The typical owner-occupied home in Rogers is worth about $308,200, 64% above the Arkansas median of $188,000 and 7% below the national median of $332,700. Owners pay a median $1,565 a year in property taxes, about 0.51% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $86,728 a year, so the median home costs 3.6 times the median income (3.1 times for Arkansas). 57% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Rogers at a glance
| Rogers | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $308,200 | $188,000 | $332,700 |
| Median property tax paid per year | $1,565 | $1,040 | $3,119 |
| Property tax as a share of value | 0.51% | 0.55% | 0.94% |
| Median household income | $86,728 | $60,773 | $80,734 |
| Homes lived in by their owners | 57% | 66% | 65% |
| Owner homes with a mortgage | 64% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,685 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 16.9% | 18.5% | 21.0% |
| Median rent | $1,270 | $947 | $1,413 |
| Rent as a share of renters' income | 23.7% | 27.6% | 30.6% |
| Median year homes were built | 1998 | 1987 | 1980 |
| Vacant homes | 8.1% | 13.5% | 10.1% |
| Population | 72,981 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Rogers
At this week's average 30-year rate of 7.11%, buying the median Rogers home of $308,200 with 20% down costs about $1,918 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,431, 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 $82,201 for the 20%-down payment. That payment is 27% of the median Rogers household income of $86,728; at that income and 20% down, the 28% guideline points to a home of about $325,000.
The median rent here is $1,270 a month, so owning the median home costs about $648 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $61,640 |
|---|---|
| Loan amount | $246,560 |
| Principal and interest | $1,659 |
| Property taxes (0.51% a year) | $131 |
| Homeowners insurance (our estimate, 0.5% a year) | $128 |
| PMI | $0 |
| Total per month | $1,918 |
Change the numbers in the calculator
| Down payment | $10,787 |
|---|---|
| Loan amount | $302,618 |
| Principal and interest | $2,036 |
| Property taxes (0.51% a year) | $131 |
| Homeowners insurance (our estimate, 0.5% a year) | $128 |
| FHA mortgage insurance | $136 |
| Total per month | $2,431 |
Change the numbers in the calculator
Questions about home buying in Rogers
What is the median home value in Rogers?
About $308,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rogers?
Homeowners pay a median $1,565 a year, which is about 0.51% 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 Rogers?
For the median home with 20% down at 7.11%, the payment is about $1,918 a month. Keeping that under 28% of gross income takes about $82,201 a year.
More about Rogers
- Mortgage Refinance in Rogers
- Debt Relief in Rogers
- Home Equity Loans in Rogers
- 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