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Augusta

Learn about the people, housing, costs and businesses in Augusta, Arkansas

Median Home$132,400
Median Rent$660/month
Population1,783
Leading IndustriesEducation · Finance & Insurance · Information & Media6% education
Home Value Growth⬆⬆+12.7% over 2 years
Retirees23% of residentsslightly above average
Homeowners67% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$132k median home · lower cost than 80% of the country
Augusta
AR

Frequently Asked Questions

What are today's mortgage rates in Augusta?

As of today, the 30-year fixed mortgage rate for Augusta is approximately 7.625% (7.712% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Augusta?

The median home value in Augusta is $132k. The median monthly rent is $660. Annual property taxes average $678. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Augusta?

Home values in Augusta have increased 12.7% 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 Augusta?

Based on a typical all-in ownership cost of $672/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Augusta is $53k/year.

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What industries drive the economy in Augusta?

The largest employment sectors in Augusta are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.