Cabot is a medium-sized city located in the state of Arkansas. With a population of 27,190 people and eight associated neighborhoods, Cabot is the 19th largest community in Arkansas. There's nothing like the smell of a brand new house, and in Cabot, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Cabot, and putting down their money on brand new construction. Cabot’s real estate is, on average, some of the newest in the nation. Cabot does seem to be experiencing an influx of affluent people, because the median household income is $72,656.00.
Cabot real estate is some of the most expensive in Arkansas, although Cabot house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Cabot has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.52% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Being a small city, Cabot does not have a public transit system used by locals to get to and from work.
In terms of college education, Cabot is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.83% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Cabot in 2022 was $33,915, which is wealthy relative to Arkansas, and middle income relative to the rest of the US. This equates to an annual income of $135,660 for a family of four. However, Cabot contains both very wealthy and poor people as well.
Cabot is a somewhat ethnically-diverse city. The people who call Cabot home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cabot residents report their race to be White, followed by Black or African-American. Important ancestries of people in Cabot include English, German, Irish, Italian, and European.
The most common language spoken in Cabot is English. Other important languages spoken here include Spanish and Polish.