MyNeighborhood

Can you afford to live in FAYETTEVILLE?

Median household income, home values and rent in FAYETTEVILLE, AR — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in FAYETTEVILLE.

Median household income: $59,074 — +49.8% since 2015 (not adjusted for inflation)

Median gross rent: $1,003/mo — +40.9% since 2015

Median home value, 2015 to 2023

  • 2015: 183700
  • 2023: 322500

Median household income

  • FAYETTEVILLE: 59074
  • Washington County: 66426
  • AR: 58773
  • U.S.: 78538

Median gross rent

  • FAYETTEVILLE: 1003
  • Washington County: 1005
  • AR: 914
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.0% — U.S.: 30.2%

What it means

The typical household here earns $59,074 — notably lower than the national figure of $78,538.

The typical renter here spends 30.0% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+49.8% versus +40.9%), before adjusting for inflation.

Sources

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