Cost of Living in Ozark, AR

Population 3,555 · 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

Ozark is a smaller Arkansas community of around 4000 residents, where median household incomes of $49,283 and housing costs ($125,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 9.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Ozark lies roughly 100 miles northwest of the nearest major metro, Little Rock — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 43% lower than Little Rock's $221,000.

Cost Overview

Housing 41
Rent 55

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

About the Cost of Living in Ozark

The median home value in Ozark is $125,100 — 59% below the national median of $305,000. Median rent runs $726/month, 45% lower than the national median of $1,314/month. The median household income of $49,283/year is 34% lower than the US median of $74,580. The local unemployment rate is 9.9%, 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, Ozark has a cost of living index of 47 versus the US average of 100, meaning it is 53% less expensive.

🏠 Housing

Median Home Value
$125,100
59% below avg
Zillow Home Value
$120,090
Zillow ZHVI
Median Rent
$726/mo
45% below avg
Price-to-Rent Ratio
14.4x
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 45.0%
Renter-occupied 55.0%

💰 Estimated Monthly Budget

Rent median rent
$726
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,340/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.0%

Commute Mode

Drove alone
73.5%
Carpooled
21.7%
Walked
0.2%
Work from home
2.0%

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
$49,283
34% below avg
Per Capita Income
$21,995
Unemployment Rate
9.9%
106% above avg
Poverty Rate
15.9%
Labor Force Participation
50.5%

🎓 Education

Bachelor's degree+ 3.0%
Graduate degree 5.3%

👥 Demographics

Median Age 35.9
Male median age 35.4
Female median age 38.4

Frequently Asked Questions

What is the cost of living in Ozark, AR?

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

What is average rent in Ozark, AR?

The median gross rent in Ozark is $726 per month based on 2023 Census data.

What is the average home price in Ozark?

The median home value in Ozark is $125,100 according to Zillow and Census data.

What is the median income in Ozark?

The median household income in Ozark is $49,283 per year (2023 ACS 5-year estimates).

What is the sales tax in Ozark, AR?

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

Is Ozark, AR affordable?

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

Ozark at a Glance

Population
3,555
Median Income
$49,283
Home Value
$125,100
Median Rent
$726/mo
Unemployment
9.9%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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