Housing costs in Ola?
A typical home costs
$98,800, which is 70.8% less expensive than the national average of
$338,100 and 45.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Ola costs
$750 per month, which is 10.7% cheaper than the national average of
$840 and close to the state average of
$740.
Can I afford Ola?
To live comfortably in Ola (zip 72853), Arkansas, a minimum annual income of
$19,080 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Ola?
The cost of living in 72853 Ola, AR is relatively low compared to other cities. Housing costs are especially affordable, with the median home value sitting around $98,000. This is well below the national average of around $200,000. The median household income here is also below the national average at just over $40,000 per year. Additionally, the unemployment rate in this area is slightly above the national average but still within a comfortable range at 6%. All in all, living in 72853 Ola can be quite affordable for families and individuals alike.