Cost of Living in Baxter County, Arkansas

$866/mo
Median Monthly Rent
$165,400
Median Home Value
14% above state averageUnaffordable

At a Glance

Median Monthly Rent
$866/mo
14% above state average
Median Home Value
$165,400
41% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Baxter County Compares

Median monthly rent comparison

Baxter County$866/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$866/mo
Median Gross Rent
$165,400
Median Home Value
$631/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Baxter County, Arkansas

Baxter County: Housing Crunch Despite Low Wages

Baxter County's 21.5% rent-to-income ratio stands as the highest among these eight counties and above Arkansas's 18.1% state average, signaling a genuine affordability squeeze. At $866 monthly rent on median income of just $48,427, housing claims a notably larger slice of the household budget than elsewhere.

Least Affordable County in This Group

Baxter County's rent-to-income ratio of 21.5% markedly exceeds the state average and represents the worst affordability profile across these eight counties. Despite mid-range income, renters here face disproportionate housing pressure that erodes purchasing power for other essentials.

Rising Rents, Strained Wallets

Baxter County's $866 rent rivals Benton County's $1,193 (though Benton earns far more income) and substantially exceeds nearby options like Boone County ($715) and Carroll County ($818). High home values ($165,400) compound affordability challenges, pricing out lower-income residents from ownership.

Housing Dominates the Budget

Renters devote 21.5% of income to housing while homeowners pay $631 monthly—an unusual gap favoring ownership that reflects the rental market's premium pricing. With median income of $48,427, nearly a quarter of annual earnings flows to housing, limiting flexibility elsewhere.

Baxter County: Weigh Carefully Before Moving

Baxter County's rising rents and income-to-housing squeeze make it a tougher sell for budget-conscious relocators compared to more affordable Arkansas alternatives. Consider this county only if employment prospects outweigh the elevated housing burden.

Affordability Calculator

See how your income compares to housing costs in Baxter County

$

Rent Burden

21.5%

of gross income

Max Housing (28% Rule)

$1,130

per month

Owner Cost Burden

15.6%

of gross income

The median home in Baxter County may be a stretch

Median home value is $165,400. Estimated monthly cost: $1,320 vs. your max of $1,130.

Rent Affordability Guide

Your rent-to-income ratio21.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Baxter County, Arkansas?
Baxter County, Arkansas has a median monthly rent of $866/mo and a median home value of $165,400. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Baxter County?
The median gross rent in Baxter County is $866/mo. This is 14% above state average for Arkansas.
Is Baxter County affordable?
Baxter County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Baxter County's rent compare to the state average?
Baxter County's median rent of $866/mo is 14% above state average of $760/mo for Arkansas.
What is the median home value in Baxter County?
The median home value in Baxter County, Arkansas is $165,400. This is 41% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.