Quick facts: Clarksville, AR

Quick Facts

92.7
Cost of Living
below US average
9,555
Population
28.15
Crime Rate per 1000
above US average
$35,911
Median Income
below US average
$219,000
Median House Price
above US average
$1025.0
Average Rent
below US average
18%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $35,911.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $219,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $35,911
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Income Needed to Rent

⚠ Stretch
$44k/year
Based on $1025.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $44k vs median $35,911
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Clarksville, AR

Clarksville, located in Johnson County, Arkansas, is a charming city with a rich history and a vibrant community. Nestled along the banks of the Arkansas River, the city is surrounded by beautiful natural landscapes, including the Ozark Mountains, making it an ideal spot for outdoor enthusiasts. The local population of approximately 9,000 people enjoys a mix of small-town friendliness with the cultural influences of larger cities. Clarksville is known for its historical significance, with several buildings and sites that date back to the 1800s. The city hosts numerous festivals and events throughout the year, including the annual Clarkeville Rodeo and the Johnson County Peach Festival, celebrating local culture and agriculture. In terms of education, the city is served by the Clarksville School District, which has earned recognition for its commitment to quality education. Additionally, the nearby Arkansas Tech University offers higher education opportunities. With its attractive parks, recreational facilities, and a close-knit community, Clarksville provides a welcoming atmosphere for residents and visitors alike. Its location along the scenic Arkansas River also offers opportunities for fishing, boating, and hiking.

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