Cost of Living in Faulkner County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Faulkner County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Faulkner County, Arkansas
Faulkner County: Arkansas' growth leader
Faulkner County's 18.1% rent-to-income ratio matches Arkansas' state average exactly, but the county's higher median household income of $65,071 and elevated home values reflect regional growth. With median rents at $980 monthly, Faulkner is the region's priciest market, attracting higher-income households and professionals.
Mid-range affordability with higher income
Faulkner County's 18.1% rent-to-income ratio matches the state average, but the county's median household income of $65,071 exceeds most Arkansas counties. This higher income base supports the region's above-average housing costs, making it accessible primarily to professional and management-level workers.
Premium pricing for growth county
Faulkner County's median rent of $980 is the highest among all comparison counties—$152 more than Crittenden County and $354 more than Dallas County. Home values reach $211,300, the region's highest, reflecting Faulkner's status as a growth and education hub (Conway, home to multiple universities, anchors the county).
Higher income supports higher costs
Renters allocate 18.1% of their $65,071 median household income to $980 monthly rent, while homeowners pay $1,026 monthly (18.9%) for properties valued at $211,300. Despite the high absolute costs, Faulkner households retain greater disposable income than lower-income counties thanks to superior earning power.
Faulkner for career builders
Relocate to Faulkner County if your household income exceeds $60,000 or if you're pursuing education or professional opportunities in Conway's growing economy. The county's higher costs reflect genuine quality-of-life improvements and employment prospects unavailable elsewhere in the region.
Affordability Calculator
See how your income compares to housing costs in Faulkner County
Rent Burden
18.1%
of gross income
Max Housing (28% Rule)
$1,518
per month
Owner Cost Burden
18.9%
of gross income
The median home in Faulkner County may be a stretch
Median home value is $211,300. Estimated monthly cost: $1,687 vs. your max of $1,518.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.