Living in Shannon Hills, Arkansas

Cost of living, income, home prices, rent and demographics of Shannon Hills · Census data 2020–2024

Shannon Hills has 4,641 residents with a median age of 41.2. The median household income is $71,318 (17% higher than the Arkansas median), the median home value is $170,900, the median rent is $1,530/month.

Shannon Hills at a glance

Population
4,641
Median age
41.2State: 38.5
Median household income
$71,318State: $60,773
Median home value
$170,900State: $188,000
Median rent
$1,530/moState: $947
Homeowners
84.2%
Bachelor's degree or higher
19.8%
Average commute
27 min

Is Shannon Hills a good place to live?

Pros: Median household income 17% higher than the Arkansas median; home values 9% lower than the state median; unemployment of 4.4%; a poverty rate of 3.9%.

Cons: An average commute of 27 minutes.

The weather is best in April–May and September–October.

Cost of living in Shannon Hills

Housing is the biggest part of the cost of living. In Shannon Hills the median home value is $170,900, 49% lower than the U.S. median. Renters pay a median of $1,530 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,277 a month in housing costs.

Median home value

Shannon Hills$170,900
Arkansas$188,000
United States$332,700

Median monthly rent

Shannon Hills$1,530
Arkansas$947
United States$1,413

Shannon Hills median household income

The median household income in Shannon Hills is $71,318 and the income per person is $32,294. 3.9% of residents live below the poverty line (Arkansas: 16%).

Median household income

Shannon Hills$71,318
Arkansas$60,773
United States$80,734

Housing in Shannon Hills: homes for sale and rent

Housing units
1,978
Owner-occupied
84.2%
Renter-occupied
15.8%
Vacant
0%Includes seasonal homes
Median year built
2001
Average household size
2.35

Shannon Hills demographics

Population
4,641
Median age
41.2
Under 18
22.4%
65 and older
15.5%
Households
1,978
Foreign-born
1.1%
Veterans
5.1%Adults 18+

Race and ethnicity

White58.3%
Hispanic or Latino1.1%
Black36.8%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Shannon Hills ›

Education in Shannon Hills

19.8% of adults 25 and older in Shannon Hills have a bachelor's degree or higher (Arkansas: 25.7%), and 5.9% have a graduate or professional degree.

Bachelor's degree or higher

Shannon Hills19.8%
Arkansas25.7%
United States35.7%

Jobs and commute in Shannon Hills

Unemployment rate
4.4%State: 4.9%
Average commute
27 minState: 23 min
Work from home
22.6%
Drive alone
68.2%
Public transit
0%
Walk to work
0%
Homes with broadband
89.1%

Shannon Hills vs nearby towns

TownPopulationMedian incomeHome valueRent
Shannon Hills4,641$71,318$170,900$1,530
Alexander3,587$57,250$174,000$1,054
Landmark3,948$53,788$156,600$778
Bryant21,504$83,024$223,200$993
East End6,912$87,936$223,900$1,071
Little Rock203,436$63,003$236,400$1,106
Bauxite846$74,250$188,200$900
Salem2,642$73,750$202,100—
Benton36,595$72,876$212,700$1,072

More for people moving to Shannon Hills

Shannon Hills ZIP code ›Weather and climate ›

Living in Shannon Hills: FAQ

What is the median household income in Shannon Hills, AR?

The median household income in Shannon Hills is $71,318, 17% 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 Shannon Hills?

The median home value in Shannon Hills is $170,900, compared with $188,000 in Arkansas.

How much is rent in Shannon Hills?

The median gross rent in Shannon Hills is $1,530 per month, about 19.9% of household income.

Is Shannon Hills, AR a good place to live?

Pluses: median household income 17% higher than the Arkansas median; home values 9% lower than the state median; unemployment of 4.4%; a poverty rate of 3.9%. Minuses: an average commute of 27 minutes.

What is the median age in Shannon Hills?

The median age in Shannon Hills is 41.2 years (Arkansas: 38.5).

How long is the commute in Shannon Hills?

The average commute to work in Shannon Hills is 27 minutes; 22.6% of workers work from home.

What is the unemployment rate in Shannon Hills?

The unemployment rate in Shannon Hills is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Shannon Hills?

19.8% of adults in Shannon Hills 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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