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Lepanto

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

Median Home$77,500
Median Rent$636/month
Population1,710
Leading IndustriesEducation · Manufacturing · Professional Services4% education
Home Value Growth⬆⬆⬆+31.0% over 2 years
Retirees34% of residentstop 4% nationally
Homeowners72% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$78k median home · lower cost than 98% of the country
Lepanto
AR

Frequently Asked Questions

What are today's mortgage rates in Lepanto?

As of today, the 30-year fixed mortgage rate for Lepanto is approximately 6.866% (6.901% 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 Lepanto
What is the median home price in Lepanto?

The median home value in Lepanto is $78k. The median monthly rent is $636. Annual property taxes average $418. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lepanto?

Home values in Lepanto have increased 31.0% 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 Lepanto?

Based on a typical all-in ownership cost of $611/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lepanto is $49k/year.

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What industries drive the economy in Lepanto?

The largest employment sectors in Lepanto are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.