Total monthly cost of ownership
Cost to Own a Home in Newport, Arkansas
A $132,000 home here costs
$1,140per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $679. The real number is $462 higher every month — 68% 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.
Newport against Jackson County and Arkansas
| Measure | Newport | Jackson County |
|---|---|---|
| Median home value | $132,200 | $87,300 |
| Median property tax | $673 | $492 |
| Effective tax rate | 0.509% | 0.564% |
| Median gross rent | $605 | $662 |
| Population | 8,019 | 16,775 |
The weather behind that power bill
Newport 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 Newport?
A $132,000 home in Newport, Arkansas costs approximately $1,140 per month with 20% down at 6.66%. That is $679 principal and interest, $56 property tax, $99 homeowners insurance, $197 utilities and $110 set aside for maintenance.
What is the property tax rate in Newport?
Newport has an effective property tax rate of 0.509%, based on a median home value of $132,200 and median real estate taxes of $673. That is lower than the Jackson County average of 0.564%.
What is the average home price in Newport?
The median owner-occupied home value in Newport, Arkansas is $132,200, against $87,300 across Jackson County.
Is it cheaper to rent or buy in Newport?
Median gross rent in Newport is $605 a month, against $1,140 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 Newport — 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.