Total monthly cost of ownership
Cost to Own a Home in Gurdon, Arkansas
A $94,000 home here costs
$864per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $483. The real number is $380 higher every month — 79% 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.
Gurdon against Clark County and Arkansas
| Measure | Gurdon | Clark County |
|---|---|---|
| Median home value | $94,300 | $147,100 |
| Median property tax | $419 | $839 |
| Effective tax rate | 0.444% | 0.570% |
| Median gross rent | $652 | $734 |
| Population | 1,777 | 21,378 |
The weather behind that power bill
Gurdon sits in Clark County, which averages a high of 93.3°F in its hottest month and a low of 32.7°F in its coldest, with 52.87" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,207 cooling and 2,858 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Clark County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clark County
Common questions
How much does it cost to own a home in Gurdon?
A $94,000 home in Gurdon, Arkansas costs approximately $864 per month with 20% down at 6.66%. That is $483 principal and interest, $35 property tax, $70 homeowners insurance, $197 utilities and $78 set aside for maintenance.
What is the property tax rate in Gurdon?
Gurdon has an effective property tax rate of 0.444%, based on a median home value of $94,300 and median real estate taxes of $419. That is lower than the Clark County average of 0.570%.
What is the average home price in Gurdon?
The median owner-occupied home value in Gurdon, Arkansas is $94,300, against $147,100 across Clark County.
Is it cheaper to rent or buy in Gurdon?
Median gross rent in Gurdon is $652 a month, against $864 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 Gurdon — 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.