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Magazine

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

Median Home$153,727
Median Rent$699/month
Population741
Leading IndustriesProfessional Services · Manufacturing · Construction3% professional services
Home Value Growth⬆⬆+14.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
NotableAffordable Market$154k median home · lower cost than 73% of the country
Magazine
AR

Frequently Asked Questions

What are today's mortgage rates in Magazine?

As of today, the 30-year fixed mortgage rate for Magazine is approximately 6.961% (7.002% 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 Magazine?

The median home value in Magazine is $154k. The median monthly rent is $699. Annual property taxes average $701. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Magazine?

Home values in Magazine have increased 14.3% 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 Magazine?

Based on a typical all-in ownership cost of $669/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Magazine is $64k/year.

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What industries drive the economy in Magazine?

The largest employment sectors in Magazine are public administration (29%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.