Cost of Living in Lawrence County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Lawrence County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Lawrence County ranks #1,412 of 3,144 counties for affordability (top 45%)
Data Story
About Cost of Living in Lawrence County, Arkansas
Lawrence County edges above national norms
Lawrence County's rent-to-income ratio of 19.4% sits slightly above national averages, with median rent of $715 remaining well below typical U.S. levels. Median household income of $44,164 falls 41% short of the national median, keeping overall affordability reasonable despite income constraints.
Slightly above Arkansas state average
At 19.4%, Lawrence County's rent-to-income ratio exceeds Arkansas's 18.1% state average, placing it in the less affordable tier statewide. Median rent of $715 tracks close to the state median of $760, while lower incomes push affordability pressure modestly above state norms.
Rents climb slightly above Izard
Lawrence County's $715 median rent runs $89 higher than nearby Izard County but remains competitive with Johnson County ($714) and Lee County ($638). Home values of $91,100 sit solidly in the region's affordable range, offering modest homeownership opportunities.
Housing claims steady household portion
Lawrence residents earning $44,164 dedicate 19.4% to rent ($715/month) and 14.8% to mortgage costs, totaling 34.2% toward housing annually. This allocation leaves moderate room for other essentials, though income constraints limit financial flexibility overall.
Lawrence suits budget-conscious relocators
Lawrence County offers a reasonable balance of modest rents, affordable homes, and manageable affordability burden, making it worth considering for those relocating within Arkansas's rural northeast. Ensure incoming income aligns with or exceeds the county median to maintain comfortable housing and living standards.
Cost of Living Advisory: Lawrence County
Affordability Verdict
Lawrence County offers affordable rental housing at a median of $715/month — about 19.4% of the typical household income here.
Rent vs. Own
At $715/month rent versus $546/month in owner costs, owning is roughly $169/month cheaper — a 24% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,600/year. For owner costs at the 28% rule, the required income is roughly $23,400/year. With a median household income of $44,164, most households can comfortably afford rent here. Notably, 27.0% of renter households in Lawrence County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Jackson County where rent averages $662/month, Lawrence County is approximately 8% more expensive.
Affordability Calculator
See how your income compares to housing costs in Lawrence County
Rent Burden
19.4%
of gross income
Max Housing (28% Rule)
$1,030
per month
Owner Cost Burden
14.8%
of gross income
You can likely afford the median home in Lawrence County
Median home value is $91,100. Estimated monthly cost: $727 vs. your max of $1,030.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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 (2019-2023) — Informational only. Not financial or legal advice.
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