Cost of Living & Housing in Crossett
Crossett's cost of living runs genuinely the most affordable of this project's five Arkansas Tier C markets in this batch, anchored by low home values and a low property tax rate.
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Learn moreThe most affordable housing of this project's Arkansas Tier C batch
Crossett's housing figures carry a real, disclosed cross-source spread this pass found: a ZIP-level figure ran approximately $60,850, while a separately cited 2023 figure ran approximately $82,000 -- both genuinely the most affordable among this project's five Arkansas Tier C markets in this batch (base record).
A 0.62% effective property tax rate and a $341 median bill
Crossett's own 0.62% effective property tax rate (Ownwell) produces a $341 median annual tax bill -- $2,059 below the national median bill, reflecting Crossett's combination of a low rate and low home values (base record).
Arkansas's 3.7% top income tax rate and the $600 homestead credit
Arkansas's real, current top individual income tax rate is 3.7% for tax year 2026, the fourth consecutive annual cut, alongside a real Amendment 79 homestead property-tax credit currently worth $600 per homestead beginning with 2026 tax bills (base record).
Rent runs approximately $700/month
Median gross rent in Crossett ran approximately $700/month -- confirm current, specific rental listings directly with a local property manager (base record).
Key takeaways
- Crossett's housing runs roughly $60,850-$82,000, the most affordable of this project's five Arkansas Tier C markets in this batch.
- Crossett's 0.62% effective property tax rate produces a $341 median annual bill, $2,059 below the national median.
- Arkansas's 3.7% top income tax rate and $600 Amendment 79 homestead credit both apply in Crossett as they do statewide.
- Median gross rent runs approximately $700/month -- confirm current listings directly.
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