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Ouachita River

Learn about the people, housing, costs and businesses in Ouachita River, Arkansas

Median Home$155,675
Median Rent$684/month
Population4,893
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing13% construction
Home Value Growth⬆⬆⬆+30.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$156k median home · lower cost than 82% of the country
NotableVeteran Community8% of residents · top 27% nationally
Ouachita River
AR

Frequently Asked Questions

What are today's mortgage rates in Ouachita River?

As of today, the 30-year fixed mortgage rate for Ouachita River is approximately 6.947% (6.985% 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 Ouachita River?

The median home value in Ouachita River is $156k. The median monthly rent is $684. Annual property taxes average $803. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ouachita River?

Home values in Ouachita River have increased 30.7% 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 Ouachita River?

Based on a typical all-in ownership cost of $659/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 Ouachita River is $52k/year.

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What industries drive the economy in Ouachita River?

The largest employment sectors in Ouachita River are public administration (24%) and agriculture and mining (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.