The typical owner-occupied home in Bentonville is worth about $428,500, 2.3 times the Arkansas median of $188,000 and 29% above the national median of $332,700. Owners pay a median $2,871 a year in property taxes, about 0.67% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $112,792 a year, so the median home costs 3.8 times the median income (3.1 times for Arkansas). 50% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Bentonville at a glance
| Bentonville | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $428,500 | $188,000 | $332,700 |
| Median property tax paid per year | $2,871 | $1,040 | $3,119 |
| Property tax as a share of value | 0.67% | 0.55% | 0.94% |
| Median household income | $112,792 | $60,773 | $80,734 |
| Homes lived in by their owners | 50% | 66% | 65% |
| Owner homes with a mortgage | 72% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $2,131 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 18.5% | 21.0% |
| Median rent | $1,344 | $947 | $1,413 |
| Rent as a share of renters' income | 20.9% | 27.6% | 30.6% |
| Median year homes were built | 2007 | 1987 | 1980 |
| Vacant homes | 9.3% | 13.5% | 10.1% |
| Population | 58,249 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Bentonville
At this week's average 30-year rate of 7.11%, buying the median Bentonville home of $428,500 with 20% down costs about $2,724 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,438, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $116,736 for the 20%-down payment. That payment is 29% of the median Bentonville household income of $112,792; at that income and 20% down, the 28% guideline points to a home of about $414,000.
The median rent here is $1,344 a month, so owning the median home costs about $1,380 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $85,700 |
|---|---|
| Loan amount | $342,800 |
| Principal and interest | $2,306 |
| Property taxes (0.67% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $179 |
| PMI | $0 |
| Total per month | $2,724 |
Change the numbers in the calculator
| Down payment | $14,998 |
|---|---|
| Loan amount | $420,739 |
| Principal and interest | $2,830 |
| Property taxes (0.67% a year) | $239 |
| Homeowners insurance (our estimate, 0.5% a year) | $179 |
| FHA mortgage insurance | $190 |
| Total per month | $3,438 |
Change the numbers in the calculator
Questions about home buying in Bentonville
What is the median home value in Bentonville?
About $428,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bentonville?
Homeowners pay a median $2,871 a year, which is about 0.67% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Bentonville?
For the median home with 20% down at 7.11%, the payment is about $2,724 a month. Keeping that under 28% of gross income takes about $116,736 a year.
More about Bentonville
- Mortgage Refinance in Bentonville
- Debt Relief in Bentonville
- Home Equity Loans in Bentonville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data