Cost of Living in Piggott, AR

Population 3,589 · Arkansas · Data vintage 2023

45
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 Piggott a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $112,000. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Piggott lies roughly 90 miles north of the nearest major metro, Memphis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 29% lower than Memphis' $157,000.

Cost Overview

Housing 37
Rent 58

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

About the Cost of Living in Piggott

The median home value in Piggott is $111,900 — 63% below the national median of $305,000. Median rent runs $760/month, 42% lower than the national median of $1,314/month. The median household income of $49,306/year is 34% lower than the US median of $74,580. The local unemployment rate is 3.0%, 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, Piggott has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.

🏠 Housing

Median Home Value
$111,900
63% below avg
Zillow Home Value
$213,254
Zillow ZHVI
Median Rent
$760/mo
42% below avg
Price-to-Rent Ratio
12.3x
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 55.8%
Renter-occupied 44.2%

💰 Estimated Monthly Budget

Rent median rent
$760
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,374/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
23.5 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.5%

Commute Mode

Drove alone
77.2%
Carpooled
12.4%
Walked
3.7%
Work from home
2.5%

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
$49,306
34% below avg
Per Capita Income
$26,054
Unemployment Rate
3.0%
38% below avg
Poverty Rate
18.7%
Labor Force Participation
59.2%

🎓 Education

Bachelor's degree+ 11.6%
Graduate degree 5.5%

👥 Demographics

Median Age 36.5
Male median age 33.6
Female median age 39.6

Frequently Asked Questions

What is the cost of living in Piggott, AR?

Piggott has a cost index of 45 (100 = national average). It is 55% below the national average.

What is average rent in Piggott, AR?

The median gross rent in Piggott is $760 per month based on 2023 Census data.

What is the average home price in Piggott?

The median home value in Piggott is $111,900 according to Zillow and Census data.

What is the median income in Piggott?

The median household income in Piggott is $49,306 per year (2023 ACS 5-year estimates).

What is the sales tax in Piggott, AR?

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

Is Piggott, AR affordable?

Yes, Piggott is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.

Piggott at a Glance

Population
3,589
Median Income
$49,306
Home Value
$111,900
Median Rent
$760/mo
Unemployment
3.0%
Sales Tax
9.5%
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Explore county-level cost of living data

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