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These days, finding an affordable place to live in the England area can be challenging. Home prices in England are now at a median cost of $119,933, lower than the Arkansas average of $207,061.
The average cost of rent is $822/mo in England, primarily driven by the current value of real estate in the England area. In England, 34.53% of households rent, and 66.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in England is $4,575 per month. Households that rent pay about 17.98% of their income on rent here. England’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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