72550 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Independence County
Centroid: Latitude 35.723, Longitude -91.763
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 72550 has segments in 3 Counties (Cleburne, Independence, Stone).

Businesses Addresses: 9
PO Box Addresses: 89
Residential Addresses: 304

Multi-Family Addresses: 0
Single Family Addresses: 304

Foreclosures in AR 72550

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

Locust Grove, AR 72550 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	751 (100%)
Population in Households	751 (100.0%)
Population in Families	625 (83.2%)
Population in Group Quarters¹	0
Population Density	22
Diversity Index²	21


INCOME
Median Household Income	$44,892
Average Household Income	$57,708
% of Income for Mortgage⁴	12%
Per Capita Income	$22,497
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	368 (100%)
Owner Occupied HU	244 (66.3%)
Renter Occupied HU	47 (12.8%)
Vacant Housing Units	77 (20.9%)
Median Home Value	$99,038
Average Home Value	$130,000
Housing Affordability Index³	237

HOUSEHOLDS
Total Households	291
Average Household Size	2.58
Family Households	209
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.

Locust Grove, AR 72550 - Peer Comparisons by Rank and Percentile

The table below compares 72550 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	-0.70%	-0.43%
Households	-0.75%	-0.42%
Families		-0.48%
Median Household Income		3.35%
Per Capita Income		3.25%
Owner Occupied HU		-0.33%

Variable Description	Rank	Percentile
Total Population	# 370	35th
Population Density	# 298	48th
Median Household Income	# 323	43rd
Housing Affordability Index	# 402	71st
Per Capita Income	# 476	16th
Diversity Index	# 429	25th

72550 ZIP Code Profile, Map, Data & Demographics

ZIP Code 72550: Basic Data & USPS Preferred City Name

Locust Grove, AR 72550 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Locust Grove, AR 72550 - Peer Comparisons by Rank and Percentile

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