Housing costs in Mount Vernon?
A typical home costs
$174,800, which is 48.3% less expensive than the national average of
$338,100 and 3.9% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Mount Vernon costs
$850 per month, which is 1.2% more than the national average of
$840 and 8.2% cheaper than the state average of
$920.
Can I afford Mount Vernon?
To live comfortably in Mount Vernon (zip 72111), Arkansas, a minimum annual income of
$33,480 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Mount Vernon?
The cost of living in 72111 Mount Vernon, AR is quite low compared to many other cities and states across the United States. The median household income for the zip code is approximately $31,000, which leaves plenty of room for budget-minded families and individuals to stretch their dollars further. The average cost of a three-bedroom home is just under $100,000, while the median rent price is around $585. Utilities such as electricity and water are relatively affordable as well. Sales taxes are slightly higher than average at 9%, but this should not be a burden for most people. Overall, Mount Vernon offers an extremely good value for those wishing to live in a small town with friendly neighbors and an easy pace of life.