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Faulkner County Housing Market

Arkansas · 75 counties · Ranked #2019 in home value

Below National Avg

Housing at a Glance

Median Home Value

$211,300

vs national$211,300 vs $281,900 national

Median Gross Rent

$980/mo

vs national$980 vs $1,163 national

Effective Tax Rate

0.57%

vs national0.57% vs 1.02% national

Median Household Income

$65,071

vs national$65,071 vs $74,755 national

Affordability Ratio

3.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,201

Tax as % of Home Value

0.57%

Monthly Owner Cost

$1,026

Renter Income

$42,118

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Frequently Asked Questions

What is the median home value in Faulkner County?

The median home value in Faulkner County is $211,300. This is below the national median of $281,900.

How much is rent in Faulkner County?

The median gross rent in Faulkner County is $980 per month.

What is the property tax rate in Faulkner County?

The effective property tax rate in Faulkner County is 0.57%. The median annual property tax bill is $1,201.

Is Faulkner County affordable?

With a home-value-to-income ratio of 3.2x, Faulkner County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.