Quick facts: De queen, AR

Quick Facts

92.7
Cost of Living
below US average
6,042
Population
33.93
Crime Rate per 1000
above US average
$55,207
Median Income
below US average
$67,600
Median House Price
above US average
$1228
Average Rent
below US average
24%
Poverty Rate
above US average
4.8%
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 $55,207.

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Income Needed to Buy

βœ“ Affordable
$21k/year
Based on $67,600 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,207) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$53k/year
Based on $1228/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($55,207) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for De queen, AR

De Queen is a charming city located in Sevier County, Arkansas. Nestled at the foothills of the Ouachita Mountains, it serves as a hub for the surrounding rural communities. Known for its rich history, De Queen was established in the late 19th century and has since developed a welcoming small-town atmosphere. The city is renowned for its natural beauty, with nearby attractions like the scenic De Queen Lake, which offers recreational activities such as fishing, boating, and camping. Outdoor enthusiasts can explore the surrounding Ouachita National Forest, perfect for hiking and wildlife observation. De Queen is also home to various events that celebrate local culture, including the annual "De Queen Rodeo" and other community festivals that highlight the area’s agricultural roots. The local economy is primarily driven by agriculture, forestry, and small businesses, contributing to the close-knit community feel. Residents enjoy a slower pace of life but benefit from the conveniences of modern amenities. Overall, De Queen is a perfect blend of natural beauty, community spirit, and Southern charm.

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