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Cotton Plant

Learn about the people, housing, costs and businesses in Cotton Plant, Arkansas

Median Home$87,400
Median Rent$586/month
Population531
Leading IndustriesRetail · Construction · Agriculture & Mining17% retail
Home Value Growth⬆⬆+12.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners64% of occupied units
NotableAffordable Market$87k median home · lower cost than 95% of the country
NotableTransit80/100 · excellent transit access
Cotton Plant
AR

Frequently Asked Questions

What are today's mortgage rates in Cotton Plant?

As of today, the 30-year fixed mortgage rate for Cotton Plant is approximately 6.855% (6.890% 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 Cotton Plant?

The median home value in Cotton Plant is $87k. The median monthly rent is $586. Annual property taxes average $532. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cotton Plant?

Home values in Cotton Plant have increased 12.7% 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 Cotton Plant?

Based on a typical all-in ownership cost of $544/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cotton Plant is $39k/year.

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What industries drive the economy in Cotton Plant?

The largest employment sectors in Cotton Plant are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.