Total monthly cost of ownership
Cost to Own a Home in McCrory, Arkansas
A $94,000 home here costs
$872per 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 $388 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.
McCrory against Woodruff County and Arkansas
| Measure | McCrory | Woodruff County |
|---|---|---|
| Median home value | $94,100 | $96,800 |
| Median property tax | $514 | $558 |
| Effective tax rate | 0.546% | 0.576% |
| Median gross rent | $521 | $595 |
| Population | 2,062 | 6,157 |
The weather behind that power bill
McCrory sits in Woodruff County, which averages a high of 92.0°F in its hottest month and a low of 32.6°F in its coldest, with 50.04" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 2,232 cooling and 3,037 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Woodruff County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Woodruff County
Full Woodruff County cost breakdown · Every county in Arkansas
Common questions
How much does it cost to own a home in McCrory?
A $94,000 home in McCrory, Arkansas costs approximately $872 per month with 20% down at 6.66%. That is $483 principal and interest, $43 property tax, $70 homeowners insurance, $197 utilities and $78 set aside for maintenance.
What is the property tax rate in McCrory?
McCrory has an effective property tax rate of 0.546%, based on a median home value of $94,100 and median real estate taxes of $514. That is lower than the Woodruff County average of 0.576%.
What is the average home price in McCrory?
The median owner-occupied home value in McCrory, Arkansas is $94,100, against $96,800 across Woodruff County.
Is it cheaper to rent or buy in McCrory?
Median gross rent in McCrory is $521 a month, against $872 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 McCrory — 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.