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Perryville

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

Median Home$119,000
Median Rent$642/month
Population1,356
Leading IndustriesWholesale Trade · Manufacturing · Public Administration14% wholesale trade
Home Value Growth⬆⬆⬆+26.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners78% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$119k median home · lower cost than 85% of the country
Perryville
AR

Frequently Asked Questions

What are today's mortgage rates in Perryville?

As of today, the 30-year fixed mortgage rate for Perryville is approximately 6.989% (7.029% 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 Perryville?

The median home value in Perryville is $119k. The median monthly rent is $642. Annual property taxes average $516. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Perryville?

Home values in Perryville have increased 26.3% 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 Perryville?

Based on a typical all-in ownership cost of $510/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Perryville is $48k/year.

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What industries drive the economy in Perryville?

The largest employment sectors in Perryville are public administration (26%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.