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Clarksdale

Learn about the people, housing, costs and businesses in Clarksdale, Missouri

Median Home$154,700
Median Rent$844/month
Population263
Leading IndustriesTransportation · Healthcare · Arts, Food & Hospitality4% transportation
Home Value Growth⬆⬆⬆+25.6% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners81% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableAffordable Market$155k median home · lower cost than 72% of the country
Clarksdale
MO

Frequently Asked Questions

What are today's mortgage rates in Clarksdale?

As of today, the 30-year fixed mortgage rate for Clarksdale is approximately 6.972% (7.011% 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 Clarksdale?

The median home value in Clarksdale is $155k. The median monthly rent is $844. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clarksdale?

Home values in Clarksdale have increased 25.6% 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 Clarksdale?

Based on a typical all-in ownership cost of $834/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clarksdale is $75k/year.

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What industries drive the economy in Clarksdale?

The largest employment sectors in Clarksdale are public administration (22%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.