AR area data
Melbourne, AR
Melbourne, AR.
Population: 3,765 (Census ACS)
Home values & appreciation
- Median home value
- $181,477
- 1-year appreciation
- +5.5%
- 3-year appreciation
- +10.1%
- 5-year appreciation
- +22.9%
- 10-year appreciation
- +74.2%
- All-time peak (2026-04)
- $181,671
- House Price Index
- 371.7 (+4.1% YoY)
Market activity
- New listings (monthly)
- 10
Affordability
- Cost of living index (Low)
- 86.9 (100 = US avg)
- Electricity rate (state-level)
- 12.8¢/kWh
- Natural gas rate (state-level)
- $19.30/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 0
- High schools
- 2
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- iceStorm, strongWind
Climate (30-year normals)
- Annual precipitation
- 57.6 in
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Buffalo National River (56 mi)
- Nearest airport
- Melbourne Municipal John E Miller Field (4 mi)
- Nearest major airport
- Ozark Regional Airport (WMH) (38 mi)
- Hospitals nearby (~15 mi)
- 1,090
- Avg hospital rating
- 3.1 / 5
- Solar radiation rating
- Fair (4.4 kWh/m²/day)
Migration
- Net migration
- +82 tax filers
Housing stock
- Median year housing built
- 1,985
- Median annual property tax
- $800
- Mean commute to work
- 23 min
- Households with broadband internet
- 58.7%
Employment & development
- Total county employment
- 1,975
- Average weekly wage
- $751
- Top industries (by employment)
- Health Care, Accommodation & Food, Real Estate
- Annual residential building permits (county)
- 6
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →