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Buying a home in Marianna, Arkansas

The typical owner-occupied home in Marianna is worth about $81,700, 57% below the Arkansas median of $188,000 and 75% below the national median of $332,700. Owners pay a median $622 a year in property taxes, about 0.76% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $20,138 a year, so the median home costs 4.1 times the median income (3.1 times for Arkansas). 30% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.

Marianna at a glance

Marianna Arkansas U.S.
Median home value $81,700 $188,000 $332,700
Median property tax paid per year $622 $1,040 $3,119
Property tax as a share of value 0.76% 0.55% 0.94%
Median household income $20,138 $60,773 $80,734
Homes lived in by their owners 30% 66% 65%
Owner homes with a mortgage 31% 53% 61%
Median monthly costs, owners with a mortgage $905 $1,345 $1,963
Those costs as a share of the owners' income 24.2% 18.5% 21.0%
Median rent $660 $947 $1,413
Rent as a share of renters' income 39.8% 27.6% 30.6%
Median year homes were built 1968 1987 1980
Vacant homes 29.8% 13.5% 10.1%
Population 3,417 3,049,391 334,922,499

What a typical home costs per month in Marianna

At this week's average 30-year rate of 7.11%, buying the median Marianna home of $81,700 with 20% down costs about $525 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $662, 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 $22,520 for the 20%-down payment. That payment is 31% of the median Marianna household income of $20,138; at that income and 20% down, the 28% guideline points to a home of about $73,000.

The median rent here is $660 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$16,340
Loan amount$65,360
Principal and interest$440
Property taxes (0.76% a year)$52
Homeowners insurance (our estimate, 0.5% a year)$34
PMI$0
Total per month$525

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3.5% down, 30-year FHA loan
Down payment$2,860
Loan amount$80,220
Principal and interest$540
Property taxes (0.76% a year)$52
Homeowners insurance (our estimate, 0.5% a year)$34
FHA mortgage insurance$36
Total per month$662

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Questions about home buying in Marianna

What is the median home value in Marianna?

About $81,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Marianna?

Homeowners pay a median $622 a year, which is about 0.76% 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 Marianna?

For the median home with 20% down at 7.11%, the payment is about $525 a month. Keeping that under 28% of gross income takes about $22,520 a year.

More about Marianna

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