CostBy County

Cost of Living in Carroll County, Arkansas

$856/mo
Median Monthly Rent
$210,400
Median Home Value

At a Glance

Median Monthly Rent
$856/mo
11% above state average
Median Home Value
$210,400
37% below national
Census GRAPI
28.8%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

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

Carroll County$856/mo
Arkansas Average$774/mo
National Median$1,413/mo

Detailed Housing Stats

$856/mo
Median Gross Rent
$210,400
Median Home Value
$695/mo
Monthly Owner Cost
28.8%
Census GRAPI

National Ranking

Affordability Rank

Carroll County ranks #1,126 of 3,142 counties for affordability (top 36%)

Most AffordableLeast Affordable

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.

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

Your entered rent as a share of entered income18.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,230Needed: $34,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,230Needed: $29,786
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,230Needed: $48,966

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

What is the cost of living in Carroll County, Arkansas?
Carroll County, Arkansas has a median monthly rent of $856/mo and a median home value of $210,400. The affordability rating is Affordable, with median gross rent equal to approximately 28.8% of renter household income.
What is the median rent in Carroll County?
The median gross rent in Carroll County is $856/mo. This is 11% above state average for Arkansas.
Is Carroll County affordable?
Carroll County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 28.8%. Median gross rent is under 30% of renter household income.
How does Carroll County's rent compare to the state average?
Carroll County's median rent of $856/mo is 11% above state average of $774/mo for Arkansas.
What is the median home value in Carroll County?
The median home value in Carroll County, Arkansas is $210,400. This is 37% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: 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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