Total monthly cost of ownership
Cost to Own a Home in Diaz, Arkansas
A $85,000 home here costs
$807per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $437. The real number is $370 higher every month — 85% 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.
Diaz against Jackson County and Arkansas
| Measure | Diaz | Jackson County |
|---|---|---|
| Median home value | $85,200 | $87,300 |
| Median property tax | $469 | $492 |
| Effective tax rate | 0.550% | 0.564% |
| Median gross rent | $800 | $662 |
| Population | 1,250 | 16,775 |
The weather behind that power bill
Diaz sits in Jackson County, which averages a high of 89.4°F in its hottest month and a low of 29.6°F in its coldest, with 51.19" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,836 cooling and 3,579 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Jackson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jackson County
Full Jackson County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Diaz?
A $85,000 home in Diaz, Arkansas costs approximately $807 per month with 20% down at 6.66%. That is $437 principal and interest, $39 property tax, $63 homeowners insurance, $197 utilities and $71 set aside for maintenance.
What is the property tax rate in Diaz?
Diaz has an effective property tax rate of 0.550%, based on a median home value of $85,200 and median real estate taxes of $469. That is lower than the Jackson County average of 0.564%.
What is the average home price in Diaz?
The median owner-occupied home value in Diaz, Arkansas is $85,200, against $87,300 across Jackson County.
Is it cheaper to rent or buy in Diaz?
Median gross rent in Diaz is $800 a month, against $807 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 Diaz — 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.