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Hoxie

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

Median Home$87,999
Median Rent$804/month
Population2,679
Leading IndustriesManufacturing · Retail · Agriculture & Mining2% manufacturing
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults24% of residents
Homeowners54% of occupied units
NotableAffordable Market$88k median home · lower cost than 95% of the country
Hoxie
AR

Frequently Asked Questions

What are today's mortgage rates in Hoxie?

As of today, the 30-year fixed mortgage rate for Hoxie is approximately 7.377% (7.430% 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 Hoxie?

The median home value in Hoxie is $88k. The median monthly rent is $804. Annual property taxes average $429. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hoxie?

Home values in Hoxie have increased 20.8% 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 Hoxie?

Based on a typical all-in ownership cost of $580/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hoxie is $35k/year.

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What industries drive the economy in Hoxie?

The largest employment sectors in Hoxie are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.