Income needed to buy a home
Ashley County, AR
$28,935
a year in household income to buy the typical Ashley County home with 10% down.
The monthly math
Typical home value$89,495
Down payment (10%)$8,950
Loan$80,546
Principal and interest (7.40%)$558/mo
Property tax (0.53% a year)$39/mo
Homeowners insurance (estimate)$45/mo
Mortgage insurance$34/mo
Total monthly cost$675/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Comfortable
The typical household here earns $44,266 a year, 53% more than it takes.
In Arkansas
Ashley County ranks #5 of 74 for the income a home takes, from least to most.
Easiest to afford in Arkansas
| County | Typical home | Income needed |
|---|---|---|
| Phillips County | $50,311 | $16,696 |
| Woodruff County | $86,149 | $27,708 |
| Jefferson County | $85,684 | $28,039 |
| St. Francis County | $88,525 | $28,482 |
| Monroe County | $94,389 | $29,209 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.