Cost of Living in Trumann, AR

Population 7,432 · 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

At $38,079, median household incomes in Trumann land roughly 49% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Trumann is about 50 miles northwest of Memphis, the nearest large metro. Median home values run roughly 31% lower than Memphis' $157,000.

Cost Overview

Housing 35
Rent 45

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

About the Cost of Living in Trumann

The median home value in Trumann is $108,000 — 65% below the national median of $305,000. Median rent runs $593/month, 55% lower than the national median of $1,314/month. The median household income of $38,079/year is 49% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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 70.8°F and lows of 51.0°F. Overall, Trumann has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.

🏠 Housing

Median Home Value
$108,000
65% below avg
Zillow Home Value
$132,862
Zillow ZHVI
Median Rent
$593/mo
55% below avg
Price-to-Rent Ratio
15.2x
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 54.9%
Renter-occupied 45.1%

💰 Estimated Monthly Budget

Rent median rent
$593
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,207/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
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.0%

Commute Mode

Drove alone
81.6%
Carpooled
11.9%
Walked
1.8%
Work from home
4.0%

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
$38,079
49% below avg
Per Capita Income
$22,738
Unemployment Rate
3.5%
27% below avg
Poverty Rate
23.2%
Labor Force Participation
57.5%

🎓 Education

Bachelor's degree+ 7.5%
Graduate degree 3.9%

👥 Demographics

Median Age 39.8
Male median age 33.3
Female median age 43.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
70.8°F
Avg Low
51.0°F
Annual Precip
48.5"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475261718190919084746050
Low °F 313441506068727062514033
Precip" 3.523.794.735.155.213.053.693.413.303.814.404.45

Frequently Asked Questions

What is the cost of living in Trumann, AR?

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

What is average rent in Trumann, AR?

The median gross rent in Trumann is $593 per month based on 2023 Census data.

What is the average home price in Trumann?

The median home value in Trumann is $108,000 according to Zillow and Census data.

What is the median income in Trumann?

The median household income in Trumann is $38,079 per year (2023 ACS 5-year estimates).

What is the sales tax in Trumann, AR?

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

Is Trumann, AR affordable?

Yes, Trumann 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 Trumann?

Trumann has average high temperatures of 70.8°F and average lows of 51.0°F. Annual precipitation is 48.5". Data from NOAA 1991–2020 Climate Normals.

Trumann at a Glance

Population
7,432
Median Income
$38,079
Home Value
$108,000
Median Rent
$593/mo
Unemployment
3.5%
Avg High Temp
70.8°F
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

Explore county-level cost of living data

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