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Phillips County Housing Market

Arkansas · 75 counties · Ranked #44 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$76,200

vs national$76,200 vs $281,900 national

Median Gross Rent

$756/mo

vs national$756 vs $1,163 national

Effective Tax Rate

0.66%

vs national0.66% vs 1.02% national

Median Household Income

$38,874

vs national$38,874 vs $74,755 national

Affordability Ratio

2x

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

Rent Burden

37.0%

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

More Housing Data

Property Tax (Median)

$500

Tax as % of Home Value

0.66%

Monthly Owner Cost

$550

Renter Income

$23,203

Frequently Asked Questions

What is the median home value in Phillips County?
The median home value in Phillips County is $76,200. This is below the national median of $281,900.
How much is rent in Phillips County?
The median gross rent in Phillips County is $756 per month.
What is the property tax rate in Phillips County?
The effective property tax rate in Phillips County is 0.66%. The median annual property tax bill is $500.
Is Phillips County affordable?
With a home-value-to-income ratio of 2x, Phillips 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.