Cost of Living in Elm Springs, AR
Population 3,000 · Arkansas · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Elm Springs a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $362,000. An unemployment rate of 0.9% points to a labor market well on the tight side of the national distribution.
Geographically, Elm Springs lies roughly 85 miles southwest of the nearest major metro, Springfield. Median home values run roughly 119% higher than Springfield's $165,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Elm Springs
The median home value in Elm Springs is $362,400 — 19% above the national median of $305,000. Median rent runs $908/month, 31% lower than the national median of $1,314/month. The median household income of $112,917/year is 51% higher than the US median of $74,580. The local unemployment rate is 0.9%, below the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. Overall, Elm Springs has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.
Elm Springs has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Elm Springs, AR?
Elm Springs has a cost index of 99 (100 = national average). It is 1% below the national average.
What is average rent in Elm Springs, AR?
The median gross rent in Elm Springs is $908 per month based on 2023 Census data.
What is the average home price in Elm Springs?
The median home value in Elm Springs is $362,400 according to Zillow and Census data.
What is the median income in Elm Springs?
The median household income in Elm Springs is $112,917 per year (2023 ACS 5-year estimates).
What is the sales tax in Elm Springs, AR?
The combined state and local sales tax rate in Elm Springs is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Elm Springs, AR affordable?
Elm Springs is near the national average in terms of cost of living, with an index of 99 (100 = US average).
Elm Springs at a Glance
- Population
- 3,000
- Median Income
- $112,917
- Home Value
- $362,400
- Median Rent
- $908/mo
- Unemployment
- 0.9%
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Arkansas Rankings
Similar Cost Cities
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