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Centerpoint

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

Median Home$488,041
Median Rent$1,541/month
Population141,719
Leading IndustriesArts, Food & Hospitality · Manufacturing · Education8% arts, food & hospitality
Home Value Growth+10.4% over 2 years
Retirees22% of residentsslightly above average
Homeowners79% of occupied units
NotableHigh Incomes$105k/year · top 12% nationally
NotableVeteran Community9% of residents · top 15% nationally
Centerpoint
AR

Frequently Asked Questions

What are today's mortgage rates in Centerpoint?

As of today, the 30-year fixed mortgage rate for Centerpoint is approximately 6.840% (6.874% 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 Centerpoint?

The median home value in Centerpoint is $488k. The median monthly rent is $1,541. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centerpoint?

Home values in Centerpoint have increased 10.4% 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 Centerpoint?

Based on a typical all-in ownership cost of $1,631/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centerpoint is $105k/year.

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What industries drive the economy in Centerpoint?

The largest employment sectors in Centerpoint are public administration (24%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.