Cost of Living in McGehee, AR

Population 3,744 · Arkansas · Data vintage 2023

39
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in McGehee run well below national norms — a median of $33,679 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $93,000). The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.

Geographically, McGehee lies roughly 95 miles southeast of the nearest major metro, Little Rock. Median home values run roughly 58% lower than Little Rock's $221,000.

Cost Overview

Housing 30
Rent 53

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

About the Cost of Living in McGehee

The median home value in McGehee is $93,000 — 70% below the national median of $305,000. Median rent runs $695/month, 47% lower than the national median of $1,314/month. The median household income of $33,679/year is 55% lower than the US median of $74,580. The local unemployment rate is 1.1%, 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%. The climate averages highs of 74.5°F and lows of 53.6°F. Overall, McGehee has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.

🏠 Housing

Median Home Value
$93,000
70% below avg
Zillow Home Value
$179,329
Zillow ZHVI
Median Rent
$695/mo
47% below avg
Price-to-Rent Ratio
11.2x
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 51.0%
Renter-occupied 49.0%

💰 Estimated Monthly Budget

Rent median rent
$695
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,309/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
17.9 min
34% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.6%

Commute Mode

Drove alone
84.7%
Carpooled
11.5%
Walked
1.2%
Work from home
2.6%

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
$33,679
55% below avg
Per Capita Income
$20,928
Unemployment Rate
1.1%
76% below avg
Poverty Rate
36.8%
Labor Force Participation
50.2%

🎓 Education

Bachelor's degree+ 7.9%
Graduate degree 6.7%

👥 Demographics

Median Age 35.6
Male median age 37
Female median age 32.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
74.5°F
Avg Low
53.6°F
Annual Precip
53"
Annual Snowfall
0.7"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 545867758289929287776556
Low °F 343845536270737265534337
Precip" 4.615.035.465.984.743.803.193.002.844.284.255.85
Snow" 0.60.10.00.00.00.00.00.00.00.00.00.0

Frequently Asked Questions

What is the cost of living in McGehee, AR?

McGehee has a cost index of 39 (100 = national average). It is 61% below the national average.

What is average rent in McGehee, AR?

The median gross rent in McGehee is $695 per month based on 2023 Census data.

What is the average home price in McGehee?

The median home value in McGehee is $93,000 according to Zillow and Census data.

What is the median income in McGehee?

The median household income in McGehee is $33,679 per year (2023 ACS 5-year estimates).

What is the sales tax in McGehee, AR?

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

Is McGehee, AR affordable?

Yes, McGehee is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.

What is the weather like in McGehee?

McGehee has average high temperatures of 74.5°F and average lows of 53.6°F. Annual precipitation is 53". Average annual snowfall is 0.7". Data from NOAA 1991–2020 Climate Normals.

McGehee at a Glance

Population
3,744
Median Income
$33,679
Home Value
$93,000
Median Rent
$695/mo
Unemployment
1.1%
Avg High Temp
74.5°F
Sales Tax
9.5%
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