Cost of Living in Faulkner County, AR

What does it cost to live in Faulkner County? Income, housing, and affordability breakdown.

Median Income

$61,273

Median Rent

$931/mo

Median Home

$195,800

Affordability

444

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$990
Property Tax$95
Insurance$65

Total Monthly$1,150
% of Income22.5%

Renting

Median Rent$931
Renter's Insurance$25

Total Monthly$956
% of Income18.2%

Living in Faulkner County, Arkansas

Faulkner County has a median household income of $61,273 with housing costs that represent 22.5% of income for owners and 18.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 444 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Arkansas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.