The typical owner-occupied home in Dierks is worth about $100,200, 47% below the Arkansas median of $188,000 and 70% below the national median of $332,700. Owners pay a median $524 a year in property taxes, about 0.52% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $22,188 a year, so the median home costs 4.5 times the median income (3.1 times for Arkansas). 63% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Dierks at a glance
| Dierks | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $100,200 | $188,000 | $332,700 |
| Median property tax paid per year | $524 | $1,040 | $3,119 |
| Property tax as a share of value | 0.52% | 0.55% | 0.94% |
| Median household income | $22,188 | $60,773 | $80,734 |
| Homes lived in by their owners | 63% | 66% | 65% |
| Owner homes with a mortgage | 25% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $992 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 18.5% | 21.0% |
| Median rent | $479 | $947 | $1,413 |
| Rent as a share of renters' income | 39.6% | 27.6% | 30.6% |
| Median year homes were built | 1974 | 1987 | 1980 |
| Vacant homes | 20.9% | 13.5% | 10.1% |
| Population | 728 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Dierks
At this week's average 30-year rate of 7.11%, buying the median Dierks home of $100,200 with 20% down costs about $624 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $791, 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 $26,760 for the 20%-down payment. That payment is 34% of the median Dierks household income of $22,188; at that income and 20% down, the 28% guideline points to a home of about $83,000.
The median rent here is $479 a month, so owning the median home costs about $145 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,040 |
|---|---|
| Loan amount | $80,160 |
| Principal and interest | $539 |
| Property taxes (0.52% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| PMI | $0 |
| Total per month | $624 |
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| Down payment | $3,507 |
|---|---|
| Loan amount | $98,385 |
| Principal and interest | $662 |
| Property taxes (0.52% a year) | $43 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| FHA mortgage insurance | $44 |
| Total per month | $791 |
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Questions about home buying in Dierks
What is the median home value in Dierks?
About $100,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dierks?
Homeowners pay a median $524 a year, which is about 0.52% 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 Dierks?
For the median home with 20% down at 7.11%, the payment is about $624 a month. Keeping that under 28% of gross income takes about $26,760 a year.
More about Dierks
- Mortgage Refinance in Dierks
- Debt Relief in Dierks
- Home Equity Loans in Dierks
- 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