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Buying a home in Clinton, Arkansas

The typical owner-occupied home in Clinton is worth about $126,800, 33% below the Arkansas median of $188,000 and 62% below the national median of $332,700. Owners pay a median $487 a year in property taxes, about 0.38% of their home's value, lower than the Arkansas rate of 0.55%. The median household earns $42,946 a year, so the median home costs 3.0 times the median income (3.1 times for Arkansas). 61% of occupied homes here are lived in by their owners, and 55% of those owners still have a mortgage.

Clinton at a glance

Clinton Arkansas U.S.
Median home value $126,800 $188,000 $332,700
Median property tax paid per year $487 $1,040 $3,119
Property tax as a share of value 0.38% 0.55% 0.94%
Median household income $42,946 $60,773 $80,734
Homes lived in by their owners 61% 66% 65%
Owner homes with a mortgage 55% 53% 61%
Median monthly costs, owners with a mortgage $1,190 $1,345 $1,963
Those costs as a share of the owners' income 18.7% 18.5% 21.0%
Median rent $712 $947 $1,413
Rent as a share of renters' income 31.5% 27.6% 30.6%
Median year homes were built 1979 1987 1980
Vacant homes 18.4% 13.5% 10.1%
Population 2,509 3,049,391 334,922,499

What a typical home costs per month in Clinton

At this week's average 30-year rate of 7.11%, buying the median Clinton home of $126,800 with 20% down costs about $775 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $987, 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 $33,231 for the 20%-down payment. That payment is 22% of the median Clinton household income of $42,946; at that income and 20% down, the 28% guideline points to a home of about $164,000.

The median rent here is $712 a month, so owning the median home costs about $63 a month more than renting, before you count the equity you build and any tax benefits.

20% down, 30-year conventional loan
Down payment$25,360
Loan amount$101,440
Principal and interest$682
Property taxes (0.38% a year)$40
Homeowners insurance (our estimate, 0.5% a year)$53
PMI$0
Total per month$775

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3.5% down, 30-year FHA loan
Down payment$4,438
Loan amount$124,503
Principal and interest$838
Property taxes (0.38% a year)$40
Homeowners insurance (our estimate, 0.5% a year)$53
FHA mortgage insurance$56
Total per month$987

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Questions about home buying in Clinton

What is the median home value in Clinton?

About $126,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Clinton?

Homeowners pay a median $487 a year, which is about 0.38% 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 Clinton?

For the median home with 20% down at 7.11%, the payment is about $775 a month. Keeping that under 28% of gross income takes about $33,231 a year.

More about Clinton

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