Total monthly cost of ownership
Cost to Own a Home in Fordyce, Arkansas
A $93,000 home here costs
$860per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $478. The real number is $382 higher every month — 80% 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.
Fordyce against Dallas County and Arkansas
| Measure | Fordyce | Dallas County |
|---|---|---|
| Median home value | $92,500 | $98,200 |
| Median property tax | $453 | $459 |
| Effective tax rate | 0.490% | 0.467% |
| Median gross rent | $642 | $626 |
| Population | 3,320 | 6,351 |
The weather behind that power bill
Fordyce sits in Dallas County, which averages a high of 91.8°F in its hottest month and a low of 30.6°F in its coldest, with 56.19" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,958 cooling and 3,065 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Dallas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dallas County
No other places of this size are published in Dallas County.
Full Dallas County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in Fordyce?
A $93,000 home in Fordyce, Arkansas costs approximately $860 per month with 20% down at 6.66%. That is $478 principal and interest, $38 property tax, $69 homeowners insurance, $197 utilities and $78 set aside for maintenance.
What is the property tax rate in Fordyce?
Fordyce has an effective property tax rate of 0.490%, based on a median home value of $92,500 and median real estate taxes of $453. That is higher than the Dallas County average of 0.467%.
What is the average home price in Fordyce?
The median owner-occupied home value in Fordyce, Arkansas is $92,500, against $98,200 across Dallas County.
Is it cheaper to rent or buy in Fordyce?
Median gross rent in Fordyce is $642 a month, against $860 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 Fordyce — 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.