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Evening Shade

Learn about the people, housing, costs and businesses in Evening Shade, Arkansas

Median Home$114,400
Median Rent$682/month
Population444
Leading IndustriesEducation · Construction · Agriculture & Mining3% education
Home Value Growth⬆⬆⬆+22.8% over 2 years
Young Adults33% of residentswell above average
Homeowners74% of occupied units
NotableAffordable Market$114k median home · lower cost than 87% of the country
Evening Shade
AR

Frequently Asked Questions

What are today's mortgage rates in Evening Shade?

As of today, the 30-year fixed mortgage rate for Evening Shade is approximately 6.871% (6.906% 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 Evening Shade?

The median home value in Evening Shade is $114k. The median monthly rent is $682. Annual property taxes average $506. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Evening Shade?

Home values in Evening Shade have increased 22.8% 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 Evening Shade?

Based on a typical all-in ownership cost of $767/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Evening Shade is $55k/year.

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What industries drive the economy in Evening Shade?

The largest employment sectors in Evening Shade are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.