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Housing Affordability in Magness, AR
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 26.0%
- Arkansas 25.7%
- Renters paying 30%+
- 65.0%
- Arkansas 44.8%
- Homeowners paying 30%+
- 12.3%
- Arkansas 17.1%
- Owner costs with a mortgage
- $807/mo
- Arkansas $1,345/mo
Magness has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more1365.0%
- Homeowners paying 30% or more712.3%
- Renters paying 50% or more00.0%
- Median rent as a share of income: 31.7%
- Median owner costs as a share of income, with a mortgage: Less than 10.0%
- Median owner costs without a mortgage: $370/mo
- Median home value divided by median household income: 2.7
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Magness, AR | 26.0% | 65.0% | 12.3% | 31.7% |
| Independence County | 23.7% | 42.8% | 16.3% | 27.6% |
| Arkansas | 25.7% | 44.8% | 17.1% | 27.6% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Magness, AR?
- In Magness, AR, 26.0% of households spend 30% or more of their income on housing costs.
- How does Magness compare with Arkansas?
- The households paying 30%+ for housing in Magness is 26.0%, compared with 25.7% for Arkansas as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates