Cost of Living in Carroll County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Carroll County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Carroll County ranks #1,126 of 3,142 counties for affordability (top 36%)
Sourced county brief
Carroll County Median Home Value Estimated at $210,400
The median home value in Carroll County is $210,400, which is $68,935 above the Arkansas unweighted county mean of $141,465. The official median gross rent as a percentage of household income, known as GRAPI, is 28.8%. This metric is 0.4 percentage points higher than the state unweighted county mean of 28.4%. Median gross rent in the county was estimated at $856 per month, exceeding the state unweighted county mean of $774. For owner-occupied units, the median selected monthly owner cost is $695, while the state unweighted county mean for this cost is $663. Renter households in the county have a median income of $34,497. This profile is a snapshot of the American Community Survey 5-Year Estimates and does not constitute market forecasting or housing recommendations. See ACS table B25077 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Carroll County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.8% of renter household income in Carroll County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $856 per month; median selected monthly owner costs are $695. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $34,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Arkansas unweighted mean of county median rents is $774 per month. Carroll County's $856 median is 10.6% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Carroll County
Rent Burden
18.9%
of gross income
Max Housing (28% Rule)
$1,265
per month
Owner Cost Burden
15.4%
of gross income
The median home in Carroll County may be a stretch
Median home value is $210,400. Estimated monthly cost: $1,680 vs. your max of $1,265.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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