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Hillcrest

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

Median Home$159,548
Median Rent$687/month
Population6,713
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade11% construction
Home Value Growth⬆⬆+19.6% over 2 years
Retirees23% of residentsslightly above average
Homeowners78% of occupied units
NotableAffordable Market$160k median home · lower cost than 80% of the country
NotableVeteran Community8% of residents · top 27% nationally
Hillcrest
AR

Frequently Asked Questions

What are today's mortgage rates in Hillcrest?

As of today, the 30-year fixed mortgage rate for Hillcrest is approximately 6.996% (7.039% 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 Hillcrest?

The median home value in Hillcrest is $160k. The median monthly rent is $687. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hillcrest?

Home values in Hillcrest have increased 19.6% 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 Hillcrest?

Based on a typical all-in ownership cost of $738/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hillcrest is $65k/year.

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What industries drive the economy in Hillcrest?

The largest employment sectors in Hillcrest are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.