Cost of Living in Scott County, Arkansas

$736/mo
Median Monthly Rent
$110,900
Median Home Value
3% below state averageUnaffordable

At a Glance

Median Monthly Rent
$736/mo
3% below state average
Median Home Value
$110,900
61% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

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

Affordability Rating
Unaffordable
Rent over 50% of income

How Scott County Compares

Median monthly rent comparison

Scott County$736/mo
Arkansas Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$736/mo
Median Gross Rent
$110,900
Median Home Value
$494/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Scott County, Arkansas

Scott County renters strain above national norms

Scott County renters spend 19.2% of income on housing, exceeding the national average and approaching the threshold where affordability becomes financially precarious. This elevated ratio reflects limited local earnings relative to rental costs in the county.

Scott ranks near Arkansas's affordability ceiling

At 19.2%, Scott County's rent-to-income ratio exceeds the state average of 18.1%, placing it among the state's least affordable counties. The median rent of $736 paired with the lowest median household income ($45,955) in this analysis creates real housing pressure.

High rent relative to lower local incomes

Scott County's $736 rent sits between Polk ($699) and Pope ($855), but its $45,955 median income is the lowest here—creating the worst affordability balance. Residents would find relief moving to Prairie ($637 rent, $51,094 income) or Randolph ($671 rent, $52,838 income).

Housing consumes excessive share of income

Scott County households earn just $45,955 annually, with renters paying $736/month (19.2% of income) and homeowners $494/month (12.9%). The rent burden cuts deepest here, leaving limited resources for other necessities compared to neighboring counties with similar rents but higher incomes.

Scott County: weigh costs carefully

If considering Scott County, scrutinize the numbers: median rent of $736 on just $45,955 income strains budgets significantly. Compare to nearby Polk County ($699 rent, $49,252 income) or Randolph ($671 rent, $52,838 income) to see where your paycheck stretches further.

Affordability Calculator

See how your income compares to housing costs in Scott County

$

Rent Burden

19.2%

of gross income

Max Housing (28% Rule)

$1,072

per month

Owner Cost Burden

12.9%

of gross income

You can likely afford the median home in Scott County

Median home value is $110,900. Estimated monthly cost: $885 vs. your max of $1,072.

Rent Affordability Guide

Your rent-to-income ratio19.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Scott County, Arkansas?
Scott County, Arkansas has a median monthly rent of $736/mo and a median home value of $110,900. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Scott County?
The median gross rent in Scott County is $736/mo. This is 3% below state average for Arkansas.
Is Scott County affordable?
Scott County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Scott County's rent compare to the state average?
Scott County's median rent of $736/mo is 3% below state average of $760/mo for Arkansas.
What is the median home value in Scott County?
The median home value in Scott County, Arkansas is $110,900. This is 61% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Scott County, Arkansas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Scott County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.