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Kensett

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

Median Home$77,400
Median Rent$854/month
Population1,579
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services11% arts, food & hospitality
Home Value Growth⬆⬆+17.4% over 2 years
Young Adults27% of residentsnear the national average
Homeowners50% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableVeteran Community9% of residents · top 22% nationally
Kensett
AR

Frequently Asked Questions

What are today's mortgage rates in Kensett?

As of today, the 30-year fixed mortgage rate for Kensett is approximately 6.836% (6.870% 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 Kensett?

The median home value in Kensett is $77k. The median monthly rent is $854. Annual property taxes average $398. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kensett?

Home values in Kensett have increased 17.4% 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 Kensett?

Based on a typical all-in ownership cost of $706/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kensett is $30k/year.

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What industries drive the economy in Kensett?

The largest employment sectors in Kensett are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.