72550 ZIP Code Demographics & Rankings

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: 90
Residential Addresses: 305

Multi-Family Addresses: 0
Single Family Addresses: 305

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

Locust Grove, AR 72550 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,011 (100%)
Population in Households	1,011 (100.0%)
Population in Families	846 (83.7%)
Population in Group Quarters¹	0
Population Density	26
Diversity Index²	10


INCOME
Median Household Income	$44,982
Average Household Income	$52,773
% of Income for Mortgage⁴	10%
Per Capita Income	$20,671
Wealth Index⁵	45

HOUSING
Total HU (Housing Units)	474 (100%)
Owner Occupied HU	316 (66.7%)
Renter Occupied HU	80 (16.9%)
Vacant Housing Units	78 (16.5%)
Median Home Value	$106,557
Average Home Value	$137,816
Housing Affordability Index³	278

HOUSEHOLDS
Total Households	396
Average Household Size	2.55
Family Households	285
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.

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

The table below compares 72550 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	0.16%	-0.08%
Households	0.2%	0.0%
Families	0.03%	-0.14%
Median Household Income		1.06%
Per Capita Income		1.82%
Owner Occupied HU		0.0%

Variable Description	Rank	Percentile
Total Population	# 353	38th
Population Density	# 282	51st
Median Household Income	# 190	67th
Housing Affordability Index	# 362	64th
Per Capita Income	# 404	29th
Diversity Index	# 518	8th

Locust Grove, AR 72550 ZIP Code Profile

ZIP Code 72550: Basic Data & USPS Preferred City Name

Locust Grove, AR 72550 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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