The typical owner-occupied home in Swifton is worth about $80,000, 57% below the Arkansas median of $188,000 and 76% below the national median of $332,700. Owners pay a median $368 a year in property taxes, about 0.46% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $58,000 a year, so the median home costs 1.4 times the median income (3.1 times for Arkansas). 62% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.
Swifton at a glance
| Swifton | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $80,000 | $188,000 | $332,700 |
| Median property tax paid per year | $368 | $1,040 | $3,119 |
| Property tax as a share of value | 0.46% | 0.55% | 0.94% |
| Median household income | $58,000 | $60,773 | $80,734 |
| Homes lived in by their owners | 62% | 66% | 65% |
| Owner homes with a mortgage | 55% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $927 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 11.9% | 18.5% | 21.0% |
| Median rent | $573 | $947 | $1,413 |
| Rent as a share of renters' income | 30.5% | 27.6% | 30.6% |
| Median year homes were built | 1979 | 1987 | 1980 |
| Vacant homes | 10.7% | 13.5% | 10.1% |
| Population | 1,101 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Swifton
At this week's average 30-year rate of 7.11%, buying the median Swifton home of $80,000 with 20% down costs about $495 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $628, 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 $21,194 for the 20%-down payment. That payment is 10% of the median Swifton household income of $58,000; at that income and 20% down, the 28% guideline points to a home of about $219,000.
The median rent here is $573 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $16,000 |
|---|---|
| Loan amount | $64,000 |
| Principal and interest | $431 |
| Property taxes (0.46% a year) | $31 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| PMI | $0 |
| Total per month | $495 |
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| Down payment | $2,800 |
|---|---|
| Loan amount | $78,551 |
| Principal and interest | $528 |
| Property taxes (0.46% a year) | $31 |
| Homeowners insurance (our estimate, 0.5% a year) | $33 |
| FHA mortgage insurance | $35 |
| Total per month | $628 |
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Questions about home buying in Swifton
What is the median home value in Swifton?
About $80,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Swifton?
Homeowners pay a median $368 a year, which is about 0.46% 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 Swifton?
For the median home with 20% down at 7.11%, the payment is about $495 a month. Keeping that under 28% of gross income takes about $21,194 a year.
More about Swifton
- Mortgage Refinance in Swifton
- Debt Relief in Swifton
- Home Equity Loans in Swifton
- 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