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These days, finding an affordable place to live in the 72416 area can be challenging. Home prices in 72416 are now at a median cost of $163,910, lower than the Arkansas average of $207,061.
The average cost of rent is $883/mo in 72416, primarily driven by the current value of real estate in the 72416 area. In 72416, 24.70% of households rent, and 42.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 72416 is $5,836 per month. Households that rent pay about 15.12% of their income on rent here. 72416’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 72401, AR: higher priced homes
- 72405, AR: higher priced homes
- 72427, AR: less expensive homes
- 72417, AR: higher priced homes
- 72445, AR: less expensive homes
- 72476, AR: less expensive homes
- 72433, AR: less expensive homes
- 72410, AR: less expensive homes
- 72450, AR: equally priced homes
- 72471, AR: less expensive homes
Zip Codes with Similar Populations
- 99506, AK: higher priced homes
- 26181, WV: higher priced homes
- 78013, TX: higher priced homes
- 10577, NY: higher priced homes
- 10282, NY: higher priced homes
- 08551, NJ: higher priced homes
- 08518, NJ: higher priced homes
- 08091, NJ: higher priced homes
- 07757, NJ: higher priced homes
- 07082, NJ: higher priced homes
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