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Moro

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

Median Home$103,900
Median Rent$723/month
Population187
Leading IndustriesConstruction · Transportation · Agriculture & Mining26% construction
Retirees24% of residentsslightly above average
Homeowners85% of occupied units
NotableTransit88/100 · excellent transit access
NotableAffordable Market$104k median home · lower cost than 91% of the country
Moro
AR

Frequently Asked Questions

What are today's mortgage rates in Moro?

As of today, the 30-year fixed mortgage rate for Moro is approximately 6.965% (7.006% 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 Moro?

The median home value in Moro is $104k. The median monthly rent is $723. Annual property taxes average $402. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Moro?

Based on a typical all-in ownership cost of $663/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Moro is $47k/year.

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What industries drive the economy in Moro?

The largest employment sectors in Moro are agriculture and mining (26%) and construction (26%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.