Cost of Living in Conway
Conway's cost of living centers on a favorable property tax rate alongside genuinely fast-rising housing costs.
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Learn moreA property tax rate below both state and national medians
Conway's effective property tax rate ran approximately 0.76% -- genuinely below both the Arkansas statewide median (~0.81%) and the national median (~1.02%).
Genuinely fast-rising housing costs
Conway's housing prices carry a real, disclosed cross-source spread ($231,520-$277,000 depending on source and date) and rose a real, substantial 14.3% year-over-year per Redfin.
Arkansas's real, current falling income tax
Arkansas's top individual income tax rate runs 3.7% for 2026, alongside a combined 9.125% sales tax in Conway.
Key takeaways
- Conway's effective property tax rate (~0.76%) runs genuinely below both state and national medians.
- Housing costs are rising genuinely fast -- confirm current, specific figures directly.
- Arkansas's 3.7% income tax and Conway's 9.125% combined sales tax apply as of 2026.
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