Families
Housing Affordability - Owning
Source: U.S. Census Bureau
Housing Affordability - Owning
2015-19
Arkansas County1.9
Ashley County1.7
Baxter County3.2
Benton County2.8
Boone County2.7
Bowie County, Texas2.4
Bradley County2.1
Calhoun County1.5
Carroll County3.0
Chicot County2.0
Clark County2.7
Clay County2.1
Cleburne County2.9
Cleveland County2.1
Columbia County2.3
Conway County2.5
Craighead County3.0
Crawford County2.5
Crittenden County2.9
Cross County1.8
Dallas County1.8
Desha County2.2
Drew County2.1
Faulkner County3.1
Franklin County2.6
Fulton County2.4
Garland County3.1
Grant County2.2
Greene County2.5
Hempstead County1.9
Hot Spring County2.2
Howard County2.7
Independence County2.2
Izard County1.9
Jackson County2.0
Jefferson County2.1
Johnson County2.7
Lafayette County2.0
Lawrence County1.9
Lee County2.5
Lincoln County1.6
Little River County1.7
Logan County2.4
Lonoke County2.4
Madison County2.9
Marion County3.3
Miller County2.5
Mississippi County2.1
Monroe County1.6
Montgomery County2.9
Nevada County1.7
Newton County3.0
Ouachita County2.1
Perry County2.2
Phillips County2.4
Pike County2.1
Poinsett County1.9
Polk County2.6
Pope County2.9
Prairie County1.6
Pulaski County3.0
Randolph County2.3
Saline County2.4
Scott County2.1
Searcy County2.8
Sebastian County2.7
Sevier County1.8
Sharp County2.3
St. Francis County1.8
Stone County3.2
Union County1.9
Van Buren County2.6
Washington County3.4
White County2.7
Woodruff County2.0
Yell County2.5

Source: U.S. Census Bureau
Notes: Ratio of median home value to median household income. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.







NATIONAL RANKING
9

OUT OF 51
2015-19

STATE TREND

Maintaining


2.7

2015-19

What does this measure?

The median home value divided by the median household income, adjusted for inflation.

Why is this important?

The ratio provides a rough estimate of the affordability of homes in a community. A ratio less than 2 or 3 is generally considered affordable.

How is Arkansas doing?

In 2015-19, the state's housing affordability ratio was 2.7, up from 2.1 in 2000 but less than the national ratio of 3.5. This makes Arkansas 9th in the nation for this indicator. This did not vary substantially across racial and ethnic groups, nor by gender. Within the state, homes were the least affordable in Washington County (with a ratio of 3.4) and Marion County, (3.3), and most affordable in Calhoun County at 1.5.

Notes about the data

The multiyear figures are from the Census Bureau's American Community Survey. The bureau combined 5 years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas. CGR has noted on data tables the estimates with relatively large margins of error. Estimates with 3 asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator is expected to be released annually in December.




Source: U.S. Census Bureau


Housing Affordability - Owning
20002010-142015-19
Arkansas2.12.62.7

Source: U.S. Census Bureau
Notes: Ratio of median home value to median household income. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.






Source: U.S. Census Bureau


Housing Affordability - Owning by Gender
FemaleMale
Arkansas2.62.4

Source: U.S. Census Bureau









INDICATORS TREND | STATE
Access to Quality Seats for Infants and Toddlers Not Applicable
Access to Quality Childcare Seats for Preschoolers Not Applicable
Grade 3 Reading Not Applicable
Grade 8 Math Not Applicable
Graduation Rate Not Applicable
Remediation Rate Not Applicable
Adults with a High School Degree Not Applicable
Adults with a Bachelor's Degree or Higher Not Applicable
Adults Pursuing Further Education Not Applicable
Infant Mortality Not Applicable
Early Prenatal Care Not Applicable
Overweight or Obese Students Not Applicable
Student Drug Usage Not Applicable
Overweight or Obese Adults Not Applicable
Physically Inactive Adults Not Applicable
Smoking Rate Not Applicable
Flouridated Water Not Applicable
Insurance Coverage Rates Not Applicable
Oral Health Not Applicable
Life Expectancy Not Applicable
Routine Check-ups Not Applicable
Births to Teens Not Applicable
Female-headed Households Not Applicable
Children Living in Poverty Not Applicable
People Living in Poverty Not Applicable
Elderly Living in Poverty Not Applicable
Median Household Income Not Applicable
Unemployment Rate Not Applicable
Homeownership Rate Not Applicable
Child Abuse and Neglect Not Applicable
Access to Financial Services Not Applicable
Food Insecurity Not Applicable
Incarceration Rate Not Applicable
Homelessness Not Applicable
Change in Total Jobs Not Applicable
Housing Affordability - Owning Not Applicable
Housing Affordability - Renting Not Applicable
Households Below ALICE Threshold Not Applicable
Voter Participation Rate Not Applicable
Charitable Giving Not Applicable
Volunteering Not Applicable
Group Participation Not Applicable
Connection to Neighbors Not Applicable
Local Voting Not Applicable
Change in Population Not Applicable
Change in Population by Race/Ethnicity Not Applicable
Change in Population by Age Not Applicable
Adults with a High School Degree Not Applicable
Adults with a Bachelor's Degree or Higher Not Applicable
Female-headed Households Not Applicable
Children Living in Poverty Not Applicable
People Living in Poverty Not Applicable
Elderly Living in Poverty Not Applicable
Median Household Income Not Applicable
Unemployment Rate Not Applicable
Homeownership Rate Not Applicable
Incarceration Rate Not Applicable
Change in Population by Race/Ethnicity Not Applicable


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