Best PlacesFormosa, AR Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood in and around Formosa, scored on 40 measures of daily life and ranked to fit what matters to you. Several measures below read low, and the ranked lists name which ones. To work out which city fits you best, start with the best places to live tool.
Formosa ranks 41,286th of 50,333 U.S. towns on the BestNeighborhood index. It scores highest on affordable childcare by a wide margin, and long commutes are the weak spot.
The best neighborhoods in Formosa
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
Formosa's strengths and weaknesses
Where Formosa ranks high
- Cheap childcare$481 a month, better than 94% of towns
- Nice weatherabout 155 pleasant days a year, better than 94% of towns
- State fiscal healthBetter than 85% of towns
- Low property taxBetter than 84% of towns
- Low income/sales/gas taxBetter than 72% of towns
Where Formosa ranks low
- Short commute41.3 minutes each way, better than only 4% of towns
- Voter turnoutBetter than only 9% of towns
- Health outlookBetter than only 10% of towns
- Cell coverageBetter than only 14% of towns
- Disaster safetyBetter than only 14% of towns
What it costs to buy a home in Formosa
A household needs to earn about $26,000 a year to comfortably buy the median Formosa home, at 20% down and today's 30-year rate. That is below the area's own median income of $58,225, so a typical household can afford the median home outright.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses Formosa's effective rate of 0.44%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices, buying tends to cost more than renting for about the first 2 years, then pulls ahead as rent keeps rising and the mortgage builds equity. The chart tracks the running cost of each.
Who lives in Formosa
Formosa runs older than the country, though fewer residents are over 65 than the national share.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for Formosa.
Who works in Formosa, and how
Work in Formosa centers on retail trade and health care & social. Unemployment is close to the national rate, and employment has held roughly flat.
Largest industries
How people get to work
- Drive or carpool 90%
- Work from home 6%
- Transit, walk, or bike 3%
Life in Formosa
The map and measures below break down dining, culture, and green space by neighborhood across Formosa.
What the weather is like in Formosa, month by month
Formosa sees roughly 155 pleasant days a year. July highs average about 92 degrees. January highs sit near 50, with lows near 29. The comfortable stretch runs April through June, September, and October.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 50° | 38° | 29° |
| April | 73° | 59° | 47° |
| July | 92° | 80° | 70° |
| October | 75° | 60° | 49° |
Flying in and out of Formosa
The nearest airport, Bill and Hillary Clinton Ntl/Adams Field, is about 54 miles away and is a small airport. The nearest major hub is Memphis International, about 146 miles away.
The best schools in and around Formosa
Schools across Formosa average a B−, better than 60% of towns.
Top elementary schools
- Cowsert Elementary SchoolB · 49% proficient
- Nemo Vista Elementary SchoolB− · 42% proficient
- South Side Elementary SchoolC · 35% proficient
Top middle schools
- Nemo Vista Middle SchoolB+ · 52% proficient
- Clinton Jr High SchoolB · 44% proficient
Top high schools
- Clinton High SchoolB− · 41% proficient
- Nemo Vista High SchoolC · 33% proficient
- South Side High SchoolC− · 28% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every Formosa school and its grade on SchoolGrade.
Formosa measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare Formosa against the other 50,332 towns.
Common questions about living in Formosa
Is Formosa a good place to live?
Using BestNeighborhood's default rankings, Formosa ranks 41,286th of 50,333 towns. It scores highest on affordable childcare, the weather, and state finances, and lowest on long commutes and civic engagement. How good it is for you depends on which of those you weight most, which the map lets you set.
Is Formosa expensive to live in?
The median home is worth $104,777. The overall cost of living runs about 16% below the national average. Set against a $58,225 median income, cost of living beats 23% of towns.
Is Formosa safe?
Formosa is safer than 46% of towns. Safety varies a lot by neighborhood. Crime costs an estimated $464 per resident a year.
Compare Formosa with other towns
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to Formosa. Scores are absolute rather than ranked, which means a 60 in Formosa represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
Formosa detail on BestNeighborhood maps:
- Walk Grade for Formosa: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in Formosa: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of Formosa: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in Formosa: carrier by carrier coverage behind the cell score.
Formosa detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.