The typical owner-occupied home in Alicia is worth about $55,000, 71% below the Arkansas median of $188,000 and 83% below the national median of $332,700. Owners pay a median $245 a year in property taxes, about 0.45% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $23,750 a year, so the median home costs 2.3 times the median income (3.1 times for Arkansas). 81% of occupied homes here are lived in by their owners, and 9% of those owners still have a mortgage.
Alicia at a glance
| Alicia | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $55,000 | $188,000 | $332,700 |
| Median property tax paid per year | $245 | $1,040 | $3,119 |
| Property tax as a share of value | 0.45% | 0.55% | 0.94% |
| Median household income | $23,750 | $60,773 | $80,734 |
| Homes lived in by their owners | 81% | 66% | 65% |
| Owner homes with a mortgage | 9% | 53% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,345 | $1,963 |
| Median rent | – | $947 | $1,413 |
| Median year homes were built | 1942 | 1987 | 1980 |
| Vacant homes | 23.0% | 13.5% | 10.1% |
| Population | 138 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Alicia
At this week's average 30-year rate of 7.11%, buying the median Alicia home of $55,000 with 20% down costs about $340 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $431, 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 $14,551 for the 20%-down payment. That payment is 17% of the median Alicia household income of $23,750; at that income and 20% down, the 28% guideline points to a home of about $90,000.
| Down payment | $11,000 |
|---|---|
| Loan amount | $44,000 |
| Principal and interest | $296 |
| Property taxes (0.45% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| PMI | $0 |
| Total per month | $340 |
Change the numbers in the calculator
| Down payment | $1,925 |
|---|---|
| Loan amount | $54,004 |
| Principal and interest | $363 |
| Property taxes (0.45% a year) | $21 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| FHA mortgage insurance | $24 |
| Total per month | $431 |
Change the numbers in the calculator
Questions about home buying in Alicia
What is the median home value in Alicia?
About $55,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Alicia?
Homeowners pay a median $245 a year, which is about 0.45% 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 Alicia?
For the median home with 20% down at 7.11%, the payment is about $340 a month. Keeping that under 28% of gross income takes about $14,551 a year.
More about Alicia
- Mortgage Refinance in Alicia
- Debt Relief in Alicia
- Home Equity Loans in Alicia
- 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