Housing costs in Norphlet?
A typical home costs
$122,800, which is 63.7% less expensive than the national average of
$338,100 and 32.5% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Norphlet 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 Norphlet?
To live comfortably in Norphlet, Arkansas, a minimum annual income of
$23,400 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Norphlet?
Norphlet, AR is known for its laid-back lifestyle and affordable cost of living. The median home value in Norphlet is only $83,200, which is well below the national average of $194,500. Property taxes are also lower than the national average at 1.06%, making it easier to afford homeownership. Other housing costs are low as well with the average rent for a one-bedroom apartment coming in around $525 per month. Grocery prices are also reasonable and utilities tend to be less expensive than in other parts of Arkansas. All these factors make Norphlet an attractive option for anyone looking for a place to live that won’t break the bank.