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Cost of Living in Centerton, AR

Population 21,920 · Census ACS 2020–2024 5-year estimates

Median rent$1,465
Median home value$338,500
Median household income$115,713

The median rent in Centerton, AR is $1,465/month, 55% higher than the Arkansas median and 4% higher than the U.S. median. The median home value is $338,500, about the same as the national median. Households earn a median of $115,713 a year, 90% higher than the state median.

Affordability

Rent as a share of median income: 15.2%
Income needed for median rent (30% rule): $58,600/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,712/mo

Run your own numbers: mortgage calculator · hourly to salary

Centerton vs. Arkansas vs. U.S.

CentertonArkansasU.S.
Median rent$1,465$947$1,413
Median home value$338,500$188,000$332,700
Median household income$115,713$60,773$80,734
Homeownership rate65.6%66.4%65.2%
Bachelor's degree or higher42.2%25.7%35.7%
Poverty rate5.5%16.0%12.5%
Unemployment rate1.9%4.9%5.2%
Work from home17.3%8.8%15.1%
Median age32.438.538.9

FAQ

What is the average rent in Centerton, AR?

The median gross rent in Centerton, AR is $1,465 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Centerton, AR?

Using the common 30% rule, renting a median-priced home takes about $58,600 a year in gross income.

Is Centerton, AR expensive to live in?

Rent there is 4% higher than the U.S. median, and the median home costs about 2.9 times the median household income.

Other cities in Arkansas

Little Rock, ARRent $1,106 · Income $63,003Fayetteville, ARRent $1,065 · Income $62,695Fort Smith, ARRent $884 · Income $54,816Springdale, ARRent $1,071 · Income $69,787Jonesboro, ARRent $956 · Income $55,424Rogers, ARRent $1,270 · Income $86,728

Cities with a similar cost of living

Grayslake, ILRent $1,485 · Income $113,972Old Bridge, NJRent $1,459 · Income $111,996Catalina Foothills, AZRent $1,412 · Income $115,304Avon Lake, OHRent $1,537 · Income $115,567Beavercreek, OHRent $1,457 · Income $110,088North Attleborough Town, MARent $1,509 · Income $112,665

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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