Executive Financial Report: Mena (71953)
Evaluating relocation options in Polk? The financial benchmark for residing in Mena, AR (71953) indicates that a single worker needs roughly $2,691 monthly ($32,295.102 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $431 per month—just 16% of baseline expenses—Mena offers exceptionally competitive housing costs compared to wider metropolitan averages across Arkansas.
Household earnings in Mena generally align with basic living standards. With an area median family income of $45,496, local workers earn roughly 1.41x the baseline living cost ($32,295.102/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
Tax obligations represent roughly 15% ($408/month) of baseline monthly spending in zip code 71953. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $253 monthly for single adults.
In summary, living in Mena, AR requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 71953 against other US destinations.