The typical owner-occupied home in Poinsett County is worth about $103,000, 45% below the Arkansas median of $188,000 and 69% below the national median of $332,700. Owners pay a median $543 a year in property taxes, about 0.53% of their home's value, close to the Arkansas rate of 0.55%. The median household earns $46,707 a year, so the median home costs 2.2 times the median income (3.1 times for Arkansas). 64% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Poinsett County at a glance
| Poinsett County | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $103,000 | $188,000 | $332,700 |
| Median property tax paid per year | $543 | $1,040 | $3,119 |
| Property tax as a share of value | 0.53% | 0.55% | 0.94% |
| Median household income | $46,707 | $60,773 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 43% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $1,001 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 15.9% | 18.5% | 21.0% |
| Median rent | $619 | $947 | $1,413 |
| Rent as a share of renters' income | 29.4% | 27.6% | 30.6% |
| Median year homes were built | 1978 | 1987 | 1980 |
| Vacant homes | 15.9% | 13.5% | 10.1% |
| Population | 22,543 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Poinsett County
At this week's average 30-year rate of 7.11%, buying the median Poinsett County home of $103,000 with 20% down costs about $643 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $814, 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 $27,545 for the 20%-down payment. That payment is 17% of the median Poinsett County household income of $46,707; at that income and 20% down, the 28% guideline points to a home of about $175,000.
The median rent here is $619 a month, so owning the median home costs about $24 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $20,600 |
|---|---|
| Loan amount | $82,400 |
| Principal and interest | $554 |
| Property taxes (0.53% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| PMI | $0 |
| Total per month | $643 |
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| Down payment | $3,605 |
|---|---|
| Loan amount | $101,134 |
| Principal and interest | $680 |
| Property taxes (0.53% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $43 |
| FHA mortgage insurance | $46 |
| Total per month | $814 |
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Questions about home buying in Poinsett County
What is the median home value in Poinsett County?
About $103,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Poinsett County?
Homeowners pay a median $543 a year, which is about 0.53% 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 Poinsett County?
For the median home with 20% down at 7.11%, the payment is about $643 a month. Keeping that under 28% of gross income takes about $27,545 a year.
More about Poinsett County
- Mortgage Refinance in Poinsett County
- Debt Relief in Poinsett County
- Home Equity Loans in Poinsett County
- 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