Cost of Living in Heber Springs, AR

Population 7,101 · Arkansas · Data vintage 2023

55
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Heber Springs 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.

Heber Springs is about 55 miles northeast of Little Rock, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 31% lower than Little Rock's $221,000.

Cost Overview

Housing 50
Rent 63

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

About the Cost of Living in Heber Springs

The median home value in Heber Springs is $152,900 — 50% below the national median of $305,000. Median rent runs $833/month, 37% lower than the national median of $1,314/month. The median household income of $49,917/year is 33% lower than the US median of $74,580. The local unemployment rate is 5.1%, 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, Heber Springs has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

🏠 Housing

Median Home Value
$152,900
50% below avg
Zillow Home Value
$251,031
Zillow ZHVI
Median Rent
$833/mo
37% below avg
Price-to-Rent Ratio
15.3x
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 65.7%
Renter-occupied 34.3%

💰 Estimated Monthly Budget

Rent median rent
$833
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,447/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
24.7 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
73.8%
Carpooled
13.1%
Walked
0.6%
Work from home
10.8%

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
$49,917
33% below avg
Per Capita Income
$32,618
Unemployment Rate
5.1%
6% above avg
Poverty Rate
15.2%
Labor Force Participation
48.1%

🎓 Education

Bachelor's degree+ 10.5%
Graduate degree 4.6%

👥 Demographics

Median Age 45.9
Male median age 38.2
Female median age 56.4

Frequently Asked Questions

What is the cost of living in Heber Springs, AR?

Heber Springs has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Heber Springs, AR?

The median gross rent in Heber Springs is $833 per month based on 2023 Census data.

What is the average home price in Heber Springs?

The median home value in Heber Springs is $152,900 according to Zillow and Census data.

What is the median income in Heber Springs?

The median household income in Heber Springs is $49,917 per year (2023 ACS 5-year estimates).

What is the sales tax in Heber Springs, AR?

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

Is Heber Springs, AR affordable?

Yes, Heber Springs is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

Heber Springs at a Glance

Population
7,101
Median Income
$49,917
Home Value
$152,900
Median Rent
$833/mo
Unemployment
5.1%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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