The typical owner-occupied home in Etowah is worth about $82,800, 56% below the Arkansas median of $188,000 and 75% below the national median of $332,700. The median household earns $24,659 a year, so the median home costs 3.4 times the median income (3.1 times for Arkansas). 62% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Etowah at a glance
| Etowah | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $82,800 | $188,000 | $332,700 |
| Median property tax paid per year | – | $1,040 | $3,119 |
| Median household income | $24,659 | $60,773 | $80,734 |
| Homes lived in by their owners | 62% | 66% | 65% |
| Owner homes with a mortgage | 31% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,029 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 18.5% | 21.0% |
| Median rent | $628 | $947 | $1,413 |
| Rent as a share of renters' income | 43.7% | 27.6% | 30.6% |
| Median year homes were built | 1995 | 1987 | 1980 |
| Vacant homes | 13.6% | 13.5% | 10.1% |
| Population | 316 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Etowah
At this week's average 30-year rate of 7.11%, buying the median Etowah home of $82,800 with 20% down costs about $556 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $694, 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 $23,829 for the 20%-down payment. That payment is 27% of the median Etowah household income of $24,659; at that income and 20% down, the 28% guideline points to a home of about $86,000.
The median rent here is $628 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $16,560 |
|---|---|
| Loan amount | $66,240 |
| Principal and interest | $446 |
| Property taxes (1.10% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| PMI | $0 |
| Total per month | $556 |
Change the numbers in the calculator
| Down payment | $2,898 |
|---|---|
| Loan amount | $81,300 |
| Principal and interest | $547 |
| Property taxes (1.10% a year) | $76 |
| Homeowners insurance (our estimate, 0.5% a year) | $34 |
| FHA mortgage insurance | $37 |
| Total per month | $694 |
Change the numbers in the calculator
Questions about home buying in Etowah
What is the median home value in Etowah?
About $82,800 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 Etowah?
For the median home with 20% down at 7.11%, the payment is about $556 a month. Keeping that under 28% of gross income takes about $23,829 a year.
More about Etowah
- Mortgage Refinance in Etowah
- Debt Relief in Etowah
- Home Equity Loans in Etowah
- 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