Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mulberry

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

Median Home$164,215
Median Rent$1,049/month
Population205,406
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth⬆⬆+17.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners69% of occupied units
NotableHighly Educated22% bachelor's · 17% graduate · top 24% nationally
Mulberry
AR

Frequently Asked Questions

What are today's mortgage rates in Mulberry?

As of today, the 30-year fixed mortgage rate for Mulberry is approximately 6.979% (7.021% 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 Mulberry
What is the median home price in Mulberry?

The median home value in Mulberry is $164k. The median monthly rent is $1,049. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mulberry?

Home values in Mulberry have increased 17.0% 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 Mulberry?

Based on a typical all-in ownership cost of $954/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mulberry is $65k/year.

Calculate your buying power
What industries drive the economy in Mulberry?

The largest employment sectors in Mulberry are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.