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Morrison Bluff

Learn about the people, housing, costs and businesses in Morrison Bluff, Arkansas

Median Home$165,900
Median Rent$611/month
Population84
Leading IndustriesTransportation · Public Administration5% transportation
Home Value Growth⬆⬆⬆+27.2% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners90% of occupied units
NotableHighly Educated28% bachelor's · 14% graduate · top 12% nationally
NotableAffordable Market$166k median home · lower cost than 67% of the country
Morrison Bluff
AR

Frequently Asked Questions

What are today's mortgage rates in Morrison Bluff?

As of today, the 30-year fixed mortgage rate for Morrison Bluff is approximately 6.841% (6.875% 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 Morrison Bluff
What is the median home price in Morrison Bluff?

The median home value in Morrison Bluff is $166k. The median monthly rent is $611. Annual property taxes average $849. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morrison Bluff?

Home values in Morrison Bluff have increased 27.2% 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 Morrison Bluff?

Based on a typical all-in ownership cost of $564/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morrison Bluff is $73k/year.

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What industries drive the economy in Morrison Bluff?

The largest employment sectors in Morrison Bluff are public administration (30%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.