Zip Code:

72015, Benton, AR

72015 is a Arkansas Zip code within the city of Benton and the county of Saline County. Its population is roughly 29,671.

The Real Estate Market in the 72015 Zip Code of Benton, AR

Benton, AR is located in the 72015 zip code. According to the 2010 census, Benton had a population of 9,927. The median household income was $41,898 and the median family income was $50,000. The percentage of families living below the poverty line was 2%.

The home equity and home prices in Benton are very high compared to other areas of the country. In fact, according to Zillow’s latest report on home values in America, Benton has the highest home value per capita in America. As of September 2015, the median home value in Benton was $192,900. This is more than twice as high as the national average and more than three times as high as the state average.

There are several reasons why Benton's homes are so valuable. First of all, Benton is a very affluent area. According to Forbes Magazine's list of America's richest towns and cities, Benton ranks number one on their list of wealthiest towns in Arkansas with a population over 10,000. Second, there is a lot of demand for homes in Benton because it is an excellent location for both residential and commercial investment purposes. Third, there is a low rate of foreclosure activity in Benton which helps keep prices high.

Despite these factors contributing to its high home values, there are some risks associated with buying or owning a home in Benton that should be considered before making any decisions about purchasing or selling a property here:

-The unemployment rate in Benton is higher than average (6% vs 4%). This could lead to increased competition for jobs and lower wages which would drive down prices even further; -The cost of living can be expensive compared to other areas of Arkansas; -There may be limited inventory available for sale due to restrictions on building new homes due to zoning regulations; -The area has been hit hard by recessionary conditions which could lead buyers who were planning on buying soon to reconsider; -Rising interest rates could make it more difficult for people who already own homes here to afford them if they decide to sell; - Benton experiences hot summers and cold winters which can damage roofs and walls if not properly insulated;

Price Index: Little Rock-North Little Rock-Conway, AR

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