72347 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Cross County
Centroid: Latitude 35.404, Longitude -90.995
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 72347 has segments in 4 Counties (Cross, Jackson, Poinsett, Woodruff).

Businesses Addresses: 25
PO Box Addresses: 75
Residential Addresses: 250

Multi-Family Addresses: 0
Single Family Addresses: 250

Foreclosures in AR 72347

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Hickory Ridge, AR 72347 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	633 (100%)
Population in Households	633 (100.0%)
Population in Families	512 (80.9%)
Population in Group Quarters¹	0
Population Density	6
Diversity Index²	13


INCOME
Median Household Income	$50,000
Average Household Income	$68,815
% of Income for Mortgage⁴	7%
Per Capita Income	$27,960
Wealth Index⁵	52

HOUSING
Total HU (Housing Units)	330 (100%)
Owner Occupied HU	170 (51.5%)
Renter Occupied HU	87 (26.4%)
Vacant Housing Units	73 (22.1%)
Median Home Value	$64,474
Average Home Value	$86,618
Housing Affordability Index³	350

HOUSEHOLDS
Total Households	257
Average Household Size	2.46
Family Households	173
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.

Hickory Ridge, AR 72347 - Peer Comparisons by Rank and Percentile

The table below compares 72347 to the other 567 ZIP Codes in Arkansas by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	0.50%	-0.41%
Households	-0.68%	-0.39%
Families		-0.35%
Median Household Income		2.80%
Per Capita Income		3.67%
Owner Occupied HU		-0.36%

Variable Description	Rank	Percentile
Total Population	# 387	32nd
Population Density	# 498	13th
Median Household Income	# 235	59th
Housing Affordability Index	# 562	99th
Per Capita Income	# 251	56th
Diversity Index	# 547	4th

72347 ZIP Code Profile, Map, Data & Demographics

ZIP Code 72347: Basic Data & USPS Preferred City Name

Hickory Ridge, AR 72347 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hickory Ridge, AR 72347 - Peer Comparisons by Rank and Percentile

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