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Calion

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

Median Home$141,000
Median Rent$635/month
Population375
Leading IndustriesInformation & Media · Finance & Insurance · Transportation10% information & media
Home Value Growth⬆⬆⬆+30.0% over 2 years
Young Adults25% of residents
Homeowners81% of occupied units
NotableAffordable Market$141k median home · lower cost than 77% of the country
Calion
AR

Frequently Asked Questions

What are today's mortgage rates in Calion?

As of today, the 30-year fixed mortgage rate for Calion is approximately 6.967% (7.009% 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 Calion?

The median home value in Calion is $141k. The median monthly rent is $635. Annual property taxes average $642. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Calion?

Home values in Calion have increased 30.0% 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 Calion?

Based on a typical all-in ownership cost of $582/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 Calion is $51k/year.

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What industries drive the economy in Calion?

The largest employment sectors in Calion are public administration (20%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.