The typical owner-occupied home in Saint Francis is worth about $47,800, 75% below the Arkansas median of $188,000 and 86% below the national median of $332,700. Owners pay a median $242 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 $37,188 a year, so the median home costs 1.3 times the median income (3.1 times for Arkansas). 83% of occupied homes here are lived in by their owners, and 21% of those owners still have a mortgage.
Saint Francis at a glance
| Saint Francis | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $47,800 | $188,000 | $332,700 |
| Median property tax paid per year | $242 | $1,040 | $3,119 |
| Property tax as a share of value | 0.51% | 0.55% | 0.94% |
| Median household income | $37,188 | $60,773 | $80,734 |
| Homes lived in by their owners | 83% | 66% | 65% |
| Owner homes with a mortgage | 21% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $688 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 15.0% | 18.5% | 21.0% |
| Median rent | $575 | $947 | $1,413 |
| Rent as a share of renters' income | 26.9% | 27.6% | 30.6% |
| Median year homes were built | 1964 | 1987 | 1980 |
| Vacant homes | 23.4% | 13.5% | 10.1% |
| Population | 177 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Saint Francis
At this week's average 30-year rate of 7.11%, buying the median Saint Francis home of $47,800 with 20% down costs about $297 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $377, 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 $12,749 for the 20%-down payment. That payment is 10% of the median Saint Francis household income of $37,188; at that income and 20% down, the 28% guideline points to a home of about $139,000.
The median rent here is $575 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $9,560 |
|---|---|
| Loan amount | $38,240 |
| Principal and interest | $257 |
| Property taxes (0.51% a year) | $20 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| PMI | $0 |
| Total per month | $297 |
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| Down payment | $1,673 |
|---|---|
| Loan amount | $46,934 |
| Principal and interest | $316 |
| Property taxes (0.51% a year) | $20 |
| Homeowners insurance (our estimate, 0.5% a year) | $20 |
| FHA mortgage insurance | $21 |
| Total per month | $377 |
Change the numbers in the calculator
Questions about home buying in Saint Francis
What is the median home value in Saint Francis?
About $47,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Saint Francis?
Homeowners pay a median $242 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 Saint Francis?
For the median home with 20% down at 7.11%, the payment is about $297 a month. Keeping that under 28% of gross income takes about $12,749 a year.
More about Saint Francis
- Mortgage Refinance in Saint Francis
- Debt Relief in Saint Francis
- Home Equity Loans in Saint Francis
- 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