71753 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Columbia County
Centroid: Latitude 33.264, Longitude -93.234
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 71753 has segments in 2 Counties (Columbia, Union).

Businesses Addresses: 606
PO Box Addresses: 0
Residential Addresses: 6,861

Multi-Family Addresses: 371
Single Family Addresses: 6,490

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Magnolia, AR 71753 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Magnolia, AR 71753 Housing Affordability Index is 210 State of Arkansas Housing Affordability Index is 177
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Magnolia, AR 71753 Wealth Index is 53 State of Arkansas Wealth Index is 67
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	16,318 (100%)
Population in Households	14,560 (89.2%)
Population in Families	11,195 (68.6%)
Population in Group Quarters¹	1,758 (10.8%)
Population Density	53
Diversity Index²	56

INCOME
Median Household Income	$38,192
Average Household Income	$54,202
Per Capita Income	$20,772
Wealth Index⁴	53

HOUSING
Total Housing Units	7,637 (100%)
Owner Occupied HU	3,547 (46.4%)
Renter Occupied HU	2,658 (34.8%)
Vacant Housing Units	1,432 (18.8%)
Median Home Value	$97,148
Housing Affordability Index³	210

HOUSEHOLDS
Total Households	6,205
Average Household Size	2.35
Family Households	3,736
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Magnolia, AR 71753 - Peer Comparisons by Rank and Percentile

The table below compares 71753 to the other 569 ZIP Codes in Arkansas by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	-0.29%	-0.72%
Households	-0.73%	-0.79%
Families	-1.02%	-0.97%
Median Household Income		2.02%
Per Capita Income		2.52%

Variable Description	Rank	Percentile
Total Population	# 58	90th
Population Density	# 161	72nd
Diversity Index	# 68	88th
Median Household Income	# 358	37th
Per Capita Income	# 388	32nd

Magnolia, AR 71753 ZIP Code Profile

ZIP Code 71753: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 71753

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Magnolia, AR 71753 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Magnolia, AR 71753 - Peer Comparisons by Rank and Percentile

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