Total monthly cost of ownership
Cost to Own a Home in Calico Rock, Arkansas
A $119,000 home here costs
$1,054per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $612. The real number is $442 higher every month — 72% 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.
Calico Rock against Izard County and Arkansas
| Measure | Calico Rock | Izard County |
|---|---|---|
| Median home value | $119,300 | $122,100 |
| Median property tax | $685 | $714 |
| Effective tax rate | 0.574% | 0.585% |
| Median gross rent | $347 | $626 |
| Population | 1,795 | 13,866 |
The weather behind that power bill
Calico Rock sits in Izard County, which averages a high of 90.5°F in its hottest month and a low of 25.6°F in its coldest, with 48.94" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,501 cooling and 3,941 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Izard County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Izard County
Common questions
How much does it cost to own a home in Calico Rock?
A $119,000 home in Calico Rock, Arkansas costs approximately $1,054 per month with 20% down at 6.66%. That is $612 principal and interest, $57 property tax, $89 homeowners insurance, $197 utilities and $99 set aside for maintenance.
What is the property tax rate in Calico Rock?
Calico Rock has an effective property tax rate of 0.574%, based on a median home value of $119,300 and median real estate taxes of $685. That is lower than the Izard County average of 0.585%.
What is the average home price in Calico Rock?
The median owner-occupied home value in Calico Rock, Arkansas is $119,300, against $122,100 across Izard County.
Is it cheaper to rent or buy in Calico Rock?
Median gross rent in Calico Rock is $347 a month, against $1,054 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 Calico Rock — 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.