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Chicot County Housing Market

Arkansas · 75 counties · Ranked #156 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$90,500

vs national$90,500 vs $281,900 national

Median Gross Rent

$661/mo

vs national$661 vs $1,163 national

Effective Tax Rate

0.55%

vs national0.55% vs 1.02% national

Median Household Income

$39,683

vs national$39,683 vs $74,755 national

Affordability Ratio

2.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

23.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$494

Tax as % of Home Value

0.55%

Monthly Owner Cost

$549

Renter Income

$33,810

Frequently Asked Questions

What is the median home value in Chicot County?
The median home value in Chicot County is $90,500. This is below the national median of $281,900.
How much is rent in Chicot County?
The median gross rent in Chicot County is $661 per month.
What is the property tax rate in Chicot County?
The effective property tax rate in Chicot County is 0.55%. The median annual property tax bill is $494.
Is Chicot County affordable?
With a home-value-to-income ratio of 2.3x, Chicot County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.