How much do homeowners pay a month in Norfork, AR?
Homeowners with a mortgage in Norfork, AR pay a median of $1,063 (±$132) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $514 (±$165).
38.5% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $1,063 (±$132)
- Without a mortgage
- $514 (±$165)
- Owned with a mortgage
- 38.5%
Monthly owner costs in Norfork
| Norfork | Baxter County | Arkansas | United States | |
|---|---|---|---|---|
| With a mortgage | $1,063 (±$132) | $1,157 (±$58) | $1,345 (±$9) | $1,963 |
| Without a mortgage | $514 (±$165) | $422 (±$20) | $437 (±$3) | $638 |
| Owned homes with a mortgage | 38.5% (±17.4 points) | 47.9% (±3.1 points) | 52.8% (±0.4 points) | 60.6% |
| Median real estate taxes (a year) | $986 (±$597) | $799 (±$46) | $1,040 (±$13) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Norfork, the median cost with a mortgage is not measurably different from Baxter County ($1,157).
It is also lower than in Arkansas ($1,345).
It is lower than the national figure ($1,963).
In Baxter County, Norfork ranks 5 of 8 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 229 of 446.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Norfork have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $1,010 (±$373) | $986 (±$597) | −2.4% | No measurable change after inflation |
| Median home value | $143,300 (±$70,054) | $182,000 (±$79,618) | +27.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Norfork
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Norfork | — | $1,063 (±$132) | — |
| Salesville | 2.0 mi | $870 (±$232) | Not measurably different |
| Briarcliff | 4.3 mi | $1,239 (±$326) | Not measurably different |
| Pineville | 10 mi | $1,396 (±$790) | Not measurably different |
| Calico Rock | 10 mi | $1,077 (±$49) | Not measurably different |
| Mountain Home | 11 mi | $1,146 (±$100) | Not measurably different |
| Gassville | 13 mi | $934 (±$109) | Not measurably different |
| Cotter | 14 mi | $1,403 (±$203) | Higher |
| Midway (community) | 17 mi | $894 (±$428) | Not measurably different |
Nearby places with a measurably higher figure: Cotter, AR ($1,403).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Baxter County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Lakeview | $1,417 (±$462) |
| 2 | Cotter | $1,403 (±$203) |
| 3 | Briarcliff | $1,239 (±$326) |
| 4 | Mountain Home | $1,146 (±$100) |
| 5 | Norfork | $1,063 (±$132) |
| 6 | Gassville | $934 (±$109) |
| 7 | Midway (community) | $894 (±$428) |
| 8 | Salesville | $870 (±$232) |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Norfork
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Norfork beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Norfork, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Norfork, and send estimates and invoices from your phone.
Questions about Norfork
What is the average mortgage payment in Norfork?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Norfork, AR is $1,063 (±$132) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Norfork?
Owners without a mortgage in Norfork pay a median of $514 (±$165) a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Norfork city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Norfork city, Arkansas
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Norfork city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Norfork city, Arkansas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Norfork city, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Norfork city, Arkansas (place:50000, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Norfork at a glance
- Median rent in Norfork
- Rent burden in Norfork
- Renters and owners in Norfork
- Income and affordability in Norfork
- Home values in Norfork
- Types of homes in Norfork
- Bedrooms in Norfork
- Age of homes in Norfork
- Heating fuel in Norfork
- Commute and cars in Norfork
- How long people stay in Norfork
- Arkansas landlord and tenant rules
- Housing across Baxter County
- Housing data for every place in Arkansas