Cost of Living in Benton County, Arkansas

$1,193/mo
Median Monthly Rent
$285,100
Median Home Value
57% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,193/mo
57% above state average
Median Home Value
$285,100
1% above national
Rent-to-Income Ratio
22.0%
% 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 Benton County Compares

Median monthly rent comparison

Benton County$1,193/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$1,193/mo
Median Gross Rent
$285,100
Median Home Value
$1,246/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Benton County, Arkansas

Benton County: High Earners, Manageable Rents

Benton County's median household income of $89,879 dramatically exceeds the national average of $74,755, making the 15.9% rent-to-income ratio feel comfortable despite $1,193 monthly rent. Higher wages here absorb elevated housing costs more easily than in lower-income counties.

Arkansas's Most Affluent County

Benton County leads all eight counties in income and ranks among Arkansas's strongest economic engines, with a rent-to-income ratio of 15.9% against the state average of 18.1%. This outperformance reflects robust job growth and professional opportunities throughout the region.

Premium Pricing for Premium Wages

Benton County's $1,193 rent substantially exceeds nearby counties—more than $375 above Boone County ($715) and $375 above Carroll County ($818)—yet household income justifies the premium. Median home values of $285,100 position this as the region's luxury housing market.

Income Cushions Housing Costs

Renters allocate $1,193 monthly to housing while owners pay $1,246, a narrow margin reflecting an expensive but balanced market. With median income of $89,879 annually, housing consumes just 16% of total earnings, leaving ample resources for savings and discretionary spending.

Benton County: Premium Housing, Strong Incomes

Relocating to Benton County makes sense if you're pursuing high-wage employment or can command similar income remotely—housing costs scale up, but so do opportunities. This county rewards ambitious professionals seeking dynamic job markets alongside manageable housing burdens.

Affordability Calculator

See how your income compares to housing costs in Benton County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$2,097

per month

Owner Cost Burden

16.6%

of gross income

The median home in Benton County may be a stretch

Median home value is $285,100. Estimated monthly cost: $2,276 vs. your max of $2,097.

Rent Affordability Guide

Your rent-to-income ratio15.9%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Benton County, Arkansas?
Benton County, Arkansas has a median monthly rent of $1,193/mo and a median home value of $285,100. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Benton County?
The median gross rent in Benton County is $1,193/mo. This is 57% above state average for Arkansas.
Is Benton County affordable?
Benton County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Benton County's rent compare to the state average?
Benton County's median rent of $1,193/mo is 57% above state average of $760/mo for Arkansas.
What is the median home value in Benton County?
The median home value in Benton County, Arkansas is $285,100. This is 1% above 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.