Cost of Living in Monroe County, AR

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

Median Income

$41,786

Median Rent

$543/mo

Median Home

$84,600

Affordability

709

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$428
Property Tax$35
Insurance$28

Total Monthly$491
% of Income14.1%

Renting

Median Rent$543
Renter's Insurance$25

Total Monthly$568
% of Income15.6%

Living in Monroe County, Arkansas

Monroe County has a median household income of $41,786 with housing costs that represent 14.1% of income for owners and 15.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 709 (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.