Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Arkabutla

Learn about the people, housing, costs and businesses in Arkabutla, Mississippi

Median Home$153,200
Median Rent$1,037/month
Population256
Leading IndustriesPublic Administration · Healthcare · Arts, Food & Hospitality31% public administration
Home Value Growth⬆⬆+14.2% over 2 years
Retirees25% of residentsabove average nationally
Homeowners73% of occupied units
Arkabutla
MS

Frequently Asked Questions

What are today's mortgage rates in Arkabutla?

As of today, the 30-year fixed mortgage rate for Arkabutla is approximately 6.957% (6.995% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Arkabutla
What is the median home price in Arkabutla?

The median home value in Arkabutla is $153k. The median monthly rent is $1,037. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arkabutla?

Home values in Arkabutla have increased 14.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Arkabutla?

Based on a typical all-in ownership cost of $921/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arkabutla is $57k/year.

Calculate your buying power
What industries drive the economy in Arkabutla?

The largest employment sectors in Arkabutla are public administration (31%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.