Cost of Living & Housing in Nashville
Nashville's cost of living blends a genuinely low property tax burden with a recently reported home-price figure that runs higher than several nearby south Arkansas Tier C markets.
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Learn moreA recent $215,000 median sale price, with a real caveat on volume
Nashville's most recently reported median sale price ran $215,000 (Redfin, up 11.7% year-over-year) -- notably higher than several other south Arkansas Tier C markets despite Nashville's declining population, a real, disclosed tension this record attributes most plausibly to low monthly sales volume rather than a confirmed, durable trend (base record).
A 0.77% effective property tax rate and a $585 median bill
Nashville's own 0.77% effective property tax rate (Ownwell) produces a $585 median annual tax bill -- genuinely below both the national median (~1.02%) and Ownwell's own cited 0.84% Arkansas statewide median (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).
Confirm current rent and employer headcount data directly
A reliable, city-specific median rent figure for Nashville and confirmed, current employment headcounts at its Pilgrim's Pride and Tyson Foods plants were not found with confidence this pass -- confirm both directly (base record).
Key takeaways
- Nashville's most recently reported median home sale price ran $215,000, higher than several nearby south Arkansas Tier C markets.
- Nashville's 0.77% effective property tax rate produces a $585 median annual bill, below the national median.
- Arkansas's 3.7% top income tax rate and $600 Amendment 79 homestead credit both apply in Nashville as they do statewide.
- A confirmed, current rent figure and specific plant-employment headcounts were not found with confidence this pass.
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