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Affordable
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These days, finding an affordable place to live in the 71862 area can be challenging. Home prices in 71862 are now at a median cost of $141,641, lower than the Arkansas average of $207,061.
The average cost of rent is $734/mo in 71862, primarily driven by the current value of real estate in the 71862 area. In 71862, 21.67% of households rent, and 74.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71862 is $3,222 per month. Households that rent pay about 22.77% of their income on rent here. 71862’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 71831, AR: less expensive homes
- 71855, AR: less expensive homes
- 71838, AR: equally priced homes
- 71801, AR: less expensive homes
- 71859, AR: less expensive homes
- 71825, AR: equally priced homes
- 71851, AR: less expensive homes
- 71835, AR: less expensive homes
- 71857, AR: less expensive homes
- 71823, AR: higher priced homes
Zip Codes with Similar Populations
- 50143, IA: higher priced homes
- 78419, TX: higher priced homes
- 76875, TX: higher priced homes
- 76377, TX: less expensive homes
- 75977, TX: less expensive homes
- 75784, TX: higher priced homes
- 75550, TX: higher priced homes
- 75492, TX: higher priced homes
- 74565, OK: equally priced homes
- 72683, AR: less expensive homes
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