Cost of Living in Van Buren, AR

Population 23,545 · Arkansas · Data vintage 2023

60
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 Van Buren a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $178,000. Unemployment has stayed elevated relative to the national figure — 7.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Van Buren lies roughly 90 miles east of the nearest major metro, Broken Arrow. Median home values run roughly 22% lower than Broken Arrow's $229,000.

Cost Overview

Housing 58
Rent 62

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

About the Cost of Living in Van Buren

The median home value in Van Buren is $178,000 — 42% below the national median of $305,000. Median rent runs $820/month, 38% lower than the national median of $1,314/month. The median household income of $59,420/year is 20% lower than the US median of $74,580. The local unemployment rate is 7.4%, 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, Van Buren has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.

🏠 Housing

Median Home Value
$178,000
42% below avg
Zillow Home Value
$204,528
Zillow ZHVI
Median Rent
$820/mo
38% below avg
Zillow Rent
$995/mo
Zillow ZORI
Price-to-Rent Ratio
18.1x
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 62.5%
Renter-occupied 37.5%

💰 Estimated Monthly Budget

Rent median rent
$820
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,434/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
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.3%

Commute Mode

Drove alone
85.1%
Carpooled
9.2%
Public transit
0.0%
Walked
1.6%
Bicycle
0.3%
Work from home
3.3%

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
$59,420
20% below avg
Per Capita Income
$27,863
Unemployment Rate
7.4%
54% above avg
Poverty Rate
16.3%
Labor Force Participation
59.6%

🎓 Education

Bachelor's degree+ 14.5%
Graduate degree 5.3%

👥 Demographics

Median Age 35.8
Male median age 34.4
Female median age 36.8

Frequently Asked Questions

What is the cost of living in Van Buren, AR?

Van Buren has a cost index of 60 (100 = national average). It is 40% below the national average.

What is average rent in Van Buren, AR?

The median gross rent in Van Buren is $820 per month based on 2023 Census data.

What is the average home price in Van Buren?

The median home value in Van Buren is $178,000 according to Zillow and Census data.

What is the median income in Van Buren?

The median household income in Van Buren is $59,420 per year (2023 ACS 5-year estimates).

What is the sales tax in Van Buren, AR?

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

Is Van Buren, AR affordable?

Yes, Van Buren is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.

Van Buren at a Glance

Population
23,545
Median Income
$59,420
Home Value
$178,000
Median Rent
$820/mo
Unemployment
7.4%
Sales Tax
9.5%
View all cities in Arkansas →
🗺️ County data for Arkansas

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