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Mammoth Spring Schools

Learn about the people, housing, costs and businesses in Mammoth Spring Schools, Arkansas

Median Home$438,241
Median Rent$1,582/month
Population306,645
Leading IndustriesFinance & Insurance · Information & Media · Transportation7% finance & insurance
Home Value Growth⬆⬆+13.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners62% of occupied units
NotableHigh Incomes$93k/year · top 21% nationally
Mammoth Spring Schools
AR

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Mammoth Spring Schools?

As of today, the 30-year fixed mortgage rate for Mammoth Spring Schools is approximately 6.855% (6.890% 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 Mammoth Spring Schools?

The median home value in Mammoth Spring Schools is $438k. The median monthly rent is $1,582. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mammoth Spring Schools?

Home values in Mammoth Spring Schools have increased 13.1% 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 Mammoth Spring Schools?

Based on a typical all-in ownership cost of $1,636/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mammoth Spring Schools is $93k/year.

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What industries drive the economy in Mammoth Spring Schools?

The largest employment sectors in Mammoth Spring Schools are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.