Housing costs in Fairfield Bay?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 21.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Fairfield Bay costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$840.
Can I afford Fairfield Bay?
To live comfortably in Fairfield Bay (zip 72088), Arkansas, a minimum annual income of
$27,360 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Fairfield Bay?
Living in Fairfield Bay, Arkansas is very affordable. The median home price is around $80,000, and the cost of living index is lower than the national average. In addition to being able to purchase a home at an affordable price, residents also enjoy low tax rates. Sales taxes are 6.5%, while other taxes such as income and property taxes are much lower than what they would be in other parts of the country. As a result, individuals and families who move to Fairfield Bay can enjoy all the benefits of living in Arkansas without breaking the bank.