Quick facts: Arkadelphia, AR

Quick Facts

92.7
Cost of Living
below US average
10,258
Population
29.34
Crime Rate per 1000
above US average
$37,634
Median Income
below US average
$182,000
Median House Price
above US average
$862.5
Average Rent
below US average
21%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $37,634.

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Income Needed to Buy

βœ— Stretch
$57k/year
Based on $182,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $57k vs median $37,634
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Income Needed to Rent

βœ“ Affordable
$37k/year
Based on $862.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($37,634) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Arkadelphia, AR

Arkadelphia is a charming city located in Clark County, Arkansas. Nestled in the Ouachita Mountains, it presents a picturesque backdrop with lush greenery and natural beauty. With a population of around 10,000 residents, the city offers a tight-knit community vibe while providing access to various amenities. Arkadelphia is home to two universities: Henderson State University and Ouachita Baptist University, which contribute to the local culture and economy. The city boasts a rich history, with several historic sites and buildings that reflect its heritage. Outdoor enthusiasts can enjoy activities at the nearby Ouachita National Forest, which offers opportunities for hiking, fishing, and camping. The city has a vibrant downtown area, featuring unique shops, restaurants, and local businesses. Annual events, such as the Arkadelphia Arts & Crafts Festival, foster community engagement and celebrate local talent. With its blend of educational opportunities, natural beauty, and a friendly atmosphere, Arkadelphia is a delightful place to live, study, or visit.

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