Cost of Living in Fordyce, AR
Population 3,320 · Arkansas · Data vintage 2023
(100 = US avg)
Fordyce's median household income of $43,056 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (13% here). At 12.6%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 65 miles south of Little Rock, Fordyce is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 58% lower than Little Rock's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Fordyce
The median home value in Fordyce is $92,500 — 70% below the national median of $305,000. Median rent runs $642/month, 51% lower than the national median of $1,314/month. The median household income of $43,056/year is 42% lower than the US median of $74,580. The local unemployment rate is 12.6%, above 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, Fordyce has a cost of living index of 38 versus the US average of 100, meaning it is 62% less expensive.
Fordyce 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
Frequently Asked Questions
What is the cost of living in Fordyce, AR?
Fordyce has a cost index of 38 (100 = national average). It is 62% below the national average.
What is average rent in Fordyce, AR?
The median gross rent in Fordyce is $642 per month based on 2023 Census data.
What is the average home price in Fordyce?
The median home value in Fordyce is $92,500 according to Zillow and Census data.
What is the median income in Fordyce?
The median household income in Fordyce is $43,056 per year (2023 ACS 5-year estimates).
What is the sales tax in Fordyce, AR?
The combined state and local sales tax rate in Fordyce is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Fordyce, AR affordable?
Yes, Fordyce is generally considered affordable, with a cost of living index of 38 — about 62% below the US national average of 100.
Fordyce at a Glance
- Population
- 3,320
- Median Income
- $43,056
- Home Value
- $92,500
- Median Rent
- $642/mo
- Unemployment
- 12.6%
- Sales Tax
- 9.5%
Nearby Cities
Explore county-level cost of living data
Arkansas Rankings
Similar Cost Cities
Cities in other states with comparable housing costs