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Lonoke County, AR

RANK #642 / 1001 NAT  ·  #9 / 13 AR  ·  POP 75,272

1YR FORECAST: +4.4%

5YR OUTLOOK: -6%

Lonoke County's housing market is projected to grow +4.4% over the next year, below the national average.

[01] Why Lonoke County?

Lonoke County, Arkansas, distinguishes itself as the only county in the state where the county seat shares its name. Located in central Arkansas, about 22 miles east of Little Rock, the county offers a blend of small-town atmosphere and convenient access to a larger metropolitan area. Commuting to Little Rock is a common option for many residents, with travel times around 30 minutes by car via Interstate 40. The northern part of the county, including towns like Cabot, Austin, and Ward, serves as a bedroom community for those working in Little Rock and at the Little Rock Air Force Base. The landscape varies, with rolling hills in the north and fertile prairie land in the middle, ideal for agriculture and aquaculture. Outdoor recreation opportunities include local parks and access to trails like the Arkansas River Trail for hiking and biking.

Life in Lonoke County often appeals to families seeking a quieter environment with highly rated public schools. The community maintains a rural feel, where many residents own their homes. The economy is largely supported by agriculture, particularly rice and soybeans, and aquaculture, with the Joe Hogan Fish Hatchery being a notable institution. Local industries, schools, and government jobs also contribute to the economic picture. Recently, there has been investment in renewable energy, with large-scale solar projects under development within the county, contributing to economic growth and job creation.

MARKET PROFILE

Affordable Slow Markets

Lonoke County is one of 75 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of +4.1% runs above the profile's typical +0.8%.

See all 75 Affordable Slow Markets counties →

[02] Market Snapshot

Housing Ratio
20.9x

Overvalued relative to economy

Home Prices
+4.1%

Outpacing national median

Climate & Terrain
-0.8

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks overvalued at 20.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Cabot School District Education
    1,000+
  2. 2
    Remington Arms Company Manufacturing
    500+
  3. 3
    Walmart Retail
  4. 4
    Lonoke School District No 1 Education
    100+
  5. 5
    Vsc Fire And Security Inc Other
  6. 6
    Lonoke County Government
  7. 7
    City Of Cabot Government
  8. 8
    Mjl Of Cabot Inc Hospitality
  9. 9
    Building Bridges Developmental Healthcare
  10. 10
    Pinnacle Structures Inc Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lonoke County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
75,272
+0.7% YoY
Median Household Income
$72,828
Median Home Value
$193,600
+4.13% 12mo
Median Rent
$1,025
Average Annual Pay
$43,654
+1.4% YoY
Employment
15,982
+2.5% YoY
Income-to-Home-Value
0.3762
More affordable than average
Migration Inflow
3.65%
of pop. from another state
Bachelor's Degree+
22.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$238,375
Days on Market
59
Moderate pace
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
98.4%
Near asking price
Sold Above List
16.4%
Listings w/ Price Drops
21.0%
Building Permits (2025)
224
Single-Family Permits
173

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.8
per 100K · nat avg 6.3
Firearm Fatalities
14.8
per 100K · nat avg 14.8
Injury Deaths
82.0
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$1,048M
TOTAL
PROJECT AMOUNT STATUS
Downstream Solar Energy Center
Invenergy
$600M Planned
WEST MEMPHIS EHV - KEO EHV 500.0kV Wind Project
Undisclosed
$348M Planned
Beautyberry Solar and Storage
OnPeak Power
$100M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.7% 54 percentile
Income Growth +1.9% 30 percentile
Vacancy Rate 0.9% 60 percentile
Home Price Change +4.1% 77 percentile
Rent Growth +1.4% 24 percentile
Price/Rent 12x 88 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Lonoke County, AR a good place to move to?

At 35/100, Lonoke County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $72,828 combined with job growth of +2.5% suggests the local economy is struggling to keep pace with national trends.

Is Lonoke County affordable?

By national standards, Lonoke County is quite affordable. Homes here have a median value of $193,600, and the income-to-home-value ratio of 0.38 is well above the U.S. average — especially with median rent at just $1,025/month. Residents can generally buy a home without being cost-burdened.

Is Lonoke County growing or shrinking?

Lonoke County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +2.5% clip — and home values reflect that momentum, rising +4.1% over the past 12 months.

Are people moving to Lonoke County?

There's a moderate stream of newcomers. About 3.65% of residents moved from another state, which is above average and suggests Lonoke County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Faulkner County, AR 33 Craighead County, AR 45 Pulaski County, AR 22 Jefferson County, AR 17 White County, AR 57 Crawford County, AR 11 Pender County, NC 35 Otter Tail County, MN 35