Cost of Living in Conway, AR
Population: 66,288 • 2026 Data
$58,461
Median Household Income
-24% vs national
$986
Median Monthly Rent
-27% vs national
$234,600
Median Home Value
-31% vs national
3.3%
Unemployment Rate
Housing in Conway
The median home value in Conway, AR is $234,600. Monthly rent for a typical unit averages $986, while total monthly housing costs (including utilities and insurance) average $1,020.
Rent-to-income ratio: 20.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Conway, AR is $58,461. The unemployment rate stands at 3.3%, with a labor force of 34,163 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.