Counties › Arkansas

Cost of Living in Grant County, AR

Population 18,242 · Census ACS 2020–2024 5-year estimates

Median rent$788
Median home value$161,700
Median household income$71,549

The median rent in Grant County, AR is $788/month, 17% lower than the Arkansas median and 44% lower than the U.S. median. The median home value is $161,700, 51% lower than the national median. Households earn a median of $71,549 a year, 18% higher than the state median.

Affordability

Rent as a share of median income: 13.2%
Income needed for median rent (30% rule): $31,520/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $818/mo

Run your own numbers: mortgage calculator · hourly to salary

Grant County vs. Arkansas vs. U.S.

Grant CountyArkansasU.S.
Median rent$788$947$1,413
Median home value$161,700$188,000$332,700
Median household income$71,549$60,773$80,734
Homeownership rate80.7%66.4%65.2%
Bachelor's degree or higher21.5%25.7%35.7%
Poverty rate13.1%16.0%12.5%
Unemployment rate4.5%4.9%5.2%
Work from home10.3%8.8%15.1%
Median age40.538.538.9

FAQ

What is the average rent in Grant County, AR?

The median gross rent in Grant County, AR is $788 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $31,520 a year in gross income.

Is Grant County, AR expensive to live in?

Rent there is 44% lower than the U.S. median, and the median home costs about 2.3 times the median household income.

Other counties in Arkansas

Pulaski County, ARRent $1,080 · Income $62,873Benton County, ARRent $1,277 · Income $93,506Washington County, ARRent $1,071 · Income $70,639Sebastian County, ARRent $886 · Income $57,790Faulkner County, ARRent $1,005 · Income $67,289Saline County, ARRent $1,033 · Income $79,046

Counties with a similar cost of living

Webster County, MORent $789 · Income $71,155Marshall County, ILRent $782 · Income $71,585Roane County, TNRent $785 · Income $71,885Mahaska County, IARent $793 · Income $70,940Renville County, MNRent $790 · Income $70,625Morgan County, WVRent $794 · Income $72,179

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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