Cost of Living & Housing in Mena

Mena's cost of living centers on housing running genuinely affordable relative to Arkansas's broader statewide figures, paired with Polk County's exceptionally low effective property tax rate.

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Affordable housing, with a real recent-sales spread to confirm

Mena's Zillow-cited average home value runs approximately $198,866, while a separately cited trailing-3-month median sale price ran lower, approximately $153,000, down 12.0% year-over-year -- a real, disclosed spread this record flags as possibly reflecting small-sample volatility in a low-transaction-volume rural market (base record).

Polk County's exceptionally low 0.42% property tax rate

Polk County's own county-wide Ownwell median effective property tax rate runs approximately 0.42%, genuinely among the lowest this project has documented anywhere in Arkansas, producing a modest $350 median annual tax bill; a Mena-city-specific figure was not confirmed separately this pass (base record).

Arkansas's 3.7% flat-topping income tax

Arkansas's real, current top individual income tax rate is 3.7% for tax year 2026, with a full Social Security exemption and a $6,000 exclusion on other qualifying retirement income for taxpayers 59.5+ (base record).

Confirm current rent and employer data directly

A reliable, city-specific median rent figure and a confirmed, current named-employer list for Mena were not found with confidence this pass -- confirm both directly with a local property manager and the Mena-Polk County Chamber of Commerce (base record).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.