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Fountain Lake

Learn about the people, housing, costs and businesses in Fountain Lake, Arkansas

Median Home$311,778
Median Rent$1,328/month
Population77,629
Leading IndustriesFinance & Insurance · Information & Media9% finance & insurance
Home Value Growth⬆⬆+17.3% over 2 years
Retirees22% of residentsslightly above average
Homeowners79% of occupied units
Fountain Lake
AR

Frequently Asked Questions

What are today's mortgage rates in Fountain Lake?

As of today, the 30-year fixed mortgage rate for Fountain Lake is approximately 6.909% (6.946% 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 Fountain Lake?

The median home value in Fountain Lake is $312k. The median monthly rent is $1,328. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fountain Lake?

Home values in Fountain Lake have increased 17.3% 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 Fountain Lake?

Based on a typical all-in ownership cost of $1,231/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fountain Lake is $85k/year.

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What industries drive the economy in Fountain Lake?

The largest employment sectors in Fountain Lake are public administration (23%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.