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Buying a home in Egypt, Arkansas

The typical owner-occupied home in Egypt is worth about $75,000, 60% below the Arkansas median of $188,000 and 77% below the national median of $332,700. Owners pay a median $199 a year in property taxes, about 0.27% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $28,750 a year, so the median home costs 2.6 times the median income (3.1 times for Arkansas). 61% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.

Egypt at a glance

Egypt Arkansas U.S.
Median home value $75,000 $188,000 $332,700
Median property tax paid per year $199 $1,040 $3,119
Property tax as a share of value 0.27% 0.55% 0.94%
Median household income $28,750 $60,773 $80,734
Homes lived in by their owners 61% 66% 65%
Owner homes with a mortgage 29% 53% 61%
Median monthly costs, owners with a mortgage – $1,345 $1,963
Median rent – $947 $1,413
Median year homes were built 1957 1987 1980
Vacant homes 28.1% 13.5% 10.1%
Population 57 3,049,391 334,922,499

What a typical home costs per month in Egypt

At this week's average 30-year rate of 7.11%, buying the median Egypt home of $75,000 with 20% down costs about $452 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $577, 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 $19,361 for the 20%-down payment. That payment is 19% of the median Egypt household income of $28,750; at that income and 20% down, the 28% guideline points to a home of about $111,000.

20% down, 30-year conventional loan
Down payment$15,000
Loan amount$60,000
Principal and interest$404
Property taxes (0.27% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$31
PMI$0
Total per month$452

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3.5% down, 30-year FHA loan
Down payment$2,625
Loan amount$73,642
Principal and interest$495
Property taxes (0.27% a year)$17
Homeowners insurance (our estimate, 0.5% a year)$31
FHA mortgage insurance$33
Total per month$577

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Questions about home buying in Egypt

What is the median home value in Egypt?

About $75,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Egypt?

Homeowners pay a median $199 a year, which is about 0.27% 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 Egypt?

For the median home with 20% down at 7.11%, the payment is about $452 a month. Keeping that under 28% of gross income takes about $19,361 a year.

More about Egypt

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