Quick facts: North little rock, AR

Quick Facts

92.7
Cost of Living
below US average
64,627
Population
47.32
Crime Rate per 1000
above US average
$49,166
Median Income
below US average
$114,000
Median House Price
above US average
$994.21
Average Rent
below US average
17%
Poverty Rate
above US average
3.9%
Unemployment Rate
below 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 $49,166.

🏠

Income Needed to Buy

βœ“ Affordable
$36k/year
Based on $114,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($49,166) exceeds requirement
🏒

Income Needed to Rent

βœ“ Affordable
$43k/year
Based on $994.21/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($49,166) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for North little rock, AR

North Little Rock is a vibrant city located in Pulaski County, Arkansas, situated just across the Arkansas River from the state's capital, Little Rock. With a population of over 60,000 residents, it serves as an important part of the Little Rock-North Little Rock metropolitan area. The city is known for its rich history, diverse communities, and abundant recreational opportunities. Outdoor enthusiasts can enjoy the scenic features of the Arkansas River Trail, which offers walking, cycling, and stunning views of the river and the city skyline. North Little Rock is home to several parks, including the popular Burns Park, which is one of the largest municipal parks in the United States, offering sports facilities, picnic areas, and nature trails. Cultural attractions include the North Little Rock Community Arts Association and the historic Argenta Arts District, which hosts galleries, theaters, and eateries. The city also features significant landmarks such as the USS Razorback, a World War II submarine-turned-museum located at the riverfront. Overall, North Little Rock offers a unique blend of urban amenities and natural beauty, making it an attractive place to live, work, and visit.

πŸ” Search & Compare Places

First Location πŸ“