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Cost of Living in Texarkana, AR

Population 29,177 · Census ACS 2020–2024 5-year estimates

Median rent$909
Median home value$170,200
Median household income$45,835

The median rent in Texarkana, AR is $909/month, 4% lower than the Arkansas median and 36% lower than the U.S. median. The median home value is $170,200, 49% lower than the national median. Households earn a median of $45,835 a year, 25% lower than the state median.

Affordability

Rent as a share of median income: 23.8%
Income needed for median rent (30% rule): $36,360/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $861/mo

Run your own numbers: mortgage calculator · hourly to salary

Texarkana vs. Arkansas vs. U.S.

TexarkanaArkansasU.S.
Median rent$909$947$1,413
Median home value$170,200$188,000$332,700
Median household income$45,835$60,773$80,734
Homeownership rate54.7%66.4%65.2%
Bachelor's degree or higher15.4%25.7%35.7%
Poverty rate25.8%16.0%12.5%
Unemployment rate7.5%4.9%5.2%
Work from home3.5%8.8%15.1%
Median age37.638.538.9

FAQ

What is the average rent in Texarkana, AR?

The median gross rent in Texarkana, AR is $909 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $36,360 a year in gross income.

Is Texarkana, AR expensive to live in?

Rent there is 36% lower than the U.S. median, and the median home costs about 3.7 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

Lima, OHRent $903 · Income $46,240Huntington, WVRent $912 · Income $45,100Dayton, OHRent $918 · Income $45,247Bowling Green, OHRent $897 · Income $45,154Asheboro, NCRent $906 · Income $47,197Muncie, INRent $904 · Income $44,471

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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