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Menifee

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

Median Home$145,300
Median Rent$970/month
Population330
Leading IndustriesEducation · Finance & Insurance · Information & Media4% education
Home Value Growth⬆⬆⬆+36.5% over 2 years
Retirees21% of residentsnear the national average
Homeowners73% of occupied units
NotableTransit81/100 · excellent transit access
NotableHighly Educated23% bachelor's · 12% graduate · top 23% nationally
Menifee
AR

Frequently Asked Questions

What are today's mortgage rates in Menifee?

As of today, the 30-year fixed mortgage rate for Menifee is approximately 6.827% (6.861% 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 Menifee?

The median home value in Menifee is $145k. The median monthly rent is $970. Annual property taxes average $713. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Menifee?

Home values in Menifee have increased 36.5% 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 Menifee?

Based on a typical all-in ownership cost of $736/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Menifee is $53k/year.

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What industries drive the economy in Menifee?

The largest employment sectors in Menifee are public administration (18%) and information and media (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.