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Cost of Living in Hempstead County, AR

Population 19,508 · Census ACS 2020–2024 5-year estimates

Median rent$815
Median home value$105,700
Median household income$46,787

The median rent in Hempstead County, AR is $815/month, 14% lower than the Arkansas median and 42% lower than the U.S. median. The median home value is $105,700, 68% lower than the national median. Households earn a median of $46,787 a year, 23% lower than the state median.

Affordability

Rent as a share of median income: 20.9%
Income needed for median rent (30% rule): $32,600/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $534/mo

Run your own numbers: mortgage calculator · hourly to salary

Hempstead County vs. Arkansas vs. U.S.

Hempstead CountyArkansasU.S.
Median rent$815$947$1,413
Median home value$105,700$188,000$332,700
Median household income$46,787$60,773$80,734
Homeownership rate71.7%66.4%65.2%
Bachelor's degree or higher16.3%25.7%35.7%
Poverty rate20.2%16.0%12.5%
Unemployment rate5.6%4.9%5.2%
Work from home3.9%8.8%15.1%
Median age41.238.538.9

FAQ

What is the average rent in Hempstead County, AR?

The median gross rent in Hempstead County, AR is $815 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $32,600 a year in gross income.

Is Hempstead County, AR expensive to live in?

Rent there is 42% 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

Brooks County, GARent $809 · Income $46,807Martinsville city, VARent $808 · Income $46,727Anson County, NCRent $814 · Income $47,302Hardeman County, TNRent $812 · Income $46,069Halifax County, NCRent $813 · Income $45,590Clarke County, MSRent $801 · Income $46,108

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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