of the neighborhoods in America.
In addition, despite all of the residential real estate here in the neighborhood, Ä¢¹½ÊÓƵ has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 31.8%, which is higher than 95.8% of all U.S. neighborhoods.
Diversity
Did you know that the neighborhood has more Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.1% of this neighborhood's residents have Scottish ancestry.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Parkin are low income, making it among the lowest income neighborhoods in America. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 98.4% of U.S. neighborhoods. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.5% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 40.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.4%), and 19.0% in executive, management, and professional occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 100.0% of households.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Parkin, AR, residents most commonly identify their ethnicity or ancestry as Scottish (9.1%). There are also a number of people of German ancestry (7.5%), and residents who report English roots (3.3%), and some of the residents are also of Irish ancestry (2.0%), along with some Dutch ancestry residents (1.6%), among others.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (55.3% of working residents), one of the shortest commutes across America.
Here most residents (65.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.6%) and 8.3% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
