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These days, finding an affordable place to live in the 72040 area can be challenging. Home prices in 72040 are now at a median cost of $84,196, lower than the Arkansas average of $207,061.
The average cost of rent is $462/mo in 72040, primarily driven by the current value of real estate in the 72040 area. In 72040, 30.68% of households rent, and 54.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72040 is $3,118 per month. Households that rent pay about 14.83% of their income on rent here. 72040’s most expensive areas are in the western 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
- 72060, AR: less expensive homes
- 72017, AR: higher priced homes
- 72036, AR: less expensive homes
- 72021, AR: higher priced homes
- 72176, AR: higher priced homes
- 72012, AR: higher priced homes
- 72074, AR: less expensive homes
- 72392, AR: higher priced homes
- 72086, AR: higher priced homes
- 72007, AR: higher priced homes
Zip Codes with Similar Populations
- 13654, NY: higher priced homes
- 20623, MD: higher priced homes
- 22027, VA: higher priced homes
- 83101, WY: higher priced homes
- 26142, WV: higher priced homes
- 79252, TX: higher priced homes
- 50423, IA: higher priced homes
- 49232, MI: higher priced homes
- 87311, NM: less expensive homes
- 50170, IA: higher priced homes
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