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Thornton

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

Median Home$134,017
Median Rent$749/month
Population327
Leading IndustryArts, Food & Hospitality8% of local workforce
Young Adults64% of residentstop 1% nationally
Homeowners90% of occupied units
NotableVeteran Community20% of residents · top 1% nationally
NotableAffordable Market$134k median home · lower cost than 80% of the country
Thornton
AR

Frequently Asked Questions

What are today's mortgage rates in Thornton?

As of today, the 30-year fixed mortgage rate for Thornton 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.

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What is the median home price in Thornton?

The median home value in Thornton is $134k. The median monthly rent is $749. Annual property taxes average $587. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Thornton?

Based on a typical all-in ownership cost of $550/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Thornton is $76k/year.

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What industries drive the economy in Thornton?

The largest employment sectors in Thornton are public administration (24%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.