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Cost of Living in Russellville, AR

Population 29,162 · Census ACS 2020–2024 5-year estimates

Median rent$842
Median home value$172,400
Median household income$50,877

The median rent in Russellville, AR is $842/month, 11% lower than the Arkansas median and 40% lower than the U.S. median. The median home value is $172,400, 48% lower than the national median. Households earn a median of $50,877 a year, 16% lower than the state median.

Affordability

Rent as a share of median income: 19.9%
Income needed for median rent (30% rule): $33,680/yr
Home price-to-income ratio: 3.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $872/mo

Run your own numbers: mortgage calculator · hourly to salary

Russellville vs. Arkansas vs. U.S.

RussellvilleArkansasU.S.
Median rent$842$947$1,413
Median home value$172,400$188,000$332,700
Median household income$50,877$60,773$80,734
Homeownership rate55.4%66.4%65.2%
Bachelor's degree or higher28.8%25.7%35.7%
Poverty rate20.8%16.0%12.5%
Unemployment rate5.9%4.9%5.2%
Work from home5.1%8.8%15.1%
Median age30.638.538.9

FAQ

What is the average rent in Russellville, AR?

The median gross rent in Russellville, AR is $842 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,680 a year in gross income.

Is Russellville, AR expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 3.4 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

Decatur, ILRent $845 · Income $51,592Paducah, KYRent $834 · Income $49,915Muskogee, OKRent $858 · Income $50,213Barberton, OHRent $848 · Income $52,267Altoona, PARent $819 · Income $51,250Sedalia, MORent $877 · Income $50,990

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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