Manageable

What Salary Do You Need to Live in Hickory Ridge?

To afford a 2-bedroom in Hickory Ridge, you need to earn at least $34,040/year based on estimated fair market rent data. The median household income here is $40,000, which means the typical resident is $5,960 above the threshold.

Census ACS Data Pop. 267

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$596	$1,987	$23,840	$-16,160
1 Bedroom	$706	$2,353	$28,240	$-11,760
2 Bedroom BENCHMARK	$851	$2,837	$34,040	$-5,960
3 Bedroom	$1,038	$3,460	$41,520	+$1,520
4 Bedroom	$1,277	$4,257	$51,080	+$11,080

Affordability Breakdown

Where the required salary line crosses above Hickory Ridge's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$40,000

Annual household

2BR Required Salary

$34,040

Under 30% rule

Income Gap

+$5,960

Surplus

Verdict

Manageable

Ratio: 25.5%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Hickory Ridge

Your Annual Salary

Pre-filled with Hickory Ridge's median household income

Max monthly rent you can afford$1,000

Studio

$596/mo

1 BR

$706/mo

2 BR

$851/mo

3 BR

$1,038/mo

4 BR

$1,277/mo

Your salary is $0 above the median income in Hickory Ridge.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Hickory Ridge's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Hickory Ridge

Renting in Hickory Ridge, Arkansas is doable for median earners, but tight. A 2-bedroom requires roughly $34,040/year under the 30% rule, and with a median income of $40,000, residents are operating close to the threshold.

Downsizing to a 1-bedroom ($706/month) or studio ($596/month) materially improves the math. For those needing more space, a 3-bedroom in Hickory Ridge pushes the required income to $41,520.

For comfortable living in Hickory Ridge without financial stress, target a household income of at least $51,060 — this accounts for rent being approximately 30% of take-home pay while leaving adequate room for Arkansas's cost of living.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Hickory Ridge, Arkansas.

With a total population of 267, the city supports an active civilian workforce of 103 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,040 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

103

Active civilian employees in Hickory Ridge

Frequently Asked Questions About Renting in Hickory Ridge

What salary do I need to live in Hickory Ridge, Arkansas?

To afford a 2-bedroom in Hickory Ridge under the 30% rule, you need an annual salary of at least $34,040. The median household income in Hickory Ridge is $40,000.

Can I afford a 2-bedroom in Hickory Ridge on $40,000?

The affordability verdict for Hickory Ridge is "Manageable". The rent-to-income ratio is 25.5%, meaning median earners have a $5,960 surplus.

What is the average rent in Hickory Ridge compared to median income?

The median gross rent in Hickory Ridge is $706/month. With a median household income of $40,000, residents spend approximately 25.5% of their income on rent.

What salary do I need for a studio in Hickory Ridge?

A studio in Hickory Ridge rents for approximately $596/month. Under the 30% rule, you need an annual salary of $23,840 to afford this.

Is Hickory Ridge considered an affordable place to live?

Based on the surplus of $5,960 and an affordability verdict of "Manageable", Hickory Ridge is considered a manageable rental market when comparing the required 2-bedroom salary of $34,040 to the local median household income.

How Hickory Ridge Compares

Other cities in Arkansas with salary requirements