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New Edinburg

Learn about the people, housing, costs and businesses in New Edinburg, Arkansas

Median Home$141,200
Median Rent$875/month
Population131
Leading IndustriesPublic Administration · Construction · Agriculture & Mining30% public administration
Home Value Growth+0.6% over 2 years
Young Adults23% of residents
Homeowners87% of occupied units
New Edinburg
AR

Frequently Asked Questions

What are today's mortgage rates in New Edinburg?

As of today, the 30-year fixed mortgage rate for New Edinburg is approximately 7.601% (7.661% 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 New Edinburg?

The median home value in New Edinburg is $141k. The median monthly rent is $875. Annual property taxes average $673. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Edinburg?

Home values in New Edinburg have increased 0.6% over the past two years. The market has been relatively stable. 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 New Edinburg?

Based on a typical all-in ownership cost of $706/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Edinburg is $61k/year.

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What industries drive the economy in New Edinburg?

The largest employment sectors in New Edinburg are public administration (30%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.