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Violet Hill

Learn about the people, housing, costs and businesses in Violet Hill, Arkansas

Median Home$106,300
Median Rent$604/month
Population38
Leading IndustriesTransportation · Wholesale Trade · Education5% transportation
Home Value Growth⬆⬆+15.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners69% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$106k median home · lower cost than 90% of the country
Violet Hill
AR

Frequently Asked Questions

What are today's mortgage rates in Violet Hill?

As of today, the 30-year fixed mortgage rate for Violet Hill is approximately 6.929% (6.966% 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 Violet Hill?

The median home value in Violet Hill is $106k. The median monthly rent is $604. Annual property taxes average $636. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Violet Hill?

Home values in Violet Hill have increased 15.6% 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 Violet Hill?

Based on a typical all-in ownership cost of $580/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Violet Hill is $46k/year.

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What industries drive the economy in Violet Hill?

The largest employment sectors in Violet Hill are public administration (22%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.