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Dumas

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

Median Home$347,142
Median Rent$1,116/month
Population33,734
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services10% arts, food & hospitality
Home Value Growth⬆⬆+18.0% over 2 years
Young Adults26% of residents
Homeowners75% of occupied units
NotableHigh Incomes$102k/year · top 13% nationally
Dumas
AR

Frequently Asked Questions

What are today's mortgage rates in Dumas?

As of today, the 30-year fixed mortgage rate for Dumas is approximately 6.837% (6.871% 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 Dumas?

The median home value in Dumas is $347k. The median monthly rent is $1,116. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dumas?

Home values in Dumas have increased 18.0% 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 Dumas?

Based on a typical all-in ownership cost of $1,514/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dumas is $102k/year.

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What industries drive the economy in Dumas?

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