Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Economy area can be challenging. Home prices in Economy are now at a median cost of $124,764, lower than the Arkansas average of $160,541.
The average cost of rent is $773/mo in Economy, primarily driven by the current value of real estate in the Economy area. While nearly 60.09% of residents own their homes outright in Economy, 19.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Economy is $5,095 per month. Households that rent pay about 15.17% of their income on rent here. Economy's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Atkins, AR: higher priced homes
- Old Hickory, AR: equally priced homes
- Happy Bend, AR: higher priced homes
- Moreland, AR: higher priced homes
- Worthen, AR: higher priced homes
- Kenwood, AR: less expensive homes
- Robertsville, AR: less expensive homes
- Hattieville, AR: equally priced homes
- Jerusalem, AR: less expensive homes
- Pottsville, AR: higher priced homes
Cities with Similar Populations
- Stevensville, VT: higher priced homes
- Sprague, AL: higher priced homes
- Spring Hill, PA: higher priced homes
- Springbrook, ND: higher priced homes
- Springfield Center, NY: higher priced homes
- St. Joseph, PA: higher priced homes
- St. Leo, MN: higher priced homes
- St. Marks, KS: higher priced homes
- Starr School, MT: higher priced homes
- State Line, LA: equally priced homes
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