The typical owner-occupied home in Desha is worth about $117,600, 37% below the Arkansas median of $188,000 and 65% below the national median of $332,700. The median household earns $68,403 a year, so the median home costs 1.7 times the median income (3.1 times for Arkansas). 83% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Desha at a glance
| Desha | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $117,600 | $188,000 | $332,700 |
| Median property tax paid per year | – | $1,040 | $3,119 |
| Median household income | $68,403 | $60,773 | $80,734 |
| Homes lived in by their owners | 83% | 66% | 65% |
| Owner homes with a mortgage | 63% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $961 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 18.5% | 21.0% |
| Median rent | $632 | $947 | $1,413 |
| Rent as a share of renters' income | 45.0% | 27.6% | 30.6% |
| Median year homes were built | 1984 | 1987 | 1980 |
| Vacant homes | 15.0% | 13.5% | 10.1% |
| Population | 679 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Desha
At this week's average 30-year rate of 7.11%, buying the median Desha home of $117,600 with 20% down costs about $790 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $986, 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 $33,843 for the 20%-down payment. That payment is 14% of the median Desha household income of $68,403; at that income and 20% down, the 28% guideline points to a home of about $238,000.
The median rent here is $632 a month, so owning the median home costs about $158 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,520 |
|---|---|
| Loan amount | $94,080 |
| Principal and interest | $633 |
| Property taxes (1.10% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $790 |
Change the numbers in the calculator
| Down payment | $4,116 |
|---|---|
| Loan amount | $115,470 |
| Principal and interest | $777 |
| Property taxes (1.10% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $986 |
Change the numbers in the calculator
Questions about home buying in Desha
What is the median home value in Desha?
About $117,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Desha?
For the median home with 20% down at 7.11%, the payment is about $790 a month. Keeping that under 28% of gross income takes about $33,843 a year.
More about Desha
- Mortgage Refinance in Desha
- Debt Relief in Desha
- Home Equity Loans in Desha
- 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