Cost of Living in Morrilton, AR
Population 7,022 · Arkansas · Data vintage 2023
(100 = US avg)
At $38,056, median household incomes in Morrilton land roughly 49% below the US median, a gap that tends to persist across local labor-market indicators. At 13.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Morrilton is about 35 miles northwest 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 32% lower than Little Rock's $221,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Morrilton
The median home value in Morrilton is $150,900 — 51% below the national median of $305,000. Median rent runs $623/month, 53% lower than the national median of $1,314/month. The median household income of $38,056/year is 49% lower than the US median of $74,580. The local unemployment rate is 13.3%, 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, Morrilton has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.
Morrilton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 Morrilton, AR?
Morrilton has a cost index of 49 (100 = national average). It is 51% below the national average.
What is average rent in Morrilton, AR?
The median gross rent in Morrilton is $623 per month based on 2023 Census data.
What is the average home price in Morrilton?
The median home value in Morrilton is $150,900 according to Zillow and Census data.
What is the median income in Morrilton?
The median household income in Morrilton is $38,056 per year (2023 ACS 5-year estimates).
What is the sales tax in Morrilton, AR?
The combined state and local sales tax rate in Morrilton is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Morrilton, AR affordable?
Yes, Morrilton is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.
Morrilton at a Glance
- Population
- 7,022
- Median Income
- $38,056
- Home Value
- $150,900
- Median Rent
- $623/mo
- Unemployment
- 13.3%
- Sales Tax
- 9.5%
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Arkansas Rankings
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