Quick facts: Dover, AR

Quick Facts

92.7
Cost of Living
below US average
1,342
Population
29.06
Crime Rate per 1000
above US average
$30,764
Median Income
below US average
$130,000
Median House Price
above US average
$1375.0
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $30,764.

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Income Needed to Buy

βœ— Stretch
$41k/year
Based on $130,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $41k vs median $30,764
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Income Needed to Rent

⚠ Stretch
$59k/year
Based on $1375.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $59k vs median $30,764
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Dover, AR

Dover, Arkansas, is a charming small town located in Pope County, positioned along the banks of the Arkansas River. With a population of just over 1,500 residents, it offers a close-knit community atmosphere. Founded in the mid-19th century, Dover is steeped in history and features a rich cultural heritage. The town is primarily residential, with various local businesses serving the needs of its residents. Outdoor enthusiasts will appreciate Dover's proximity to recreational areas such as the Ozark National Forest and Lake Dardanelle, providing opportunities for hiking, fishing, and boating. Dover is served by the Dover School District, which provides educational opportunities for the community’s youth. Local events often bring residents together, fostering a strong sense of belonging. Overall, Dover, Arkansas, is a serene and picturesque location that showcases the beauty of rural southern life, making it an ideal spot for those seeking a peaceful lifestyle amid nature.

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