72355 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Phillips County
Centroid: Latitude 34.678, Longitude -90.767
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 72355 has segments in 2 Counties (Lee, Phillips).

Businesses Addresses: 47
PO Box Addresses: 144
Residential Addresses: 1,023

Multi-Family Addresses: 0
Single Family Addresses: 1,023

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Lexa, AR 72355 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	3,051 (100%)
Population in Households	3,048 (99.9%)
Population in Families	2,545 (83.4%)
Population in Group Quarters¹	3 ( 0.1%)
Population Density	25
Diversity Index²	54


INCOME
Median Household Income	$38,962
Average Household Income	$53,763
% of Income for Mortgage⁴	8%
Per Capita Income	$21,588
Wealth Index⁵	44

HOUSING
Total HU (Housing Units)	1,421 (100%)
Owner Occupied HU	756 (53.2%)
Renter Occupied HU	469 (33.0%)
Vacant Housing Units	196 (13.8%)
Median Home Value	$72,519
Average Home Value	$100,860
Housing Affordability Index³	349

HOUSEHOLDS
Total Households	1,225
Average Household Size	2.49
Family Households	839
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 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.

Lexa, AR 72355 - Peer Comparisons by Rank and Percentile

The table below compares 72355 to the other 566 ZIP Codes in Arkansas by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	-0.36%	-1.06%
Households	-0.17%	-0.97%
Families	-0.36%	-1.12%
Median Household Income		2.5%
Per Capita Income		2.38%
Owner Occupied HU		-0.75%

Variable Description	Rank	Percentile
Total Population	# 197	65th
Population Density	# 298	48th
Median Household Income	# 352	38th
Housing Affordability Index	# 492	87th
Per Capita Income	# 353	38th
Diversity Index	# 94	84th

Lexa, AR 72355 ZIP Code Profile

ZIP Code 72355: Basic Data & USPS Preferred City Name

Lexa, AR 72355 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lexa, AR 72355 - Peer Comparisons by Rank and Percentile

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