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Quitman

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

Median Home$178,202
Median Rent$842/month
Population708
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade12% information & media
Home Value Growth⬆⬆+17.1% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableTransit79/100 · excellent transit access
Quitman
AR

Frequently Asked Questions

What are today's mortgage rates in Quitman?

As of today, the 30-year fixed mortgage rate for Quitman is approximately 6.954% (6.992% 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 Quitman?

The median home value in Quitman is $178k. The median monthly rent is $842. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Quitman?

Home values in Quitman have increased 17.1% 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 Quitman?

Based on a typical all-in ownership cost of $730/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Quitman is $46k/year.

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What industries drive the economy in Quitman?

The largest employment sectors in Quitman are public administration (17%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.