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Affordable
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These days, finding an affordable place to live in the 71602 area can be challenging. Home prices in 71602 are now at a median cost of $166,470, lower than the Arkansas average of $207,061.
The average cost of rent is $982/mo in 71602, primarily driven by the current value of real estate in the 71602 area. In 71602, 40.16% of households rent, and 53.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71602 is $4,836 per month. Households that rent pay about 20.32% of their income on rent here. 71602’s most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 71603, AR: less expensive homes
- 71601, AR: less expensive homes
- 72152, AR: less expensive homes
- 72079, AR: less expensive homes
- 72057, AR: less expensive homes
- 72004, AR: less expensive homes
- 72150, AR: higher priced homes
- 72175, AR: less expensive homes
- 71659, AR: less expensive homes
- 72129, AR: less expensive homes
Zip Codes with Similar Populations
- 03063, NH: higher priced homes
- 08691, NJ: higher priced homes
- 08882, NJ: higher priced homes
- 19126, PA: higher priced homes
- 55374, MN: higher priced homes
- 67214, KS: less expensive homes
- 66067, KS: higher priced homes
- 65473, MO: higher priced homes
- 64110, MO: higher priced homes
- 63126, MO: higher priced homes
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