The typical owner-occupied home in Burdette is worth about $108,600, 42% below the Arkansas median of $188,000 and 67% below the national median of $332,700. The median household earns $122,188 a year, so the median home costs 0.9 times the median income (3.1 times for Arkansas). 46% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Burdette at a glance
| Burdette | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $108,600 | $188,000 | $332,700 |
| Median property tax paid per year | – | $1,040 | $3,119 |
| Median household income | $122,188 | $60,773 | $80,734 |
| Homes lived in by their owners | 46% | 66% | 65% |
| Owner homes with a mortgage | 37% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $865 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 18.5% | 21.0% |
| Median rent | $978 | $947 | $1,413 |
| Rent as a share of renters' income | 13.2% | 27.6% | 30.6% |
| Median year homes were built | 1969 | 1987 | 1980 |
| Vacant homes | 7.3% | 13.5% | 10.1% |
| Population | 233 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Burdette
At this week's average 30-year rate of 7.11%, buying the median Burdette home of $108,600 with 20% down costs about $729 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $910, 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 $31,254 for the 20%-down payment. That payment is 7% of the median Burdette household income of $122,188; at that income and 20% down, the 28% guideline points to a home of about $425,000.
The median rent here is $978 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,720 |
|---|---|
| Loan amount | $86,880 |
| Principal and interest | $584 |
| Property taxes (1.10% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $729 |
Change the numbers in the calculator
| Down payment | $3,801 |
|---|---|
| Loan amount | $106,633 |
| Principal and interest | $717 |
| Property taxes (1.10% a year) | $100 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $910 |
Change the numbers in the calculator
Questions about home buying in Burdette
What is the median home value in Burdette?
About $108,600 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 Burdette?
For the median home with 20% down at 7.11%, the payment is about $729 a month. Keeping that under 28% of gross income takes about $31,254 a year.
More about Burdette
- Mortgage Refinance in Burdette
- Debt Relief in Burdette
- Home Equity Loans in Burdette
- 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