Cost of Living in Lonoke, AR

Population 4,260 · Arkansas · Data vintage 2023

49
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 Lonoke a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $124,000. Unemployment has stayed elevated relative to the national figure — 12.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Lonoke is about 25 miles east of Little Rock, the nearest large metro. Median home values run roughly 44% lower than Little Rock's $221,000.

Cost Overview

Housing 41
Rent 60

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

About the Cost of Living in Lonoke

The median home value in Lonoke is $123,700 — 59% below the national median of $305,000. Median rent runs $794/month, 40% lower than the national median of $1,314/month. The median household income of $49,323/year is 34% 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, Lonoke has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$123,700
59% below avg
Zillow Home Value
$205,662
Zillow ZHVI
Median Rent
$794/mo
40% below avg
Price-to-Rent Ratio
13.0x
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 77.0%
Renter-occupied 23.0%

💰 Estimated Monthly Budget

Rent median rent
$794
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,408/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.0%

Commute Mode

Drove alone
76.6%
Carpooled
19.4%
Work from home
4.0%

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
$49,323
34% below avg
Per Capita Income
$33,904
Unemployment Rate
12.6%
162% above avg
Poverty Rate
15.8%
Labor Force Participation
58.4%

🎓 Education

Bachelor's degree+ 8.4%
Graduate degree 5.8%

👥 Demographics

Median Age 39.8
Male median age 39.2
Female median age 40.6

Frequently Asked Questions

What is the cost of living in Lonoke, AR?

Lonoke has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in Lonoke, AR?

The median gross rent in Lonoke is $794 per month based on 2023 Census data.

What is the average home price in Lonoke?

The median home value in Lonoke is $123,700 according to Zillow and Census data.

What is the median income in Lonoke?

The median household income in Lonoke is $49,323 per year (2023 ACS 5-year estimates).

What is the sales tax in Lonoke, AR?

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

Is Lonoke, AR affordable?

Yes, Lonoke is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

Lonoke at a Glance

Population
4,260
Median Income
$49,323
Home Value
$123,700
Median Rent
$794/mo
Unemployment
12.6%
Sales Tax
9.5%
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