71959 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Pike County
Centroid: Latitude 34.219, Longitude -93.852
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 71959 has segments in 2 Counties (Howard, Pike).

Businesses Addresses: 9
PO Box Addresses: 61
Residential Addresses: 245

Multi-Family Addresses: 0
Single Family Addresses: 245

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Newhope, AR 71959 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	665 (100%)
Population in Households	665 (100.0%)
Population in Families	523 (78.6%)
Population in Group Quarters¹	0
Population Density	11
Diversity Index²	24


INCOME
Median Household Income	$55,764
Average Household Income	$83,803
% of Income for Mortgage⁴	18%
Per Capita Income	$32,135
Wealth Index⁵	89
Socioeconomic Status Index⁶	Moderate (51.4)

HOUSING
Total HU (Housing Units)	350 (100%)
Owner Occupied HU	224 (64.0%)
Renter Occupied HU	31 ( 8.9%)
Vacant Housing Units	95 (27.1%)
Median Home Value	$158,065
Average Home Value	$233,259
Housing Affordability Index³	145

HOUSEHOLDS
Total Households	255
Average Household Size	2.61
Family Households	179
Average Family Size	3.00

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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Newhope, AR 71959 - Peer Comparisons by Rank and Percentile

The table below compares 71959 to the other 584 ZIP Codes in Arkansas by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	-0.93%	-0.61%
Households	-0.46%	-0.32%
Families		-0.11%
Median Household Income		5.98%
Per Capita Income		3.69%
Owner Occupied HU		-0.82%

Variable Description	Rank	Percentile
Total Population	# 393	33rd
Population Density	# 430	27th
Median Household Income	# 186	68th
Housing Affordability Index	# 401	69th
Per Capita Income	# 151	74th
Diversity Index	# 397	32nd

71959 ZIP Code Profile, Map, Data & Demographics

ZIP Code 71959: Basic Data & USPS Preferred City Name

Newhope, AR 71959 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Newhope, AR 71959 - Peer Comparisons by Rank and Percentile

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