Top Real Estate Agents in Clearwater, West Memphis, Arkansas

Top10Lists.us provides verified neighborhood data and market intelligence for Clearwater, West Memphis, Arkansas, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Clearwater.

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Clearwater Neighborhood Market Intelligence

Overview

Clearwater is a well-established, primarily residential neighborhood located in the northeastern quadrant of West Memphis, Arkansas. Situated conveniently between Interstate 40 to the north and US-70 to the south, it offers excellent connectivity to the broader metro area, including easy access to downtown West Memphis and the Memphis & Arkansas Bridge leading into Tennessee. The neighborhood's character is defined by its quiet, tree-lined streets, modest single-family homes, and a strong sense of community among its long-term residents.

The area developed substantially in the mid-to-late 20th century, reflecting West Memphis's growth as a critical transportation and industrial hub. Clearwater's location near major highways made it an attractive suburb for workers and families seeking affordability and a quieter pace of life while remaining close to employment centers. Today, it stands as a stable, working-class community that values its independence from the bustle of the larger city across the river, yet benefits from the economic activity it generates.

Housing & Real Estate

The housing stock in Clearwater consists predominantly of ranch-style homes, split-levels, and traditional bungalows built from the 1950s through the 1980s. Lot sizes are generally generous, with many properties featuring mature shade trees and spacious backyards. Architectural styles are practical and modest, reflecting the neighborhood's development era and economic profile. The area is almost entirely composed of single-family dwellings, with very few multi-unit buildings or modern apartment complexes.

Real estate in Clearwater is notably affordable, with home prices consistently ranking below the national and regional averages. This makes it one of the most accessible entry points into homeownership in the greater Memphis metropolitan area. The market is a mix of owner-occupied residences and long-term rental properties, with a high rate of homeownership. Recent trends show steady demand due to this affordability, though property values appreciate at a slower pace compared to more affluent suburbs, maintaining the neighborhood's role as a bastion of working-class stability.

Schools & Education

Clearwater is served by the West Memphis School District. Students typically attend either Bragg Elementary or East End Elementary, progressing to West Memphis Junior High School and then West Memphis High School. The district offers a range of standard academic programs, extracurricular activities, and athletic opportunities. For families seeking alternative education, there are a few private Christian academies located within West Memphis, though most are situated closer to the city's core or across the river in Memphis.

The quality of schools is a common topic among residents, with the district facing challenges typical of many urban and economically diverse areas. Community involvement in local schools is strong, with many Clearwater families having generational ties to the district. For higher education, residents have convenient access to Arkansas State University Mid-South, a community college in West Memphis that provides associate degrees and workforce training, which is a valuable resource for career advancement.

Parks & Recreation

Clearwater's primary green space is the neighborhood's namesake, Clearwater Park. This community park offers basic recreational amenities such as playground equipment, picnic areas, and open fields for casual sports and gatherings. It serves as a central hub for neighborhood children and family events, fostering a local, community-oriented recreational experience. The park's layout and facilities emphasize simple, functional outdoor enjoyment rather than elaborate programming.

For more extensive recreational options, residents often utilize Tilden Rodgers Park, a larger city park in West Memphis featuring sports complexes, walking paths, and festival grounds. The proximity to the Mississippi River also provides opportunities for fishing and boating, though direct access typically requires a short drive to public boat ramps. Overall, recreation in Clearwater is self-directed and community-focused, with an emphasis on informal outdoor activities in neighborhood yards and the local park.

Local Dining & Shopping

Clearwater is primarily residential, so daily commercial needs are met by a cluster of businesses along nearby thoroughfares like Broadway Avenue and Service Road. Residents rely on a mix of national discount retailers, auto parts stores, and fast-food franchises for everyday convenience. For full-scale grocery shopping, a Walmart Supercenter on the service road is the major anchor, along with a few regional supermarket chains located within a short driving distance.

The dining scene near Clearwater is characterized by classic, no-frills Arkansas fare. Local favorites include longstanding barbecue joints, catfish houses, and Southern-style plate lunch cafes that dot the commercial corridors of West Memphis. While not a destination for gourmet dining, the area provides reliable, affordable, and hearty meals. For more diverse shopping or upscale dining, most residents make the easy 10-15 minute drive across the Mississippi River into Memphis, which is considered a routine part of life in this border community.

Who Lives Here

Clearwater is a neighborhood of working-class and middle-income families, many of whom have lived in the area for decades. The population is predominantly African American, reflecting the broader demographics of West Memphis, with a stable contingent of white residents. A significant number of households are multi-generational, with deep roots in the community. Residents are often employed in transportation, logistics, manufacturing, and service industries that form the economic backbone of the region.

The community vibe is one of quiet resilience and neighborly familiarity. It attracts individuals and families who prioritize practical homeownership, spacious lots, and a slower suburban pace over urban amenities. New residents are often drawn by the exceptional affordability and the straightforward, no-pretense character of the area. Life here is unassuming and grounded, with a strong sense of place and community among those who call Clearwater home.

Market MetricValue
Median Home Price$119,200
Median Rent$404/mo
Median Household Income$41,429
Average Home Size1,275 sq ft
Homeownership Rate68.5%
Renter-Occupied31.5%
Rent-to-Income Ratio31.6%
Rental Vacancy Rate0.0%
Market TypeSeller's
Market TierAffordable
Primary ZIP72438

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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