Foreclosure Homes in Mountain Home, AR: What You Need to Know
The most common housing type in Mountain Home is single-family detached homes, which account for 65.99% of housing units in the city. Large apartment complexes make up 14.94%, duplexes or other small apartment buildings compose 10.30%, and you will find 5.34% of row houses and other attached homes. The population is about 12,569, and there are an estimated 5,926 total housing units in the city. The median home value is $133,796, having an appreciation rate of 3.96% since the previous year. A one-bedroom apartment costs an average of $495 a month, a two-bedroom apartment rents for $563, and a three-bedroom rents for $640 a month.
The top sectors in Mountain Home are Health Care & Social Assistance, Manufacturing, and Retail Trade. The highest-earning industries are Information ($77,969), Utilities ($44,712), and Transportation & Warehousing ($42,981). Although there are various Fortune 500 companies in Arkansas, there are none with headquarters located in Mountain Home. Some great companies to work for are Baxter (Biotech & Pharmaceuticals), Lowe’s, Baxter Regional Medical Center, and Apple. The average annual salary is $54,000 or $14.48 an hour. The unemployment rate as of April 2020 was 3.9%.
Schools and Higher Education
Mountain Home Public Schools serve residents of Baxter County, AR. The district has nearly 4,000 students and 500 faculty members in seven schools to include a College & Career Academy. The student-to-teacher ratio is 14 to 1. This district spends an average of $9,707 per student.
There are 32 colleges within a 100-mile radius of Mountain Home. Arkansas State University Mountain Home is a local 2-year public institution. The top-rated college in the area is Hendrix College, located in Conway. The largest college is Missouri State University Springfield, with 23,697 enrolled students.
The five largest ethnic groups in Mountain Home are Non-Hispanic White (95.5%), Hispanic White (2.55%), two or more races, Non-Hispanic (1.32%), Other-Hispanic (0.268%), and American Indian & Alaska Native, Non-Hispanic (0.154%). In 2018, the population was 12,300, with a median age of 50.3 years old. The majority of the population is older as this is a retirement community. The median household income is $39,130, a 4.24% increase since last year. The average household size is 2.02, and the average family size is 2.59.