Lepanto, AR
Population 1,858 · Arkansas
About Lepanto, AR
Lepanto is a small town located in Arkansas with a population of 1,858 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,730 per year, which is 43% below the national median of $75,149. The median age of 43 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lepanto features a median home value of $66,900, which is 73% below the national median of $244,900. This makes Lepanto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $613, 47% below the national average of $1,163/month. Of the 815 total housing units, 63% are owner-occupied (451 units) and 37% are renter-occupied (264 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Lepanto shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 20.1%, above the national average of 12.4%. Workers in Lepanto have an average one-way commute time of 26.3 minutes.
Education & Demographics
8.4% of Lepanto residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 6.2% White, 7.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Lepanto, AR
Compared to national averages, Lepanto has a median household income of $42,730 (43% below the national median of $75,149). Home values average $66,900, which is 73% below the national median. Monthly rent at $613 is 47% below the US average of $1,163. Within Arkansas, Lepanto's income is 18% below the state average of $52,241, and home values are 47% below the state median of $125,457.
Why Live in Lepanto, AR?
Lepanto offers affordable housing with a median home value of $66,900, below the US average of $244,900, and rent that’s lower than the national average at $613/month.
Potential considerations include median household income ($42,730) that falls below the national average. However, Lepanto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lepanto has a population of 1,858 with a median age of 43 years. Compare Lepanto with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Lepanto
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eudora | 1,843 | $27,140 | $52,200 | Compare |
| Augusta | 1,881 | $49,744 | $117,100 | Compare |
| Lamar | 1,826 | $41,579 | $139,500 | Compare |
| Leachville | 1,818 | $48,500 | $115,800 | Compare |
| Highfill | 1,899 | $102,000 | $229,000 | Compare |
| Murfreesboro | 1,815 | $48,125 | $105,500 | Compare |
| Lake Hamilton | 1,912 | $87,870 | $411,000 | Compare |
| Calico Rock | 1,795 | $26,250 | $119,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lepanto With Other Cities
Frequently Asked Questions about Lepanto
What is the population of Lepanto, AR?
The population of Lepanto, AR is 1,858 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arkansas.
What is the median household income in Lepanto?
The median household income in Lepanto, AR is $42,730 per year, which is 43% below the national median of $75,149.
What is the median home value in Lepanto?
The median home value in Lepanto, AR is $66,900, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lepanto?
The median monthly rent in Lepanto, AR is $613, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Lepanto?
The unemployment rate in Lepanto, AR is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lepanto, AR a good place to live?
Lepanto offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,858 and a median age of 43, the city appeals to a broad range of residents.
How educated is Lepanto, AR?
8.4% of residents in Lepanto aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lepanto?
Key cost-of-living indicators for Lepanto, AR: median home value is $66,900 (73% below national), median rent is $613/month, and median household income is $42,730. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lepanto?
The poverty rate in Lepanto, AR is 20.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Lepanto, AR?
Lepanto's population is 6.2% White, 7.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 12.2% two or more races. 1.9% of residents are foreign-born.