Russellville, AR Foreclosed Homes & Properties

Foreclosure Homes in Russellville, AR: What You Need to Know

Russellville is a small city nestled in the southwestern region of Pope County, Arkansas. The city’s residents enjoy a thriving business sector as well as scenic surrounding nature with the Arkansas River and Lake Dardanelle on either side. 

Local History of Russellville, AR

Russellville was home to many active soldiers during the Civil War on both the Confederate and Union sides. The city saw a great deal of economic and population growth in the decades following the Civil War, starting with its official incorporation in 1870. In its early years, the majority of Russellville’s residents either farmed land or worked as a harvester of timber for a living. 

Employment Opportunities in Russellville, AR

Russellville contains several major manufacturing plants that employ thousands of locals each year including plants for Innovation Industries Elevator Signal Fixtures and Tyson Foods, Inc. Additionally, over 10 Fortune 500 companies host divisions in Russellville. A large portion of the city is employed in the manufacturing sectors of multiple industries including food, home goods, public works, and automotive and aircraft parts. Russellville’s downtown area and nearby Lake Dardanelle draw a great deal of tourism to the area, which is another thriving industry in the city. 

Russellville, AR Education

Arkansas Tech University, a public university that opened its doors in 1909, is the flagship campus for higher education in Russellville. Students struggling to keep up in school and adults in need of a GED can find help at Russellville’s Alternative Learning Center. Public education for K-12 students is overseen in the city by the Russellville School District. 

What Type of Housing is Available in Russellville, AR?

Most of the housing units in Russellville are around 33 years old, making them about 7 years younger than the typical American home on average. The median cost of a family home in Russellville is $122,600 compared to the U.S. average of $231,200, and rental properties can be found in the city for as low as $524 per month for a studio apartment. 

What is the Cost of Living in Russellville, AR?

Russellville residents enjoy a lower cost of living than the typical U.S. citizen as well as Arkansas at large. In fact, locals in Russellville tend to pay around half of what most American citizens pay for a family home. The highest living cost metrics for Russellville residents tend to be grocery costs and utility costs like water and power, though these still fall below the national average.