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Twin Groves

Learn about the people, housing, costs and businesses in Twin Groves, Arkansas

Median Home$211,300
Median Rent$1,017/month
Population296
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services13% arts, food & hospitality
Home Value Growth⬆⬆+17.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableHighly Educated32% bachelor's · 16% graduate · top 6% nationally
NotableTransit82/100 · excellent transit access
Twin Groves
AR

Frequently Asked Questions

What are today's mortgage rates in Twin Groves?

As of today, the 30-year fixed mortgage rate for Twin Groves is approximately 6.869% (6.904% 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 Twin Groves?

The median home value in Twin Groves is $211k. The median monthly rent is $1,017. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Twin Groves?

Home values in Twin Groves have increased 17.6% 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 Twin Groves?

Based on a typical all-in ownership cost of $872/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Twin Groves is $73k/year.

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What industries drive the economy in Twin Groves?

The largest employment sectors in Twin Groves are public administration (25%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.