Cost of Living in Wynne, AR

Population 8,220 · Arkansas · Data vintage 2023

49
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Wynne's median household income of $40,102 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 (26% here). At 10.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 45 miles west of Memphis, Wynne falls within that metro's commuting orbit. Median home values run roughly 20% lower than Memphis' $157,000.

Cost Overview

Housing 41
Rent 60

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

About the Cost of Living in Wynne

The median home value in Wynne is $125,300 — 59% below the national median of $305,000. Median rent runs $793/month, 40% lower than the national median of $1,314/month. The median household income of $40,102/year is 46% lower than the US median of $74,580. The local unemployment rate is 10.4%, 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%. The climate averages highs of 72.5°F and lows of 52.8°F. Overall, Wynne has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$125,300
59% below avg
Zillow Home Value
$203,258
Zillow ZHVI
Median Rent
$793/mo
40% below avg
Price-to-Rent Ratio
13.2x
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 57.1%
Renter-occupied 42.9%

💰 Estimated Monthly Budget

Rent median rent
$793
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,407/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
25.1 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
0.6%

Commute Mode

Drove alone
86.4%
Carpooled
12.4%
Walked
0.2%
Work from home
0.6%

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
$40,102
46% below avg
Per Capita Income
$27,657
Unemployment Rate
10.4%
115% above avg
Poverty Rate
26.4%
Labor Force Participation
63.7%

🎓 Education

Bachelor's degree+ 10.7%
Graduate degree 6.7%

👥 Demographics

Median Age 39.1
Male median age 40.2
Female median age 37.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.5°F
Avg Low
52.8°F
Annual Precip
50.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 505463738289919186756253
Low °F 333643526269727164524236
Precip" 3.824.315.105.035.034.104.122.373.054.094.504.88

Frequently Asked Questions

What is the cost of living in Wynne, AR?

Wynne has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in Wynne, AR?

The median gross rent in Wynne is $793 per month based on 2023 Census data.

What is the average home price in Wynne?

The median home value in Wynne is $125,300 according to Zillow and Census data.

What is the median income in Wynne?

The median household income in Wynne is $40,102 per year (2023 ACS 5-year estimates).

What is the sales tax in Wynne, AR?

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

Is Wynne, AR affordable?

Yes, Wynne is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

What is the weather like in Wynne?

Wynne has average high temperatures of 72.5°F and average lows of 52.8°F. Annual precipitation is 50.4". Data from NOAA 1991–2020 Climate Normals.

Wynne at a Glance

Population
8,220
Median Income
$40,102
Home Value
$125,300
Median Rent
$793/mo
Unemployment
10.4%
Avg High Temp
72.5°F
Sales Tax
9.5%
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Explore county-level cost of living data

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