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Learn about the people, housing, costs and businesses in Okolona, Arkansas
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FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Okolona.
True all-in cost — P&I, taxes, insurance & utilities for homes in Okolona.
Find and compare lenders active near Okolona.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Okolona.
Seismic risk and earthquake insurance estimates for Okolona.
Wildfire exposure and insurance estimates for Okolona.
As of today, the 30-year fixed mortgage rate for Okolona is approximately 6.992% (7.035% 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 OkolonaThe median home value in Okolona is $123k. The median monthly rent is $821. Annual property taxes average $739. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Okolona have increased 36.4% 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.
Based on a typical all-in ownership cost of $606/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Okolona is $48k/year.
Calculate your buying powerThe largest employment sectors in Okolona are public administration (22%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.