Cost of Living in Texarkana, AR
Population 29,343 · Arkansas · Data vintage 2023
(100 = US avg)
Texarkana's median household income of $47,930 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (22% here). Unemployment has stayed elevated relative to the national figure — 7.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 70 miles north of Shreveport, Texarkana is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 9% lower than Shreveport's $178,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Texarkana
The median home value in Texarkana is $162,700 — 47% below the national median of $305,000. Median rent runs $893/month, 32% lower than the national median of $1,314/month. The median household income of $47,930/year is 36% lower than the US median of $74,580. The local unemployment rate is 7.5%, 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%. The climate averages highs of 74.3°F and lows of 53.7°F. Overall, Texarkana has a cost of living index of 59 versus the US average of 100, meaning it is 41% 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 54 | 58 | 67 | 75 | 82 | 89 | 93 | 93 | 86 | 76 | 64 | 56 |
| Low °F | 35 | 38 | 45 | 53 | 62 | 69 | 72 | 71 | 65 | 54 | 44 | 37 |
| Precip" | 3.64 | 4.28 | 4.45 | 4.43 | 5.10 | 3.92 | 3.37 | 2.98 | 3.60 | 4.51 | 3.91 | 4.68 |
Frequently Asked Questions
What is the cost of living in Texarkana, AR?
Texarkana has a cost index of 59 (100 = national average). It is 41% below the national average.
What is average rent in Texarkana, AR?
The median gross rent in Texarkana is $893 per month based on 2023 Census data.
What is the average home price in Texarkana?
The median home value in Texarkana is $162,700 according to Zillow and Census data.
What is the median income in Texarkana?
The median household income in Texarkana is $47,930 per year (2023 ACS 5-year estimates).
What is the sales tax in Texarkana, AR?
The combined state and local sales tax rate in Texarkana is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Texarkana, AR affordable?
Yes, Texarkana is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.
What is the weather like in Texarkana?
Texarkana has average high temperatures of 74.3°F and average lows of 53.7°F. Annual precipitation is 48.9". Data from NOAA 1991–2020 Climate Normals.
Texarkana at a Glance
- Population
- 29,343
- Median Income
- $47,930
- Home Value
- $162,700
- Median Rent
- $893/mo
- Unemployment
- 7.5%
- Avg High Temp
- 74.3°F
- Sales Tax
- 9.5%
Explore county-level cost of living data
Arkansas Rankings
Similar Cost Cities
Cities in other states with comparable housing costs