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Cutter-Morning Star

Learn about the people, housing, costs and businesses in Cutter-Morning Star, Arkansas

Median Home$403,804
Median Rent$1,526/month
Population192,966
Leading IndustriesManufacturing · Professional Services · Healthcare1% manufacturing
Home Value Growth⬆⬆+15.6% over 2 years
Retirees22% of residentsslightly above average
Homeowners76% of occupied units
NotableHigh Incomes$94k/year · top 20% nationally
NotableVeteran Community8% of residents · top 27% nationally
Cutter-Morning Star
AR

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Frequently Asked Questions

What are today's mortgage rates in Cutter-Morning Star?

As of today, the 30-year fixed mortgage rate for Cutter-Morning Star is approximately 6.860% (6.895% 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 Cutter-Morning Star?

The median home value in Cutter-Morning Star is $404k. The median monthly rent is $1,526. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cutter-Morning Star?

Home values in Cutter-Morning Star have increased 15.6% 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 Cutter-Morning Star?

Based on a typical all-in ownership cost of $1,496/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $64k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cutter-Morning Star is $94k/year.

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What industries drive the economy in Cutter-Morning Star?

The largest employment sectors in Cutter-Morning Star are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.