Arkansas / Van Buren County

Moving to Formosa, AR

Thinking of making a move to Formosa, AR? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Formosa, AR

Considering a move to Formosa, AR? This welcoming community of 200 residents offers a blend of suburban charm and convenience, with median home prices around $95,000 and average rents near $650. Commute times average 30 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (60% annually), ideal for families and commuters alike. Explore Formosa's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Formosa, AR

Formosa has a population of 200 residents, offering a diverse community with a median age of nearly 44 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 92% White, 4% Black, and 1% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
200
Density
85 per sq mi
Median Age
43.5
Gender Ratio
98 males per 100 females
Non-English Speakers Percentage
2.5%

Ethnic Composition

White
91.5%
Black
4.2%
Asian
0.5%
Others
3.8%

Cost Of Living

What is the average cost of living in Formosa, AR?

The cost of living in Formosa is higher than the national average, with a cost of living index of 78.0. Median home values are around $95,000 and average rents for a two-bedroom apartment are approximately $650. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$95,000
Gross Rent
$650
Monthly Electricity Charges
$140
Auto Insurance
$1,140
House Owner Cost With Mortgage
$850
House Owner Cost Without Mortgage
$340
State Taxes
Low: 0.9%| High: 6.6%
Cost Of Living Index
78.0
Grocery
88.2
Housing
56.4
Utilities
94.5
Transportation
82.1
Health Care
89.2
Miscellaneous
81.0

Crime

Is Formosa, AR a safe place to live?

Formosa is considered a safe community, with a low violent crime rate of 340 incidents per 100,000 residents and a property crime chance of 1 in 46. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Arkansas.

Violent Crimes Per 100k
340
Property Crimes Per 100k
2,150
Crime Index
2,490
Chance Of Violent Crime
1 in 294
Chance Of Property Crime
1 in 46

Weather

What is the weather like in Formosa, AR year-round?

Formosa experiences four distinct seasons, with warm summers reaching highs of 92°F and cold winters dipping to 30°F. The area receives about 52 inches of rainfall annually and enjoys sunshine on 60% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
30°F
Max
52°F

Summer

Min
68°F
Max
92°F

Spring

Min
48°F
Max
73°F

Fall

Min
47°F
Max
75°F
Average Rainfall Inches
52 inches
Sunny Days Percentage
60%

Neighbors

The neighborhood boasts a healthy median household income of $42,000 and a low poverty rate of 17.6%. Over 84% of residents have at least a high school diploma, and nearly 14% hold a bachelor's degree or higher. Commute times average 30 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$26,000
Household Income
$42,000
Family Income
$50,500
Per Capita Income
$21,800
Income Male
$29,000
Income Female
$22,000
Poverty Rate
17.6%
Non English Speakers
2.5%
Rent
$650
Unemployment Rate
4.3%
Public Transport Usage
0.0%
Commute Time
29.5 minutes

Education

High School or Higher
83.5%
Bachelors or More
13.8%

Education

How are the schools in Formosa, AR?

Formosa offers quality education options, with public schools like South Side High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including University of Arkansas Community College at Morrilton. The community is committed to educational excellence for all age groups.

Public Schools

Name
South Side High School
Street
334 South Side Rd, Bee Branch, AR 72013
Phone
501-654-2242
Students
240
Student Teacher Ratio
11.5

Colleges

Name
University of Arkansas Community College at Morrilton
City
Morrilton
State
AR
Distance
27 miles
Students
1,800

Healthcare

Formosa residents have access to quality healthcare, with major hospitals like Ozark Health Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.3 per 1,000 people and 86.2% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Ozark Health Medical Center
Address
2500 Highway 65 S, Clinton, AR 72031
Phone
(501) 745-7000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.3
Health Insurance Coverage
86.2%
Health Care Index
68.4

Housing Market

What is the housing market like in Formosa, AR?

The local housing market is strong, with a median home price of $95,000 and an owner-occupied rate of nearly 78%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.2%. Formosa offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$95,000
Average Rent For 2 Bedroom
$650
Owner Occupied Rate
77.5%
Rental Vacancy Rate
8.2%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
0.8%
Foreclosure Rate
0.7%

DMV Information

Residents of Formosa handle vehicle services through the Arkansas Department of Finance and Administration - Office of Motor Vehicle, conveniently located in Little Rock. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Arkansas
Department
Arkansas Department of Finance and Administration - Office of Motor Vehicle
Address
1816 W 7th St, Little Rock, AR 72201
Phone
1-501-682-4692

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Formosa, AR

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Formosa, review the core fields on this page: population 200, median home value $95,000, average rent for 2 bedroom $650, commute time 29.5 minutes, and sunny days percentage 60%.

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