The typical owner-occupied home in Cross County is worth about $117,500, 38% below the Arkansas median of $188,000 and 65% below the national median of $332,700. Owners pay a median $596 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 $50,863 a year, so the median home costs 2.3 times the median income (3.1 times for Arkansas). 68% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Cross County at a glance
| Cross County | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $117,500 | $188,000 | $332,700 |
| Median property tax paid per year | $596 | $1,040 | $3,119 |
| Property tax as a share of value | 0.51% | 0.55% | 0.94% |
| Median household income | $50,863 | $60,773 | $80,734 |
| Homes lived in by their owners | 68% | 66% | 65% |
| Owner homes with a mortgage | 45% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,146 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 16.9% | 18.5% | 21.0% |
| Median rent | $764 | $947 | $1,413 |
| Rent as a share of renters' income | 29.6% | 27.6% | 30.6% |
| Median year homes were built | 1981 | 1987 | 1980 |
| Vacant homes | 14.5% | 13.5% | 10.1% |
| Population | 16,543 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Cross County
At this week's average 30-year rate of 7.11%, buying the median Cross County home of $117,500 with 20% down costs about $731 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $927, 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 $31,339 for the 20%-down payment. That payment is 17% of the median Cross County household income of $50,863; at that income and 20% down, the 28% guideline points to a home of about $191,000.
The median rent here is $764 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,500 |
|---|---|
| Loan amount | $94,000 |
| Principal and interest | $632 |
| Property taxes (0.51% a year) | $50 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $731 |
Change the numbers in the calculator
| Down payment | $4,112 |
|---|---|
| Loan amount | $115,372 |
| Principal and interest | $776 |
| Property taxes (0.51% a year) | $50 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $927 |
Change the numbers in the calculator
Questions about home buying in Cross County
What is the median home value in Cross County?
About $117,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cross County?
Homeowners pay a median $596 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 Cross County?
For the median home with 20% down at 7.11%, the payment is about $731 a month. Keeping that under 28% of gross income takes about $31,339 a year.
More about Cross County
- Mortgage Refinance in Cross County
- Debt Relief in Cross County
- Home Equity Loans in Cross County
- 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