The typical owner-occupied home in Ratcliff is worth about $115,300, 39% below the Arkansas median of $188,000 and 65% below the national median of $332,700. The median household earns $48,125 a year, so the median home costs 2.4 times the median income (3.1 times for Arkansas). 92% of occupied homes here are lived in by their owners, and 22% of those owners still have a mortgage.
Ratcliff at a glance
| Ratcliff | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $115,300 | $188,000 | $332,700 |
| Median property tax paid per year | – | $1,040 | $3,119 |
| Median household income | $48,125 | $60,773 | $80,734 |
| Homes lived in by their owners | 92% | 66% | 65% |
| Owner homes with a mortgage | 22% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $950 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 13.0% | 18.5% | 21.0% |
| Median rent | – | $947 | $1,413 |
| Median year homes were built | 1994 | 1987 | 1980 |
| Vacant homes | 19.7% | 13.5% | 10.1% |
| Population | 97 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Ratcliff
At this week's average 30-year rate of 7.11%, buying the median Ratcliff home of $115,300 with 20% down costs about $774 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $966, 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 $33,181 for the 20%-down payment. That payment is 19% of the median Ratcliff household income of $48,125; at that income and 20% down, the 28% guideline points to a home of about $167,000.
| Down payment | $23,060 |
|---|---|
| Loan amount | $92,240 |
| Principal and interest | $620 |
| Property taxes (1.10% a year) | $106 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $774 |
Change the numbers in the calculator
| Down payment | $4,036 |
|---|---|
| Loan amount | $113,212 |
| Principal and interest | $762 |
| Property taxes (1.10% a year) | $106 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $966 |
Change the numbers in the calculator
Questions about home buying in Ratcliff
What is the median home value in Ratcliff?
About $115,300 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 Ratcliff?
For the median home with 20% down at 7.11%, the payment is about $774 a month. Keeping that under 28% of gross income takes about $33,181 a year.
More about Ratcliff
- Mortgage Refinance in Ratcliff
- Debt Relief in Ratcliff
- Home Equity Loans in Ratcliff
- 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