The typical owner-occupied home in Arrow Rock is worth about $278,800, 21% above the Missouri median of $230,300 and 16% below the national median of $332,700. Owners pay a median $1,688 a year in property taxes, about 0.61% of their home's value, lower than the Missouri rate of 0.85%. The median household earns $35,469 a year, so the median home costs 7.9 times the median income (3.3 times for Missouri). 100% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Arrow Rock at a glance
| Arrow Rock | Missouri | U.S. | |
|---|---|---|---|
| Median home value | $278,800 | $230,300 | $332,700 |
| Median property tax paid per year | $1,688 | $1,948 | $3,119 |
| Property tax as a share of value | 0.61% | 0.85% | 0.94% |
| Median household income | $35,469 | $70,702 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 40% | 60% | 61% |
| Median monthly costs, owners with a mortgage | $3,563 | $1,524 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 19.0% | 21.0% |
| Median rent | – | $1,033 | $1,413 |
| Median year homes were built | 1938 | 1978 | 1980 |
| Vacant homes | 57.3% | 11.2% | 10.1% |
| Population | 65 | 6,191,814 | 334,922,499 |
What a typical home costs per month in Arrow Rock
At this week's average 30-year rate of 7.11%, buying the median Arrow Rock home of $278,800 with 20% down costs about $1,758 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,223, 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 $75,355 for the 20%-down payment. That payment is 59% of the median Arrow Rock household income of $35,469; at that income and 20% down, the 28% guideline points to a home of about $131,000.
| Down payment | $55,760 |
|---|---|
| Loan amount | $223,040 |
| Principal and interest | $1,500 |
| Property taxes (0.61% a year) | $142 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| PMI | $0 |
| Total per month | $1,758 |
Change the numbers in the calculator
| Down payment | $9,758 |
|---|---|
| Loan amount | $273,750 |
| Principal and interest | $1,842 |
| Property taxes (0.61% a year) | $142 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| FHA mortgage insurance | $123 |
| Total per month | $2,223 |
Change the numbers in the calculator
Questions about home buying in Arrow Rock
What is the median home value in Arrow Rock?
About $278,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Arrow Rock?
Homeowners pay a median $1,688 a year, which is about 0.61% 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 Arrow Rock?
For the median home with 20% down at 7.11%, the payment is about $1,758 a month. Keeping that under 28% of gross income takes about $75,355 a year.
More about Arrow Rock
- Mortgage Refinance in Arrow Rock
- Debt Relief in Arrow Rock
- Home Equity Loans in Arrow Rock
- 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