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Drew

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

Median Home$131,437
Median Rent$812/month
Population6,105
Leading IndustriesConstruction · Agriculture & Mining · Retail8% construction
Home Value Growth⬆⬆⬆+22.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners74% of occupied units
NotableAffordable Market$131k median home · lower cost than 89% of the country
Drew
AR

Frequently Asked Questions

What are today's mortgage rates in Drew?

As of today, the 30-year fixed mortgage rate for Drew is approximately 6.988% (7.027% 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 Drew?

The median home value in Drew is $131k. The median monthly rent is $812. Annual property taxes average $629. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Drew?

Home values in Drew have increased 22.4% 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 Drew?

Based on a typical all-in ownership cost of $661/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Drew is $51k/year.

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What industries drive the economy in Drew?

The largest employment sectors in Drew are public administration (26%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.