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Affordable
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These days, finding an affordable place to live in the 71962 area can be challenging. Home prices in 71962 are now at a median cost of $130,744, lower than the Arkansas average of $207,061.
The average cost of rent is $1,192/mo in 71962, primarily driven by the current value of real estate in the 71962 area. In 71962, 7.01% of households rent, and 54.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 71962 is $4,433 per month. Households that rent pay about 26.88% of their income on rent here. 71962’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern 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
- 71922, AR: less expensive homes
- 71940, AR: less expensive homes
- 71743, AR: higher priced homes
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- 71847, AR: higher priced homes
- 71958, AR: equally priced homes
- 71763, AR: less expensive homes
- 71852, AR: higher priced homes
- 72084, AR: equally priced homes
- 71833, AR: less expensive homes
Zip Codes with Similar Populations
- 45779, OH: equally priced homes
- 75669, TX: higher priced homes
- 73730, OK: higher priced homes
- 56169, MN: higher priced homes
- 52222, IA: higher priced homes
- 51465, IA: equally priced homes
- 51007, IA: higher priced homes
- 50557, IA: equally priced homes
- 50151, IA: higher priced homes
- 50005, IA: higher priced homes
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