71862, Washington, AR

The 71862 zip code of Washington, AR has a population of around 9,000 people and is located in the northeast corner of the state. The median home value in this zip code is $137,500 which is above the Arkansas median home value of $130,000. The home equity in this zip code is also above the Arkansas median home equity of $119,700.

There are a number of factors that may contribute to the high home values and home equity in this zip code. One reason may be that Washington, AR has a high rate of homeownership which may lead to more affluent residents investing in their homes. Additionally, Washington is a relatively affluent area and its residents may be more likely to have access to credit which can help them purchase a home or increase their home equity. Finally, Washington's economy has been strong over the past few years which may also contribute to high housing prices andhome equity.