72416 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Craighead County
Centroid: Latitude 35.903, Longitude -90.786
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 72416 has segments in 2 Counties (Craighead, Greene).

Businesses Addresses: 121
PO Box Addresses: 174
Residential Addresses: 2,398

Multi-Family Addresses: 25
Single Family Addresses: 2,373

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2022, Maps updated: February 4, 2022.

Bono, AR 72416 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	6,457 (100%)
Population in Households	6,421 (99.4%)
Population in Families	5,394 (83.5%)
Population in Group Quarters¹	36 ( 0.6%)
Population Density	66
Diversity Index²	17


INCOME
Median Household Income	$48,517
Average Household Income	$61,916
% of Income for Mortgage⁴	12%
Per Capita Income	$23,874
Wealth Index⁵	52

HOUSING
Total HU (Housing Units)	2,728 (100%)
Owner Occupied HU	1,811 (66.4%)
Renter Occupied HU	678 (24.9%)
Vacant Housing Units	239 ( 8.8%)
Median Home Value	$133,493
Average Home Value	$159,498
Housing Affordability Index³	233

HOUSEHOLDS
Total Households	2,489
Average Household Size	2.58
Family Households	1,795
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.

Bono, AR 72416 - Peer Comparisons by Rank and Percentile

The table below compares 72416 to the other 567 ZIP Codes in Arkansas by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	1.2%	1.09%
Households	1.27%	1.12%
Families	1.06%	0.97%
Median Household Income		2.87%
Per Capita Income		2.66%
Owner Occupied HU		1.75%

Variable Description	Rank	Percentile
Total Population	# 124	78th
Population Density	# 138	76th
Median Household Income	# 175	69th
Housing Affordability Index	# 276	49th
Per Capita Income	# 295	48th
Diversity Index	# 383	32nd

72416 ZIP Code Profile, Map, Data & Demographics

ZIP Code 72416: Basic Data & USPS Preferred City Name

Bono, AR 72416 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bono, AR 72416 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 72416

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