Total monthly cost of ownership
Cost to Own a Home in Sulphur Springs, Arkansas
A $115,000 home here costs
$1,084per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $46,500 a year.
A standard mortgage calculator would have told you $627. The real number is $458 higher every month, 73% more than the payment most buyers budget for.
Compare Jefferson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Sulphur Springs from a five-year rolling sample, and with about 1,035 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Jefferson County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sulphur Springs against Jefferson County and Arkansas
| Measure | Sulphur Springs | Jefferson County |
|---|---|---|
| Median home value | $114,900 | $106,000 |
| Median property tax | $686 | $667 |
| Effective tax rate | 0.597% | 0.629% |
| Median gross rent | — | $849 |
| Population | 1,035 | 65,780 |
The weather behind that power bill
Sulphur Springs sits in Jefferson County, which averages a high of 91.7°F in its hottest month and a low of 33.8°F in its coldest, with 50.81" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,150 cooling and 2,833 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Jefferson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Arkansas
Talk to someone who works this market
These are Sulphur Springs averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Sulphur Springs every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sulphur Springs I already own here and may sell
Common questions
How much does it cost to own a home in Sulphur Springs?
A $115,000 home in Sulphur Springs, Arkansas costs approximately $1,084 per month with 20% down at 7.24%. That is $627 principal and interest, $57 property tax, $86 homeowners insurance, $219 utilities and $96 set aside for maintenance.
What is the property tax rate in Sulphur Springs?
Sulphur Springs has an effective property tax rate of 0.597%, based on a median home value of $114,900 and median real estate taxes of $686. That is lower than the Jefferson County average of 0.629%.
What is the average home price in Sulphur Springs?
The median owner-occupied home value in Sulphur Springs, Arkansas is $114,900, against $106,000 across Jefferson County.
Is it cheaper to rent or buy in Sulphur Springs?
Rent data is not published for Sulphur Springs at this level of detail.
What salary do you need to buy a home in Sulphur Springs?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sulphur Springs, Arkansas at today's rate takes a household income of roughly $46,500 a year. That covers the full $1,084 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sulphur Springs, 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.