Cost of Living in Huntsville, AR

Population 3,086 · Arkansas · Data vintage 2023

47
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Huntsville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $146,000. Around 20% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Huntsville lies roughly 80 miles south of the nearest major metro, Springfield. Median home values run roughly 11% lower than Springfield's $165,000.

Cost Overview

Housing 48
Rent 45

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

About the Cost of Living in Huntsville

The median home value in Huntsville is $146,300 — 52% below the national median of $305,000. Median rent runs $591/month, 55% lower than the national median of $1,314/month. The median household income of $52,472/year is 30% lower than the US median of $74,580. The local unemployment rate is 2.0%, 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, Huntsville has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$146,300
52% below avg
Zillow Home Value
$255,687
Zillow ZHVI
Median Rent
$591/mo
55% below avg
Price-to-Rent Ratio
20.6x
Favors renting
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 60.8%
Renter-occupied 39.2%

💰 Estimated Monthly Budget

Rent median rent
$591
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,205/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
27.9 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.8%

Commute Mode

Drove alone
84.9%
Carpooled
9.7%
Walked
0.6%
Work from home
4.8%

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
$52,472
30% below avg
Per Capita Income
$26,663
Unemployment Rate
2.0%
58% below avg
Poverty Rate
20.4%
Labor Force Participation
56.0%

🎓 Education

Bachelor's degree+ 8.7%
Graduate degree 4.5%

👥 Demographics

Median Age 34.4
Male median age 34.1
Female median age 34.8

Frequently Asked Questions

What is the cost of living in Huntsville, AR?

Huntsville has a cost index of 47 (100 = national average). It is 53% below the national average.

What is average rent in Huntsville, AR?

The median gross rent in Huntsville is $591 per month based on 2023 Census data.

What is the average home price in Huntsville?

The median home value in Huntsville is $146,300 according to Zillow and Census data.

What is the median income in Huntsville?

The median household income in Huntsville is $52,472 per year (2023 ACS 5-year estimates).

What is the sales tax in Huntsville, AR?

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

Is Huntsville, AR affordable?

Yes, Huntsville is generally considered affordable, with a cost of living index of 47 — about 53% below the US national average of 100.