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Caddo Gap

Learn about the people, housing, costs and businesses in Caddo Gap, Arkansas

Median Home$112,500
Median Rent$817/month
Population37
Leading IndustriesEducation · Professional Services · Manufacturing5% education
Home Value Growth⬆⬆⬆+49.5% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners80% of occupied units
NotableHighly Educated29% bachelor's · 13% graduate · top 10% nationally
NotableAffordable Market$113k median home · lower cost than 88% of the country
Caddo Gap
AR

Frequently Asked Questions

What are today's mortgage rates in Caddo Gap?

As of today, the 30-year fixed mortgage rate for Caddo Gap is approximately 6.992% (7.035% 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 Caddo Gap?

The median home value in Caddo Gap is $113k. The median monthly rent is $817. Annual property taxes average $450. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Caddo Gap?

Home values in Caddo Gap have increased 49.5% 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 Caddo Gap?

Based on a typical all-in ownership cost of $586/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Caddo Gap is $55k/year.

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What industries drive the economy in Caddo Gap?

The largest employment sectors in Caddo Gap are public administration (18%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.