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Dover

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

Median Home$355,857
Median Rent$1,318/month
Population227,501
Leading IndustriesManufacturing · Professional Services1% manufacturing
Home Value Growth⬆⬆+15.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners61% of occupied units
Dover
AR

Frequently Asked Questions

What are today's mortgage rates in Dover?

As of today, the 30-year fixed mortgage rate for Dover 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 Dover?

The median home value in Dover is $356k. The median monthly rent is $1,318. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dover?

Home values in Dover have increased 15.2% 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 Dover?

Based on a typical all-in ownership cost of $1,316/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dover is $75k/year.

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What industries drive the economy in Dover?

The largest employment sectors in Dover are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.