Total monthly cost of ownership
Cost to Own a Home in Clarksville, Arkansas
A $160,000 home here costs
$1,338per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $823. The real number is $516 higher every month — 63% 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.
Clarksville against Johnson County and Arkansas
| Measure | Clarksville | Johnson County |
|---|---|---|
| Median home value | $159,700 | $124,800 |
| Median property tax | $790 | $706 |
| Effective tax rate | 0.495% | 0.566% |
| Median gross rent | $754 | $714 |
| Population | 9,500 | 25,932 |
The weather behind that power bill
Clarksville sits in Johnson County, which averages a high of 89.8°F in its hottest month and a low of 29.0°F in its coldest, with 52.79" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,753 cooling and 3,577 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Johnson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Johnson County
Full Johnson County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Clarksville?
A $160,000 home in Clarksville, Arkansas costs approximately $1,338 per month with 20% down at 6.66%. That is $823 principal and interest, $66 property tax, $119 homeowners insurance, $197 utilities and $133 set aside for maintenance.
What is the property tax rate in Clarksville?
Clarksville has an effective property tax rate of 0.495%, based on a median home value of $159,700 and median real estate taxes of $790. That is lower than the Johnson County average of 0.566%.
What is the average home price in Clarksville?
The median owner-occupied home value in Clarksville, Arkansas is $159,700, against $124,800 across Johnson County.
Is it cheaper to rent or buy in Clarksville?
Median gross rent in Clarksville is $754 a month, against $1,338 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 Clarksville — 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.