Quick facts: Springdale, AR

Quick Facts

95.2
Cost of Living
below US average
87,672
Population
35.37
Crime Rate per 1000
above US average
$59,985
Median Income
below US average
$355,000
Median House Price
above US average
$1527.09
Average Rent
above US average
10%
Poverty Rate
below US average
2.7%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $59,985.

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Income Needed to Buy

βœ— Stretch
$111k/year
Based on $355,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $111k vs median $59,985
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Income Needed to Rent

⚠ Stretch
$65k/year
Based on $1527.09/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $65k vs median $59,985
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Springdale, AR

Springdale is a vibrant city located in northwestern Arkansas, within Washington and Benton counties. It is part of the larger Fayetteville-Springdale-Rogers Metropolitan Area. Known for its rich cultural heritage and abundant outdoor activities, Springdale serves as a hub of economic and community development in the region. The city is home to a diverse population and plays a key role in the local poultry industry, with several processing plants in the area. Springdale boasts beautiful parks, such as the popular Springdale City Park and the expansive Murphy Park, offering recreational options for residents and visitors. The city also features various cultural attractions, including the Shiloh Museum of Ozark History, which highlights the area's pioneer past. Additionally, the annual Springdale Tomato Festival celebrates the region’s agricultural roots. Education is another focal point in Springdale, with several public and private schools, along with access to higher education institutions nearby. Transportation options include the Arkansas and Missouri Railroad and major highways, providing easy access to neighboring cities. Overall, Springdale is a dynamic community that blends tradition with growth, making it an attractive place to live and visit.

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