Home/Arkansas/Hempstead County

Hempstead County Housing Market

Arkansas · 75 counties · Ranked #268 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$100,200

vs national$100,200 vs $281,900 national

Median Gross Rent

$781/mo

vs national$781 vs $1,163 national

Effective Tax Rate

0.50%

vs national0.50% vs 1.02% national

Median Household Income

$47,654

vs national$47,654 vs $74,755 national

Affordability Ratio

2.1x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$503

Tax as % of Home Value

0.50%

Monthly Owner Cost

$534

Renter Income

$29,042

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Frequently Asked Questions

What is the median home value in Hempstead County?

The median home value in Hempstead County is $100,200. This is below the national median of $281,900.

How much is rent in Hempstead County?

The median gross rent in Hempstead County is $781 per month.

What is the property tax rate in Hempstead County?

The effective property tax rate in Hempstead County is 0.50%. The median annual property tax bill is $503.

Is Hempstead County affordable?

With a home-value-to-income ratio of 2.1x, Hempstead 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.