Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Hazen

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

Median Home$518,551
Median Rent$1,421/month
Population213,443
Leading IndustriesArts, Food & Hospitality · Professional Services · Public Administration8% arts, food & hospitality
Home Value Growth⬆⬆+17.3% over 2 years
Retirees22% of residentsslightly above average
Homeowners71% of occupied units
NotableHigh Incomes$97k/year · top 17% nationally
NotableHighly Educated23% bachelor's · 11% graduate · top 20% nationally
Hazen
AR

Frequently Asked Questions

What are today's mortgage rates in Hazen?

As of today, the 30-year fixed mortgage rate for Hazen is approximately 6.911% (6.948% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Hazen
What is the median home price in Hazen?

The median home value in Hazen is $519k. The median monthly rent is $1,421. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hazen?

Home values in Hazen 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 Hazen?

Based on a typical all-in ownership cost of $1,603/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hazen is $97k/year.

Calculate your buying power
What industries drive the economy in Hazen?

The largest employment sectors in Hazen are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.