Housing costs in Marked Tree?
A typical home costs
$73,400, which is 78.3% less expensive than the national average of
$338,100 and 59.6% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Marked Tree costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 15.1% cheaper than the state average of
$840.
Can I afford Marked Tree?
To live comfortably in Marked Tree, Arkansas, a minimum annual income of
$14,040 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Marked Tree?
The cost of living in Marked Tree, AR is very reasonable compared to other cities. The median home value in the city is $67,900 which is well below the national average of $184,700. In addition to this, the median household income for a family of four in the area is $36,763, which is almost $10,000 lower than the national average. This means that families can still afford a good quality of life in Marked Tree without having to worry about living expenses being too high and eating into their budget. Furthermore, groceries and utilities are also much more affordable in comparison to most areas across the nation with an average monthly grocery bill for a family of four estimated at around $450 and utility bills averaging around $200 per month. All in all, Marked Tree offers residents a great quality of life at an affordable price!