Population 1,538 · Census ACS 2020–24
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Population and households in ZIP 72320
Household size in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.73 | 2.72 | 2.54 | 2.68 |
| 2010–14 | 2.90 | 2.74 | 2.57 | 2.73 |
| 2015–19 | 3.11 | 2.70 | 2.55 | 2.71 |
| 2020–24 | 2.28 | 2.65 | 2.53 | 2.65 |
| Change | −0.45 | −0.06 | −0.00 | −0.03 |
ZIP 72320 is a place of small households, averaging 2.28 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Household size has dropped from 2.73 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.1 | 35.8 | 37.9 | 37.7 |
| 2010–14 | 41.2 | 36.7 | 38.7 | 38.6 |
| 2015–19 | 38.2 | 37.6 | 39.5 | 39.6 |
| 2020–24 | 40.6 | 37.7 | 39.6 | 40.1 |
| Change | +4.5 | +1.9 | +1.7 | +2.3 |
Half of the people in ZIP 72320 are younger than 40.6 and half are older, close to the national median of 40.1. The population here is older than in the wider Memphis area, where the median age is 37.7.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.6% | 17.3% | 12.5% | 12.3% |
| 2010–14 | 4.3% | 16.4% | 12.5% | 12.3% |
| 2015–19 | 3.4% | 15.6% | 12.3% | 11.6% |
| 2020–24 | 9.0% | 16.3% | 12.3% | 11.6% |
| Change | −3.6 pts | −0.9 pts | −0.2 pts | −0.6 pts |
Single-parent households are less common in ZIP 72320 than nationally: 9.0%, against 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 72320
Renters in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 41.5% | 34.7% | 32.3% | 33.3% |
| 2010–14 | 42.8% | 37.9% | 33.5% | 35.6% |
| 2015–19 | 7.7% | 40.0% | 34.4% | 36.0% |
| 2020–24 | 31.9% | 39.5% | 33.6% | 34.8% |
| Change | −9.5 pts | +4.8 pts | +1.3 pts | +1.5 pts |
Nearly a third of households in ZIP 72320 rent their homes (31.9%), close to the national share of 34.8%. Renters make up a smaller share here than in the Memphis area as a whole (39.5%). Among homeowners, 96.5% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 32.0% | 12.1% | 13.4% | 11.4% |
| 2010–14 | 32.4% | 11.7% | 13.9% | 11.4% |
| 2015–19 | 38.2% | 11.6% | 14.4% | 11.1% |
| 2020–24 | 32.0% | 9.8% | 13.1% | 9.6% |
| Change | −0.1 pts | −2.3 pts | −0.3 pts | −1.8 pts |
Vacancy is high in ZIP 72320: 32.0% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 1969 | 1980 | 1981 | 1974 |
| 2010–14 | 1972 | 1981 | 1983 | 1975 |
| 2015–19 | 1975 | 1981 | 1985 | 1977 |
| 2020–24 | 1983 | 1983 | 1988 | 1980 |
| Change | +14 | +3 | +6 | +6 |
Homes in ZIP 72320 are about the same age as the nation's housing: the median home was built in 1983, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | $729 | $912 | $660 | $965 |
| 2010–14 | $606 | $991 | $718 | $1,040 |
| 2015–19 | $764 | $1,080 | $785 | $1,213 |
| 2020–24 | $667 | $1,428 | $1,007 | $1,571 |
| Change | −$62 | +$516 | +$346 | +$606 |
Rent in ZIP 72320 runs $667 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 39.3% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 72320
Bachelor's degrees in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.5% | 25.5% | 20.6% | 28.4% |
| 2010–14 | 2.6% | 26.6% | 21.8% | 29.6% |
| 2015–19 | 2.5% | 28.0% | 23.8% | 32.1% |
| 2020–24 | 1.6% | 30.5% | 26.2% | 35.6% |
| Change | −3.8 pts | +5.0 pts | +5.6 pts | +7.2 pts |
Fewer adults in ZIP 72320 have a four-year degree than in the country as a whole: 1.6%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 62.7% | 84.8% | 82.6% | 84.9% |
| 2010–14 | 66.2% | 86.4% | 84.6% | 86.1% |
| 2015–19 | 75.4% | 87.8% | 86.6% | 87.7% |
| 2020–24 | 78.1% | 89.2% | 88.7% | 89.3% |
| Change | +15.3 pts | +4.4 pts | +6.1 pts | +4.3 pts |
More than one in five adults in ZIP 72320 never finished high school, well above the national share: only 78.1% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 72320
| Period | ZIP 72320 | Memphis area | Arkansas | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.6% | 10.1% | 7.7% | 8.1% |
| 2010–14 | 14.2% | 11.0% | 8.4% | 9.4% |
| 2015–19 | 7.5% | 7.1% | 5.2% | 5.6% |
| 2020–24 | 16.6% | 6.9% | 5.1% | 5.4% |
| Change | +5.0 pts | −3.2 pts | −2.6 pts | −2.7 pts |
Unemployment in ZIP 72320 runs well above the national rate: 16.6% of the labor force was out of work and looking, against 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 72320 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 72320 | 2.28 | 40.6 | 9.0% | 31.9% | 32.0% | 1983 | $667 | 1.6% | 78.1% | 16.6% |
| ZIP 72341 | 2.28 | 40.6 | 9.0% | 31.9% | 32.0% | 1983 | $667 | 1.6% | 78.1% | 16.6% |
| ZIP 72348 | 2.40 | 52.5 | 12.2% | 23.9% | 19.7% | 1976 | $723 | 16.6% | 88.8% | 7.6% |
| ZIP 72360 | 2.71 | 40.4 | 25.3% | 50.1% | 29.0% | 1971 | $746 | 7.8% | 77.7% | 25.9% |
| ZIP 38664 | 2.61 | 24.6 | 43.3% | 87.6% | 27.8% | 1998 | $1,037 | 8.0% | 76.7% | 12.6% |
| ZIP 72311 | 2.48 | 55.2 | 1.4% | 22.9% | 33.3% | 1970 | $950 | 13.3% | 71.2% | 5.7% |
| ZIP 72372 | 2.60 | 45.3 | 12.4% | 24.7% | 12.8% | 1985 | $803 | 13.4% | 89.9% | 5.9% |
| ZIP 72368 | 2.36 | 49.9 | 6.5% | 17.7% | 19.8% | 1976 | $749 | 14.5% | 84.8% | 6.1% |
| ZIP 72340 | 2.54 | 51.4 | 6.7% | 13.4% | 26.2% | 1975 | $836 | 9.9% | 89.0% | 5.0% |
| ZIP 38641 | 2.64 | 43.3 | 7.8% | 7.8% | 5.7% | 1996 | $1,016 | 19.9% | 87.6% | 1.5% |
| ZIP 38680 | 2.51 | 38.1 | 14.2% | 32.5% | 10.2% | 1998 | $1,517 | 19.6% | 86.4% | 3.8% |
All figures 2020–24.
Zip codes with similar populations: 74450, OK · 23011, VA · 23065, VA · 24079, VA · 65332, MO · 71354, LA · 72063, AR · 72419, AR · 73647, OK · 04441, ME
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 72320. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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