1st Advantage MortgageAbout 69% of Chicot County homes are owner-occupied, and the median household income is $39,045. Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- A quick profile of Chicot County
- Rent, home values and ownership in Chicot County
- What Chicot County households earn
- Jobs and commutes in Chicot County
- Counties near Chicot County
- Places inside Chicot County
- What a median Chicot County budget can carry
- Before borrowing in Chicot County
- Chicot County households compared
- Four steps for Chicot County borrowers
- Licensing and complaints for Chicot County
- Nearby and statewide guides
- Frequently asked questions
A quick profile of Chicot County
The latest five-year Census estimate puts Chicot County's population at 9,765; only 62 of Arkansas's 75 county-level areas are larger. It covers 637 square miles of land, or about 15 people per square mile. No metropolitan area includes Chicot County in the 2023 federal delineation, so its numbers stand on their own rather than as part of a metro. Dermott is the biggest of its 3 Census places, at roughly 2,330 people (24% of the county total). Small populations mean wide margins of error, so read every Chicot County figure on this page as a rough guide.
Rent, home values and ownership in Chicot County
A typical Chicot County rental runs $574 a month including utilities, which is 39% below Arkansas. By the Census definition, 42% of Chicot County renters are cost-burdened. Home values center on $89,100, or 2.3 years of median income. Owners occupy 69% of homes. The median home was built in 1979, so roofs, wiring and heating systems are a common source of repair bills.
| Home costs | Chicot County | Arkansas | U.S. middle county |
|---|---|---|---|
| Median gross rent | $574/mo | $947/mo | $877/mo |
| Median home value | $89,100 | $188,000 | $185,300 |
| Owners | 69% | 66% | 75% |
| Rent-burdened renters | 42% | 45% | 45% |
| Burdened owners | 34% | 22% | n/a |
| Mobile homes | 17.9% | 11.0% | n/a |
What Chicot County households earn
At $39,045, the typical Chicot County household income is 41% below the median U.S. county ($65,681).
| Income band | Share in Chicot County | Difference from Arkansas |
|---|---|---|
| Under $35,000 | 44.3% | +15.3 pts |
| $35,000 to $99,999 | 43.5% | +0.4 pts |
| $100,000 to $199,999 | 8.4% | -12.8 pts |
| $200,000 or more | 3.8% | -2.9 pts |
About 44% of households earn under $35,000, while 12% clear $100,000. Census counts 22.6% of Chicot County residents in poverty, against 16.0% across Arkansas. A household earning below the $39,045 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Jobs and commutes in Chicot County
The biggest employer of Chicot County residents, by industry, is education and health care at 22% of workers, followed by manufacturing (13%). The sharpest difference from the state is in agriculture, forestry and mining, at 10% locally and 2% for Arkansas. The survey's unemployment rate for Chicot County averages 9.1% over 2020 to 2024 (state: 4.9%). 11% of commuters travel 45 minutes or more each way, and 4% work from home.
| Industry | Share of Chicot County workers | vs Arkansas |
|---|---|---|
| Education and health care | 21.9% | -2.0 pts |
| Manufacturing | 13.4% | +0.7 pts |
| Retail trade | 10.4% | -2.8 pts |
| Agriculture, forestry and mining | 10.3% | +8.0 pts |
| Public administration | 9.2% | +4.7 pts |
| Transportation, warehousing and utilities | 7.2% | +1.0 pts |
If your hours swing with the season or with overtime, size a loan payment against your base pay, not your best month.
Counties near Chicot County
Washington County is closest, 20 miles from center to center; the sixth, Sharkey County, is 38 miles off. West Carroll Parish leads the group on income ($49,134), East Carroll Parish trails ($33,341), and Chicot County out-earns 1 of the six. The list crosses into Louisiana, Mississippi, where different lending rules and regulators apply.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Chicot County | - | $39,045 | $574/mo | 69% |
| Washington County, MS | 20 mi | $42,165 | $833/mo | 60% |
| Ashley County, AR | 28 mi | $44,266 | $703/mo | 71% |
| Drew County, AR | 33 mi | $42,824 | $725/mo | 64% |
| West Carroll Parish, LA | 34 mi | $49,134 | $740/mo | 76% |
| East Carroll Parish, LA | 37 mi | $33,341 | $652/mo | 58% |
| Sharkey County, MS | 38 mi | $40,000 | $623/mo | 67% |
Places inside Chicot County
Here are the 3 most populous of the county's 3 Census places, with income and rent from the same 2020 to 2024 survey. About 65% of Chicot County residents live in one of the 3. Incomes vary by place: $41,434 at the median in Lake Village, $27,212 in Dermott. Median rent ranges from $495 in Eudora to $855 in Lake Village. None of the 3 has its own city guide, so this page covers all of them.
| Place | Type | Population | Median income | Median rent | From county center |
|---|---|---|---|---|---|
| Dermott | city | 2,330 | $27,212 | $527 | 20 mi |
| Lake Village | city | 2,144 | $41,434 | $855 | 4 mi |
| Eudora | city | 1,868 | $28,563 | $495 | 10 mi |
What a median Chicot County budget can carry
Here is the Chicot County median household run through a simple DTI check. Your numbers will differ.
- Median income divided by twelve: $3,254 before taxes
- Less median rent of $574, which is 18% of it
- $597: what a 36% ratio leaves once rent is paid
- With a 43% ceiling, about $825 remains for car, card, student and any new loan payments
Two-income households and single earners in Chicot County land in very different places on this math, so run it for your own budget.
Before borrowing in Chicot County
A few patterns in the Chicot County data, and the practical point behind each:
- Health costs. With 11% of the county uninsured, an interest-free hospital payment plan usually beats a loan (medical bills).
- Mobile home upkeep. 18% of units fall in this category; roof, skirting and HVAC jobs are common reasons to borrow.
- Free help first. 23% of residents live below the poverty line; utility, rent and food programs cost nothing to repay (free options).
Chicot County households compared
18% of Chicot County adults 25 and older hold a bachelor's degree or more. About 11% go without health insurance.
| Measure | Chicot County | Arkansas statewide | Typical U.S. county |
|---|---|---|---|
| Median age | 43.2 | 38.5 | 41.5 |
| Bachelor's or higher | 18.0% | 25.7% | 22.2% |
| No high school diploma | 16.8% | 11.3% | n/a |
| No health insurance | 10.9% | 9.0% | 7.8% |
| No vehicle | 10.1% | 5.9% | 5.4% |
| Work from home | 3.8% | 8.8% | 8.7% |
| Poverty rate | 22.6% | 16.0% | 13.2% |
| Unemployment (ACS) | 9.1% | 4.9% | 4.4% |
| One-way commute | Share of Chicot County workers |
|---|---|
| Under 15 min | 46.3% |
| 15 to 29 min | 30.7% |
| 30 to 44 min | 11.6% |
| 45 to 59 min | 7.7% |
| 60+ min | 3.7% |
Four steps for Chicot County borrowers
A short checklist for Chicot County borrowers:
- Borrow the amount the job needs; extra cash adds interest.
- Compare the total repaid on every offer, not just the payment.
- Only work with lenders licensed for Arkansas borrowers.
- Confirm the first due date before setting up autopay.
Licensing and complaints for Chicot County
Before sharing details with a lender, a Chicot County resident can confirm its license with the Arkansas State Bank Department. A CFPB complaint gets forwarded to the company for a response. See the Arkansas state guide for the statewide picture.
Nearby and statewide guides
The Arkansas guide covers the whole state.
Frequently asked questions
What does a typical Chicot County household make?
About $39,045 a year at the median (ACS 2020-24), 36% below the Arkansas median.
What do renters pay in Chicot County?
$574 a month at the median, about 18% of median household income.
I live in a small Chicot County town. Is this my guide?
Yes. If your town has no city guide, this county page is the local one; it covers Dermott, Lake Village, Eudora.
Is the fit check different in Chicot County?
No. It is identical everywhere, and it never looks at your neighborhood.
Is there a Chicot County office that licenses lenders?
No, licensing is statewide. In Arkansas it is the Arkansas State Bank Department.