Total monthly cost of ownership
Cost to Own a Home in Waldron, Arkansas
A $99,000 home here costs
$905per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $509. The real number is $396 higher every month — 78% 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.
Waldron against Scott County and Arkansas
| Measure | Waldron | Scott County |
|---|---|---|
| Median home value | $99,300 | $110,900 |
| Median property tax | $507 | $456 |
| Effective tax rate | 0.511% | 0.411% |
| Median gross rent | $708 | $736 |
| Population | 3,370 | 9,839 |
The weather behind that power bill
Waldron sits in Scott County, which averages a high of 92.2°F in its hottest month and a low of 27.7°F in its coldest, with 53.22" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,732 cooling and 3,477 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Scott County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Scott County
No other places of this size are published in Scott County.
Common questions
How much does it cost to own a home in Waldron?
A $99,000 home in Waldron, Arkansas costs approximately $905 per month with 20% down at 6.66%. That is $509 principal and interest, $42 property tax, $74 homeowners insurance, $197 utilities and $83 set aside for maintenance.
What is the property tax rate in Waldron?
Waldron has an effective property tax rate of 0.511%, based on a median home value of $99,300 and median real estate taxes of $507. That is higher than the Scott County average of 0.411%.
What is the average home price in Waldron?
The median owner-occupied home value in Waldron, Arkansas is $99,300, against $110,900 across Scott County.
Is it cheaper to rent or buy in Waldron?
Median gross rent in Waldron is $708 a month, against $905 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 Waldron — 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.