Total monthly cost of ownership
Cost to Own a Home in Brinkley, Arkansas
A $84,000 home here costs
$793per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $432. The real number is $361 higher every month — 84% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Brinkley against Monroe County and Arkansas
| Measure | Brinkley | Monroe County |
|---|---|---|
| Median home value | $84,000 | $82,200 |
| Median property tax | $377 | $405 |
| Effective tax rate | 0.449% | 0.493% |
| Median gross rent | $605 | $603 |
| Population | 2,651 | 6,681 |
The weather behind that power bill
Brinkley sits in Monroe County, which averages a high of 90.0°F in its hottest month and a low of 32.5°F in its coldest, with 55.07" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,993 cooling and 3,230 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Monroe County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Monroe County
Full Monroe County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Brinkley?
A $84,000 home in Brinkley, Arkansas costs approximately $793 per month with 20% down at 6.66%. That is $432 principal and interest, $31 property tax, $63 homeowners insurance, $197 utilities and $70 set aside for maintenance.
What is the property tax rate in Brinkley?
Brinkley has an effective property tax rate of 0.449%, based on a median home value of $84,000 and median real estate taxes of $377. That is lower than the Monroe County average of 0.493%.
What is the average home price in Brinkley?
The median owner-occupied home value in Brinkley, Arkansas is $84,000, against $82,200 across Monroe County.
Is it cheaper to rent or buy in Brinkley?
Median gross rent in Brinkley is $605 a month, against $793 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Brinkley — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arkansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.