Total monthly cost of ownership
Cost to Own a Home in Carlisle, Arkansas
A $133,000 home here costs
$1,219per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $52,000 a year.
A standard mortgage calculator would have told you $725. The real number is $493 higher every month, 68% more than the payment most buyers budget for.
Compare Lonoke County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Carlisle from a five-year rolling sample, and with about 2,175 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Lonoke County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Carlisle against Lonoke County and Arkansas
| Measure | Carlisle | Lonoke County |
|---|---|---|
| Median home value | $132,600 | $184,100 |
| Median property tax | $775 | $1,178 |
| Effective tax rate | 0.584% | 0.640% |
| Median gross rent | $658 | $961 |
| Population | 2,175 | 74,747 |
The weather behind that power bill
Carlisle sits in Lonoke County, which averages a high of 91.7°F in its hottest month and a low of 30.9°F in its coldest, with 50.42" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,989 cooling and 3,165 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Lonoke County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lonoke County
Full Lonoke County cost breakdown · Every county in Arkansas
Talk to someone who works this market
These are Carlisle averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Carlisle every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Carlisle I already own here and may sell
Common questions
How much does it cost to own a home in Carlisle?
A $133,000 home in Carlisle, Arkansas costs approximately $1,219 per month with 20% down at 7.24%. That is $725 principal and interest, $65 property tax, $99 homeowners insurance, $219 utilities and $111 set aside for maintenance.
What is the property tax rate in Carlisle?
Carlisle has an effective property tax rate of 0.584%, based on a median home value of $132,600 and median real estate taxes of $775. That is lower than the Lonoke County average of 0.640%.
What is the average home price in Carlisle?
The median owner-occupied home value in Carlisle, Arkansas is $132,600, against $184,100 across Lonoke County.
Is it cheaper to rent or buy in Carlisle?
Median gross rent in Carlisle is $658 a month, against $1,219 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Carlisle?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Carlisle, Arkansas at today's rate takes a household income of roughly $52,000 a year. That covers the full $1,219 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Carlisle, 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.