Omaha Mortgage Calculator for Bates, Arkansas (72924)

Free omaha mortgage calculator for residents of Bates, Arkansas. Calculate your monthly mortgage payment in Omaha, NE. Includes Nebraska property tax and insurance rates so you know your true housing cost.

MEDIAN HOUSEHOLD INCOME
$48,430
per year in Bates
MEDIAN HOME VALUE
$133,593
in Bates, AR
HOUSING AFFORDABILITY: VERY AFFORDABLE

Home prices are well within reach for median-income households in this area.

Local Context for Bates, Arkansas

In Bates, Arkansas (Scott County, ZIP area), the median household income is $48,430 per year and the median home value is $133,593. Use this free calculator for accurate, instant results tailored to your needs. No sign-up or account required.

About Bates, Arkansas (ZIP 72924)

City Bates, Arkansas
County Scott County
ZIP Code 72924
State Arkansas
Time Zone Chicago
Median Household Income $48,430/year
Median Home Value $133,593

Housing & Cost of Living — Bates, Arkansas

Affordability Tier Affordable
Price-to-Income Ratio 2.8x
Est. Monthly Mortgage (20% down, 6.65%) $686/mo
Mortgage as % of Monthly Income 17.0%
Income vs. National Median 35% below the national median
Income Tier Lower-Middle Income
Home Value vs. National Median 57% below the national median
Housing Market Tier Entry-Level Market
Cost of Living Index 45 (Significantly Below Average)

A price-to-income ratio of 2.8x places this ZIP near the national average, meaning housing costs are broadly in line with local earning power.

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