Cost of Living in Lowell, AR
Population 10,438 · Arkansas · Data vintage 2023
(100 = US avg)
Lowell is a smaller Arkansas community of around 10000 residents, where median household incomes of $92,986 and housing costs ($260,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.8% — below most comparable cities in the state.
Geographically, Lowell lies roughly 80 miles southwest of the nearest major metro, Springfield. Median home values run roughly 57% higher than Springfield's $165,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lowell
The median home value in Lowell is $260,100 — 15% below the national median of $305,000. Median rent runs $1,080/month, 18% lower than the national median of $1,314/month. The median household income of $92,986/year is 25% higher than the US median of $74,580. The local unemployment rate is 1.8%, 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, Lowell has a cost of living index of 84 versus the US average of 100, meaning it is 16% less expensive.
🏠 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 Lowell, AR?
Lowell has a cost index of 84 (100 = national average). It is 16% below the national average.
What is average rent in Lowell, AR?
The median gross rent in Lowell is $1,080 per month based on 2023 Census data.
What is the average home price in Lowell?
The median home value in Lowell is $260,100 according to Zillow and Census data.
What is the median income in Lowell?
The median household income in Lowell is $92,986 per year (2023 ACS 5-year estimates).
What is the sales tax in Lowell, AR?
The combined state and local sales tax rate in Lowell is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Lowell, AR affordable?
Yes, Lowell is generally considered affordable, with a cost of living index of 84 — about 16% below the US national average of 100.
Lowell at a Glance
- Population
- 10,438
- Median Income
- $92,986
- Home Value
- $260,100
- Median Rent
- $1,080/mo
- Unemployment
- 1.8%
- Sales Tax
- 9.5%
Nearby Cities
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Arkansas Rankings
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