Housing

Arizona vs Arkansas: Owner Costs to Income

Arkansas has a lower owner costs to income ratio than Arizona.

Arizona

AZ · West

16.6%

Median selected monthly owner costs as a percentage of household income (ACS 2023).

Arkansas

AR · South

Winner

14.6%

Median selected monthly owner costs as a percentage of household income (ACS 2023).

Visual comparison

Arizona16.6%

Arkansas14.6%

Difference: 2.00 percentage points — Arkansas leads.

National Rankings

Where They Rank Nationally

See where both states fall among all 50 states for owner costs to income.

Arizona #17 · 16.6%

Arkansas #2 · 14.6%

Best Worst

10 Best States — Owner Costs to Income

Lower is better

West Virginia

13.3%

Arkansas

14.6%

North Dakota

14.7%

Alabama

14.8%

Mississippi

15.2%

South Carolina

15.4%

Indiana

15.5%

Tennessee

15.5%

Kentucky

15.6%

#10

Missouri

15.9%

Selected states

#17

Arizona

16.6%

Arizona ranks 17th and Arkansas ranks 2nd nationally for owner costs to income.

Related context

Ownership Cost Burden

Lenders typically flag anything above 28% as stretched — here's how ownership stacks up against income.

MetricArizonaArkansas

Owner Costs w/ Mortgage $1,893/mo $1,375/mo

Owner Costs w/o Mortgage $560/mo $450/mo

Median Household Income $72,581 $52,123 Median Home Value $327,400 $154,200 Property Tax Rate 0.48% 0.55%

What this means