71956, Mountain Pine, AR

Mountain Pine is located in the 71956 zip code in Pulaski County, Arkansas. According to the 2010 census, the population of Mountain Pine was 1,827. The median household income was $41,875, and the median family income was $50,000. The percentage of families living below the poverty line was 2.7%.

The home equity and home prices in Mountain Pine are very high compared to other areas of Arkansas. The average home value in Mountain Pine is $227,000, which is more than double the statewide average of $106,500. Additionally, the home equity in Mountain Pine is also very high at an average of $101,000. This means that most homeowners in Mountain Pine have a significant amount of equity in their homes relative to other Arkansans.

One reason for this high level of home equity and home prices in Mountain Pine may be due to its relatively low population density compared to other areas of Arkansas. There are only about 1,800 people living in Mountain Pine compared to over 6 million people living in Arkansas as a whole. This limited population size may allow for more individualized investment opportunities and increased demand for housing relative to larger cities or counties.

Another possible explanation for why homes are so expensive and Equity is so high in Mountain Pine may be due to its close proximity to major metropolitan areas such as Little Rock and Fort Smith. These larger cities offer a wider range of job opportunities and amenities that could attract potential homeowners away from smaller towns such as Mountain pine. Additionally, these larger cities may have stronger economies which could lead to higher demand for housing overall within their respective zip codes