The typical owner-occupied home in Wickes is worth about $45,000, 76% below the Arkansas median of $188,000 and 86% below the national median of $332,700. Owners pay a median $335 a year in property taxes, about 0.74% of their home's value, higher than the Arkansas rate of 0.55%. The median household earns $27,411 a year, so the median home costs 1.6 times the median income (3.1 times for Arkansas). 67% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Wickes at a glance
| Wickes | Arkansas | U.S. | |
|---|---|---|---|
| Median home value | $45,000 | $188,000 | $332,700 |
| Median property tax paid per year | $335 | $1,040 | $3,119 |
| Property tax as a share of value | 0.74% | 0.55% | 0.94% |
| Median household income | $27,411 | $60,773 | $80,734 |
| Homes lived in by their owners | 67% | 66% | 65% |
| Owner homes with a mortgage | 26% | 53% | 61% |
| Median monthly costs, owners with a mortgage | $813 | $1,345 | $1,963 |
| Those costs as a share of the owners' income | 28.0% | 18.5% | 21.0% |
| Median rent | $625 | $947 | $1,413 |
| Rent as a share of renters' income | 28.0% | 27.6% | 30.6% |
| Median year homes were built | 1977 | 1987 | 1980 |
| Vacant homes | 13.5% | 13.5% | 10.1% |
| Population | 694 | 3,049,391 | 334,922,499 |
What a typical home costs per month in Wickes
At this week's average 30-year rate of 7.11%, buying the median Wickes home of $45,000 with 20% down costs about $289 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $364, 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 $12,372 for the 20%-down payment. That payment is 13% of the median Wickes household income of $27,411; at that income and 20% down, the 28% guideline points to a home of about $100,000.
The median rent here is $625 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $9,000 |
|---|---|
| Loan amount | $36,000 |
| Principal and interest | $242 |
| Property taxes (0.74% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| PMI | $0 |
| Total per month | $289 |
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| Down payment | $1,575 |
|---|---|
| Loan amount | $44,185 |
| Principal and interest | $297 |
| Property taxes (0.74% a year) | $28 |
| Homeowners insurance (our estimate, 0.5% a year) | $19 |
| FHA mortgage insurance | $20 |
| Total per month | $364 |
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Questions about home buying in Wickes
What is the median home value in Wickes?
About $45,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wickes?
Homeowners pay a median $335 a year, which is about 0.74% 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 Wickes?
For the median home with 20% down at 7.11%, the payment is about $289 a month. Keeping that under 28% of gross income takes about $12,372 a year.
More about Wickes
- Mortgage Refinance in Wickes
- Debt Relief in Wickes
- Home Equity Loans in Wickes
- 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