Arkansas · Census, HUD and BEA figures · Updated

Cost of Living in Faulkner County, AR

Prices around Faulkner County, AR run 10.6% below the U.S. average (BEA, the metro area). The typical household there earns $67,289 a year, and HUD puts a two-bedroom at $1,147 a month. Keeping that rent under 30% of income takes about $45,880 a year.

Faulkner County, AR at a glance

Median household income

$67,289$5,607 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$1,147HUD FY2026 Fair Market Rent
Price level (U.S. = 100)89.4-10.6% · BEA, the metro area
Electricity14.1¢per kWh · EIA Residential AR
Population127,717Census ACS 5-year estimate

How much rent can you afford in Faulkner County, AR?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,147Monthly market rent
Share of gross income20.5%Recommended max: 30%
Annual income needed$45,880To meet the 30% standard
Max affordable rent$1,682At 30% of $67,289
0%30% (Affordability standard)100%
Compare against:

How much is rent in Faulkner County, AR? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Little Rock-North Little Rock-Conway, AR HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Faulkner County, AR, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$984$11,808$39,36017.5%
1-Bedroom Apartment$989$11,868$39,56017.6%
2-Bedroom ApartmentBenchmark$1,147$13,764$45,88020.5%
3-Bedroom Home$1,540$18,480$61,60027.5%
4-Bedroom Home$1,822$21,864$72,88032.5%

Rent in Faulkner County, AR, with the wage each unit needs →

What a typical income covers in Faulkner County, AR

The 50/30/20 rule applied to the local median of $67,289 a year ($5,607 a month before tax).

Needs (50%)$2,804/moRent ($1,147 2-BR), utilities (~$127/mo), groceries, transit
Wants (30%)$1,682/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,121/moEmergency fund, retirement, paying down loans

What $67,289 leaves after Arkansas taxes

Federal income tax, Social Security, Medicare and Arkansas tax on the local median income. Change the salary to see yours.

$67,289
$25,000$135,000
Filing status:
Gross salary breakdown$67,289
Net 80%
Fed 9%
AR 3%
FICA 8%
Annual take-home$54,089After all taxes
Monthly deposit$4,507Estimated per month
Biweekly paycheck$2,080Every 2 weeks (26/yr)
Effective tax rate19.6%Total tax burden
Federal income tax$5,974 / yr
Arkansas state income tax$2,079 / yr
FICA (Social Security & Medicare)$5,148 / yr

Living in Faulkner County, AR: common questions

What is the median household income in Faulkner County, AR?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Faulkner County, AR is $67,289 per year (approximately $5,607 per month).

What is the average rent in Faulkner County, AR?

The closest official figure is HUD's Fair Market Rent for 2026: $984 for a studio, $989 for one bedroom, $1,147 for two, $1,540 for three and $1,822 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Faulkner County, AR expensive to live in?

Prices there run 10.6% below the U.S. average. BEA's regional price parity for the metro area is 89.4, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Faulkner County, AR?

To keep a $1,147 two-bedroom under 30% of gross income, a household needs about $45,880 a year, or $3,823 a month. That is 68% of what the typical household in Faulkner County, AR earns.

How much do you need to live comfortably in Faulkner County, AR?

On the local median income of $67,289 ($5,607 a month before tax), the 50/30/20 rule leaves $2,804 a month for needs like rent, utilities and groceries, $1,682 for everything else and $1,121 for savings or debt. A two-bedroom at $1,147 takes 41% of the needs share.

How much is the electric bill in Faulkner County, AR?

Homes in Arkansas paid 14.1¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $127. Your bill depends mostly on heating and cooling.