Cost of Living in Gibson, AR

Population 4,141 · Arkansas · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gibson sits on the smaller end of the Arkansas city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 11.3% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Gibson sits roughly 14 miles northeast of Little Rock. Median home values run roughly 32% lower than Little Rock's $221,000.

Cost Overview

Housing 49
Rent 101

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Gibson

The median home value in Gibson is $150,300 — 51% below the national median of $305,000. Median rent runs $1,321/month, 1% higher than the national median of $1,314/month. The median household income of $62,194/year is 17% lower than the US median of $74,580. The local unemployment rate is 11.3%, 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, Gibson has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$150,300
51% below avg
Median Rent
$1,321/mo
1% above avg
Price-to-Rent Ratio
9.5x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$638
1 BR
$684
2 BR
$848
3 BR
$1,151
4 BR
$1,256
Owner-occupied 76.9%
Renter-occupied 23.1%

💰 Estimated Monthly Budget

Rent median rent
$1,321
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,935/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.8 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.2%

Commute Mode

Drove alone
79.0%
Carpooled
6.2%
Work from home
6.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 4.4%
Total Sales Tax 9.5%
State rate 6.5%
Avg local rate 3.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$62,194
17% below avg
Per Capita Income
$27,868
Unemployment Rate
11.3%
135% above avg
Poverty Rate
8.2%
Labor Force Participation
58.0%

🎓 Education

Bachelor's degree+ 17.3%
Graduate degree 3.0%

👥 Demographics

Median Age 38.4
Male median age 38.9
Female median age 37.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 55 — Moderate
33.4%
Good air days/yr
174
Max AQI recorded
305
PM2.5 days
60
Ozone days

Frequently Asked Questions

What is the cost of living in Gibson, AR?

Gibson has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Gibson, AR?

The median gross rent in Gibson is $1,321 per month based on 2023 Census data.

What is the average home price in Gibson?

The median home value in Gibson is $150,300 according to 2023 Census ACS data.

What is the median income in Gibson?

The median household income in Gibson is $62,194 per year (2023 ACS 5-year estimates).

What is the sales tax in Gibson, AR?

The combined state and local sales tax rate in Gibson is 9.5%. The Arkansas state income tax top rate is 4.4%.

Is Gibson, AR affordable?

Yes, Gibson is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

Gibson at a Glance

Population
4,141
Median Income
$62,194
Home Value
$150,300
Median Rent
$1,321/mo
Unemployment
11.3%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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