Quick facts: Ashdown, AR

Quick Facts

92.7
Cost of Living
below US average
4,173
Population
27.56
Crime Rate per 1000
above US average
$60,909
Median Income
below US average
$189,000
Median House Price
above US average
$700.0
Average Rent
below US average
20%
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 $60,909.

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Income Needed to Buy

βœ“ Affordable
$59k/year
Based on $189,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($60,909) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$30k/year
Based on $700.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($60,909) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Ashdown, AR

Ashdown is a small city nestled in southwestern Arkansas, primarily known for its charming atmosphere and tight-knit community. It serves as the county seat of Little River County and is located near the borders of Texas and Oklahoma. The city has a rich history and is recognized for its scenic landscapes, including nearby parks and natural areas. With a population of around 5,000 residents, Ashdown offers a friendly, laid-back vibe ideal for families and individuals seeking a quieter lifestyle. The local economy is primarily driven by agriculture, manufacturing, and retail, reflecting the area's rural roots. Outdoor enthusiasts can enjoy activities in the nearby Cossatot River State Park or explore the picturesque surroundings of the Ouachita Mountains. For those interested in local culture, Ashdown hosts several annual events and festivals that celebrate its community spirit and heritage. Overall, Ashdown, AR, is a welcoming and accessible destination, combining small-town charm with the natural beauty of the Arkansas countryside.

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