Miller County Area Home Supply Charts

This page looks at a variety of Miller County Arkansas housing market data taken from the most recent 2021 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Miller County depicts it has a Housing Units of 19,576 which is the second most of all the counties in the surrounding region.

Figure 2 illustrates the housing density in the Miller County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Miller County shows it has a Housing Density of 31.3 which is the second most housing densities of all the counties in the greater Miller County region. The county with the highest housing density in the area is Bowie County which depicts a density of 45.2 (44.5% larger). Comparing housing density to the United States average of 39.2, Miller County is approximately three-fourths the size. Also, in comparison with the state of Arkansas, housing density of 26.5, Miller County is 18.2% larger.

In Figure 4, Miller County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Miller County shows it has a Housing Unit Change of 1.5% which is the third most of all other counties in the metropolitan area. The county with the highest change in the housing units in the area is Bowie County which depicts a housing units of 3.9% (approximately 2.6 times bigger). Comparing change in the housing units to the United States average of 6.5%, Miller County is approximately a quarter the size. Also, versus the state of Arkansas, change in the housing units of 4.8%, Miller County is approximately a third the size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Miller County shows it has a Renter Percent of 34.2% which is the second most renter percent of all the counties in the greater Miller County region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 65.8% which is the second smallest when ranked by owner percent of all the other counties in the greater region.

Miller County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Miller County home price is illustrated for this community and a useful analysis of affordable housing. Miller County depicts it has a Median Home Value of $113,400 which is the second most median home prices of all the counties in the greater Miller County region. The county with the highest median home price in the area is Bowie County which depicts a home price of $123,200 (8.6% larger). Figure 8 provides aggregate comparative data for the Miller County Arkansas metro area in terms of the median housing rental rate, apartment rent, etc. Miller County depicts it has a Median Gross Rent of $742 which is the second most rental rates of all the counties in the greater Miller County region. The county with the highest rental rates in the area is Bowie County which depicts a rental rates of $776 (only about 4.6% larger). Comparing rental rates to the United States average of $1,096, Miller County is approximately three-fourths the size. Also, in comparison with the state of Arkansas, rental rates of $760, Miller County is only about 2.4% smaller.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Miller County has the percentage of home price worth less than $50,000 less than most other counties in the local area at 27% of the total. Second, it has the largest proportion of home price worth between $50,000 to $100,000 at 36% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Miller County depicts it has a Median Owner Cost of $565 which is the second most median ownership cost of all the counties in the greater Miller County region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Miller County metro area. it has a Owner Cost as % of HH Income of 14% which is the third most cost as a percent of household income of all other counties in the greater Miller County region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Miller County shows it has a Median Home Value as Percent of Median Earnings of 280% which is the second most median home value as a percent of median worker earnings of all the counties in the greater Miller County region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Miller County shows it has a Median Owner Costs-With Mortgage of $1,116 which is the third most median housing cost of all other counties in the greater Miller County region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $332 which is in the intermediate range of other counties in the metropolitan area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Miller County has the percentage of owner cost less than $300 the second smallest when sorted by owner cost less than $300 of all the other counties in the metro area at 24% of the total. Second, it has the largest proportion of owner cost between $700 and $1,000 at 19% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Miller County shows it has a % of Income Owner Costs-With Mortgage of 19% which is in the middle range of other counties in the greater region. The county with the highest cost as a percent of household income in the area is Lafayette County which depicts a cost as a percent of household income of 20% (8.0% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Miller County depicts it has a % of Income Owner Costs-No Mortgage of 9% which is in the middle range of other counties in the local area. The county with the highest cost as a percent of household income in the area is Bowie County which depicts a cost as a percent of household income of 12% (30.0% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Miller County has the largest proportion of rent as a percent of income is between 40pct to 50pct at 21% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Miller County has the largest proportion of housing cost between $500 and $700 at 25% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $812 which is the third most of all other counties in the local area. The county with the highest median real estate taxes paid in the area is Bowie County which depicts a taxes paid of $1,875 (approximately 2.3 times bigger). Comparing median real estate taxes paid to the United States average of $2,551, Miller County is approximately a third the size. Also, in comparison with the state of Arkansas, median real estate taxes paid of $828, Miller County is about the same size.

Figure 23 shows the rental rate distribution for this area. Miller County Arkansas has the largest proportion of rent between 500 and 750 dollars at 36% of the total and is ranked #1.

Miller County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Miller County has the largest proportion of No 2nd Mortgage or HELOC at 2% of the total and is ranked #1. Second, it has less than most other counties in the metropolitan area in terms of With HELOC no Primary Mortgage at 54% of the total.

Miller County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 3.3 which is in the center range of other counties in the greater region. The county with the highest family members per housing unit in the area is Bowie County which shows a family members per housing unit of 3.3 ( about the same size). Comparing family members per housing unit to the United States average of 3.3, Miller County is about the same size. Also, measured against the state of Arkansas, family members per housing unit of 3.2, Miller County is only about 3.5% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.4 which is less than most other counties in the local area. The county with the highest average number of rooms in a house in the area is Columbia County which depicts an average number of rooms in a house of 5.9 (9.3% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1982 which is more than all other counties in the greater Miller County region.

Figure 31 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 2010 to 2013 at 15% of the total and is ranked #1.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. it has one of the largest proportions of owner housing units at 5,561 of the total and is ranked #2. The only larger county being Bowie County with 12,354.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit attached at 4% of the total and is ranked #1. Second, it has the largest proportion of 3 or 4 units at 6% of the total and is ranked #1. Third, it has the largest proportion of 5 to 9 units at 4% of the total and is ranked #1. Also, it has the largest proportion of 10 to 19 units at 2% of the total and is ranked #1. In addition, it has the smallest proportion of 50 or more units at 12% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has one of the largest proportions of value of homes built 2014 or later at $206,000 of the total and is ranked #2. The only larger county being Columbia County with $308,500. Second, it has the largest proportion of value of homes built 2010 to 2013 at $203,200 of the total and is ranked #1. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $141,800 of the total and is ranked #3. Only #2 Bowie County ($150,400), and #1 Columbia County ($169,700) are larger. Also, it has one of the largest proportions of value of homes built 1990 to 1999 at $109,100 of the total and is ranked #2. The only larger county being Bowie County with $145,600. In addition, it has one of the largest proportions of value of homes built 1980 to 1989 at $104,600 of the total and is ranked #3. Only #2 Bowie County ($121,800), and #1 Columbia County ($125,300) are larger. Furthermore, it has one of the largest proportions of value of homes built 1970 to 1979 at $85,600 of the total and is ranked #3. Only #2 Cass County ($100,400), and #1 Bowie County ($110,200) are larger. Next it has less than most other counties in the local area as measured by value of homes built 1960 to 1969 at $66,400 of the total. Additionally, it has less than most other counties in the metropolitan area in terms of value of homes built 1950 to 1959 at $53,300 of the total. And then, it has in the mid range of other counties in the surrounding region when ranked by value of homes built 1940 to 1949 at $67,700 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Miller County residents. it has a Owner-Household Size of 2.7 which is at the top of all other counties in the greater region.

Figure 37 shows the household size for renters. Miller County depicts it has a Renter-Household Size of 2.4 which is in the mid range of other counties in the metro area. The county with the highest renter household size in the area is Hempstead County which depicts a renter household sizes of 2.7 (10.7% larger). Figure 39 shows the year that people who rent moved into the area. Miller County has one of the largest proportions of renters moved in 2019 or later at 55% of the total and is ranked #3. Only #2 Bowie County (58%), and #1 Hempstead County (65%) are larger.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2004 which is the second most median year that a home owner moved in of all the counties in the greater Miller County region. Figure 41 compares the median year that renters moved into their home. Miller County depicts it has a Renter Median Year Moved In of 2016 which is the highest of all counties in the greater Miller County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using coal or coke the second smallest in terms of homes using natural gas of all the other counties in the greater region at 1% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Miller County housing department, Arkansas department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Miller County depicts it has a Total In Group Quarters of 1,390 which is the third most of all other counties in the metro area.