72450 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Greene County
Centroid: Latitude 36.057, Longitude -90.502
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 72450 has segments in 3 Counties (Clay, Craighead, Greene).

Businesses Addresses: 1,103
PO Box Addresses: 0
Residential Addresses: 16,087

Multi-Family Addresses: 642
Single Family Addresses: 15,445

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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Paragould, AR 72450 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Paragould, AR 72450 Housing Affordability Index is 197 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
Paragould, AR 72450 Wealth Index is 59 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	38,838 (100%)
Population in Households	38,243 (98.5%)
Population in Families	31,385 (80.8%)
Population in Group Quarters¹	595 ( 1.5%)
Population Density	138
Diversity Index²	15

INCOME
Median Household Income	$47,237
Average Household Income	$60,340
Per Capita Income	$23,425
Wealth Index⁴	59

HOUSING
Total Housing Units	16,446 (100%)
Owner Occupied HU	10,440 (63.5%)
Renter Occupied HU	4,625 (28.1%)
Vacant Housing Units	1,381 ( 8.4%)
Median Home Value	$124,311
Housing Affordability Index³	197

HOUSEHOLDS
Total Households	15,065
Average Household Size	2.54
Family Households	10,392
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.

Paragould, AR 72450 - Peer Comparisons by Rank and Percentile

The table below compares 72450 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	0.85%	0.85%
Households	0.78%	0.81%
Families	0.55%	0.66%
Median Household Income		1.55%
Per Capita Income		2.11%

Variable Description	Rank	Percentile
Total Population	# 10	98th
Population Density	# 93	84th
Diversity Index	# 400	30th
Median Household Income	# 154	73rd
Per Capita Income	# 254	56th

Paragould, AR 72450 ZIP Code Profile

ZIP Code 72450: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 72450

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Paragould, AR 72450 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Paragould, AR 72450 - Peer Comparisons by Rank and Percentile

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