Quick facts: Imboden, AR

Quick Facts

92.7
Cost of Living
below US average
634
Population
323.34
Crime Rate per 1000
above US average
$39,145
Median Income
below US average
$219,000
Median House Price
above US average
$1228
Average Rent
below US average
18%
Poverty Rate
above US average
4.2%
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 $39,145.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $219,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $39,145
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Income Needed to Rent

⚠ Stretch
$53k/year
Based on $1228/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $53k vs median $39,145
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Imboden, AR

Imboden is a small city located in Lawrence County in the northeastern part of Arkansas. With a population of around 1,000 residents, it is known for its tight-knit community and friendly atmosphere. The city is situated at the junction of U.S. Highway 63 and Arkansas Highway 115, making it easily accessible. Imboden celebrates its rich history, featuring several historical buildings and sites. The area is also characterized by its scenic beauty, with nearby rivers and parks providing opportunities for outdoor recreation, including fishing, hiking, and camping. Community events, such as local festivals and gatherings, contribute to the vibrant culture of Imboden. Although small, the city has essential amenities, including schools, shops, and restaurants, offering a small-town charm combined with the convenience of necessary services. Imboden's rural setting and community spirit make it an inviting place for both residents and visitors looking for a quiet escape in Arkansas.

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