Housing costs in Valley Springs?
A typical home costs
$165,000, which is 51.2% less expensive than the national average of
$338,100 and 9.2% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Valley Springs 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 Valley Springs?
To live comfortably in Valley Springs (zip 72682), Arkansas, a minimum annual income of
$31,680 for a family, and
$23,600 for a single person is recommended.
What does A.I. say about Valley Springs?
The cost of living in 72682 Valley Springs, AR is relatively low compared to the rest of the state. The median home value is $95,400, which is well below the national average of $184,700. Additionally, the cost of living index for the area is 79.9 out of a possible 100—lower than both the national and state averages—demonstrating that it is an affordable place to live. The local economy is driven by small businesses and agriculture, and this helps to keep prices reasonable for goods and services. Utilities are also quite affordable due to a mixture of renewable energy resources such as wind and solar alongside traditional electricity sources like coal-fired power plants. All in all, Valley Springs provides its residents with an attractive combination of affordability and natural beauty that make it an ideal place to call home.