Black Springs, Arkansas Mortgage and Housing Information

Population: 114
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Median price asked in year 2000	$32,500

A comparison of the average prices of homes in Black Springs, Arkansas and the U.S.
	U.S.	Arkansas	Black Springs
Median home value in year 2000	$111,800	$67,400	$36,500

Median owner costs for owner-occupied houses and condos in year **2000**
	U.S.	Arkansas	Black Springs
With a mortgage	$1,088	$737	$550
Without a mortgage	$295	$240	$229

Types of mortgages for owner-occupied Single-family Houses in Black Springs (2000)
Mortgage Type	Number of Single-family Houses	Percent of total
Without a mortgage	17	68.0%
First Mortgage Only	8	32.0%
Second Mortgage and/or Home Equity Loan	0	0.0%
Total	25	100%

Median age for males and females (2000).
Males	41
Females	40

Males earn $13,750 (146.7%) more than Females in Black Springs.

Level of higher education for people over 25 years in Black Springs (2000).
Level	Number of Males	Percent of Males	Number of Females	Percent of Females
Some College	7	14.3%	6	12.2%
Associate Degree	0	0.0%	0	0.0%
Bachelor's Degree	2	4.1%	4	8.2%
Master's Degree	3	6.1%	2	4.1%
Professional Degree	0	0.0%	0	0.0%
Doctorate Degree	0	0.0%	0	0.0%
Total (at least some college)	12	24.5%	12	29.3%
Total over 25	49	100%	41	100%

What Will Your Monthly Payment Be?

Purchase Price

Down Payment

Interest Rate

Term of the Loan