Living in Alma, Arkansas
Cost of living, income, home prices, rent and demographics of Alma · Census data 2020–2024
Alma has 5,906 residents with a median age of 27.2. The median household income is $68,562 (13% higher than the Arkansas median), the median home value is $233,600, the median rent is $1,012/month.
Alma at a glance
- Population
- 5,906
- Median age
- 27.2State: 38.5
- Median household income
- $68,562State: $60,773
- Median home value
- $233,600State: $188,000
- Median rent
- $1,012/moState: $947
- Homeowners
- 47%
- Bachelor's degree or higher
- 18.9%
- Average commute
- 28 min
Is Alma a good place to live?
Pros: Median household income 13% higher than the Arkansas median.
Cons: Home values 24% higher than the state median; an average commute of 28 minutes; unemployment of 7.6%; a poverty rate of 27.3%.
The weather is best in April–May and September–October.
Cost of living in Alma
Housing is the biggest part of the cost of living. In Alma the median home value is $233,600, 30% lower than the U.S. median. Renters pay a median of $1,012 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,456 a month in housing costs.
Alma median household income
The median household income in Alma is $68,562 and the income per person is $23,196. 27.3% of residents live below the poverty line (Arkansas: 16%).
Housing in Alma: homes for sale and rent
- Housing units
- 2,000
- Owner-occupied
- 47%
- Renter-occupied
- 53%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1996
- Average household size
- 3.08
Alma demographics
- Population
- 5,906
- Median age
- 27.2
- Under 18
- 35.7%
- 65 and older
- 13.2%
- Households
- 1,896
- Foreign-born
- 0.7%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Alma ›
Education in Alma
18.9% of adults 25 and older in Alma have a bachelor's degree or higher (Arkansas: 25.7%), and 7% have a graduate or professional degree.
Jobs and commute in Alma
- Unemployment rate
- 7.6%State: 4.9%
- Average commute
- 28 minState: 23 min
- Work from home
- 5.5%
- Drive alone
- 84.5%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.4%
Alma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Alma | 5,906 | $68,562 | $233,600 | $1,012 |
| Rudy | 178 | $56,181 | $227,100 | — |
| Dyer | 1,049 | $94,327 | $230,300 | $596 |
| Kibler | 1,085 | $58,500 | $210,100 | $807 |
| Mulberry | 1,646 | $50,428 | $135,900 | $730 |
| Van Buren | 23,763 | $61,149 | $181,500 | $847 |
| Cedarville | 1,760 | $59,740 | $165,100 | $1,101 |
| Central City | 627 | $69,583 | $134,700 | $1,141 |
| Mountainburg | 566 | $53,068 | $122,900 | $756 |
More for people moving to Alma
Alma ZIP code ›Weather and climate ›Living in Alma: FAQ
What is the median household income in Alma, AR?
The median household income in Alma is $68,562, 13% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Alma?
The median home value in Alma is $233,600, compared with $188,000 in Arkansas.
How much is rent in Alma?
The median gross rent in Alma is $1,012 per month, about 19.9% of household income.
Is Alma, AR a good place to live?
Pluses: median household income 13% higher than the Arkansas median. Minuses: home values 24% higher than the state median; an average commute of 28 minutes; unemployment of 7.6%; a poverty rate of 27.3%.
What is the median age in Alma?
The median age in Alma is 27.2 years (Arkansas: 38.5).
How long is the commute in Alma?
The average commute to work in Alma is 28 minutes; 5.5% of workers work from home.
What is the unemployment rate in Alma?
The unemployment rate in Alma is 7.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Alma?
18.9% of adults in Alma have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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