What is the median household income in Siloam Springs, AR?
The median household income in Siloam Springs, AR is $72,065 (±$9,040) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,003 a month would take about $40,100 a year at the common guideline of spending no more than 30% of income on rent.
In Siloam Springs, the median household income went from $47,016 in 2015–2019 to $72,065 in 2020–2024 (+53.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $72,065 (±$9,040)
- Median renter income
- $43,759 (±$6,453)
- Income to afford median rent
- about $40,100
Income in Siloam Springs against Benton County, its state and the nation
| Siloam Springs | Benton County | Arkansas | United States | |
|---|---|---|---|---|
| Median household income | $72,065 (±$9,040) | $93,506 (±$2,205) | $60,773 (±$467) | $80,734 |
| Median renter household income | $43,759 (±$6,453) | $68,064 (±$3,918) | $39,315 (±$589) | $52,966 |
| Median owner household income | $88,481 (±$10,989) | $110,198 (±$2,812) | $75,473 (±$657) | $100,009 |
| Median gross rent | $1,003 (±$89) | $1,277 (±$31) | $947 (±$6) | $1,413 |
In Siloam Springs, median household income is lower than in Benton County ($93,506).
It is also higher than in Arkansas ($60,773).
It is not measurably different from the national figure ($80,734).
In Benton County, Siloam Springs ranks 12 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 74 of 480.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Siloam Springs
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,003 a month ($12,036 a year) needs an income of about $40,100 a year.
The median renting household in Siloam Springs earns $43,759 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $47,016 (±$3,396) | $72,065 (±$9,040) | +53.3% | Up after inflation |
| Median gross rent | $743 (±$31) | $1,003 (±$89) | +35.0% | No measurable change after inflation |
| Median home value | $135,500 (±$7,897) | $221,700 (±$9,801) | +63.6% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Siloam Springs
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Siloam Springs | — | $72,065 (±$9,040) | — |
| West Siloam Springs | 3.9 mi | $59,904 (±$7,963) | Lower |
| Gentry | 5.6 mi | $69,779 (±$14,523) | Not measurably different |
| Watts | 6.0 mi | $34,063 (±$16,954) | Lower |
| Springtown | 7.9 mi | $95,078 (±$49,711) | Not measurably different |
| Colcord | 11 mi | $31,094 (±$6,247) | Lower |
| Decatur | 12 mi | $45,179 (±$8,573) | Lower |
| Highfill | 13 mi | $92,596 (±$25,480) | Not measurably different |
| Westville | 14 mi | $39,400 (±$11,183) | Lower |
Nearby places with a measurably lower figure: West Siloam Springs, OK ($59,904), Watts, OK ($34,063), Colcord, OK ($31,094).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Benton County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Springtown | $95,078 (±$49,711) |
| 7 | Prairie Creek | $93,391 (±$11,135) |
| 8 | Highfill | $92,596 (±$25,480) |
| 9 | Bella Vista | $88,055 (±$5,771) |
| 10 | Rogers | $86,728 (±$4,087) |
| 11 | Garfield | $74,583 (±$8,101) |
| 12 | Siloam Springs | $72,065 (±$9,040) |
| 13 | Gentry | $69,779 (±$14,523) |
| 14 | Gravette | $68,214 (±$8,364) |
| 15 | Avoca | $62,273 (±$21,104) |
| 16 | Little Flock | $60,878 (±$10,682) |
| 17 | Decatur | $45,179 (±$8,573) |
| 18 | Gateway | $44,813 (±$16,598) |
Showing 13 of 19 places in Benton County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Siloam Springs
What is the median household income in Siloam Springs?
The median household income in Siloam Springs is $72,065 (±$9,040) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Siloam Springs?
About $40,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,003 a month.
Have incomes in Siloam Springs kept up with inflation?
In Siloam Springs, the median household income went from $47,016 in 2015–2019 to $72,065 in 2020–2024 (+53.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Siloam Springs?
The median renting household in Siloam Springs, AR earns $43,759 (±$6,453) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Siloam Springs city, Arkansas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Siloam Springs city, Arkansas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Siloam Springs city, Arkansas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Siloam Springs city, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Siloam Springs city, Arkansas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Siloam Springs city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Siloam Springs city, Arkansas (place:64370, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Siloam Springs
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- Renters and owners in Siloam Springs
- Home values in Siloam Springs
- Homeowner costs in Siloam Springs
- Property taxes in Siloam Springs
- Types of homes in Siloam Springs
- Bedrooms in Siloam Springs
- Age of homes in Siloam Springs
- Vacancy rate in Siloam Springs
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- Commute and cars in Siloam Springs
- Crime reported to police in Siloam Springs
- Population growth in Siloam Springs
- How long people stay in Siloam Springs
- Crowding and facilities in Siloam Springs
- Arkansas landlord and tenant rules
- Housing across Benton County
- Arkansas places ranked by median household income
- Housing data for every place in Arkansas