Cost of Living in Perry County, Arkansas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Perry County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Perry County ranks #927 of 3,144 counties for affordability (top 29%)
Data Story
About Cost of Living in Perry County, Arkansas
Perry leads Arkansas on affordability
Perry County residents spend just 14.7% of their income on rent—the lowest ratio among all counties examined and well below the national average. With a median household income of $60,078 and rent at $734 monthly, Perry delivers the strongest affordability profile for renters.
Perry outpaces Arkansas's average
Perry's rent-to-income ratio of 14.7% significantly beats Arkansas's 18.1% state average, making it one of the state's most affordable counties. The combination of above-average county income and reasonable rents creates Perry's affordability advantage.
Perry's income advantage shows clearly
Perry's $60,078 median income exceeds all regional neighbors—topping Montgomery ($49,015) by $11,000 and Nevada ($41,761) by $18,000. At $734 rent, Perry residents dedicate a smaller share of their larger paychecks to housing than surrounding counties.
Perry's households breathe easier
Renters pay $734 monthly while homeowners spend $497, with both dedicating roughly 15% of their $60,078 income to housing. This leaves Perry households roughly 3% more of their income for other necessities than the regional average.
Perry: the region's affordability leader
Perry County combines the region's highest median income with solid, below-average rents and the lowest rent-to-income ratio. For relocators seeking genuine affordability alongside earning power, Perry stands out as the region's best value.
Cost of Living Advisory: Perry County
Affordability Verdict
Perry County is affordable for renters, with a median gross rent of $734/month representing approximately 14.7% of median household income. The rent burden (GRAPI) stands at 25.0%.
Rent vs. Own
Renters in Perry County pay $734/month on average, compared to $497/month for homeowners. This market favors buyers by about 32%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $29,360/year. For owner costs at the 28% rule, the required income is roughly $21,300/year. With a median household income of $60,078, most households can comfortably afford rent here. Notably, 25.0% of renter households in Perry County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Perry County sits 7% less expensive than St. Francis County ($791/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in Perry County
Rent Burden
14.7%
of gross income
Max Housing (28% Rule)
$1,402
per month
Owner Cost Burden
9.9%
of gross income
You can likely afford the median home in Perry County
Median home value is $129,300. Estimated monthly cost: $1,032 vs. your max of $1,402.
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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