Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Center Ridge

Learn about the people, housing, costs and businesses in Center Ridge, Arkansas

Median Home$132,600
Median Rent$745/month
Population297
Leading IndustriesAgriculture & Mining · Wholesale Trade · Construction17% agriculture & mining
Home Value Growth⬆⬆⬆+46.5% over 2 years
Family-Friendly28% of residentswell above average
Homeowners83% of occupied units
NotableAffordable Market$133k median home · lower cost than 80% of the country
Center Ridge
AR

Frequently Asked Questions

What are today's mortgage rates in Center Ridge?

As of today, the 30-year fixed mortgage rate for Center Ridge is approximately 6.987% (7.026% 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 Center Ridge
What is the median home price in Center Ridge?

The median home value in Center Ridge is $133k. The median monthly rent is $745. Annual property taxes average $699. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Center Ridge?

Home values in Center Ridge have increased 46.5% 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 Center Ridge?

Based on a typical all-in ownership cost of $555/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Center Ridge is $65k/year.

Calculate your buying power
What industries drive the economy in Center Ridge?

The largest employment sectors in Center Ridge are agriculture and mining (17%) and wholesale trade (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.