72031, Clinton, AR

Clinton, AR is located in Pulaski County and has a population of just over 10,000 people. The 72031 zip code covers just under 2 square miles and has a median home value of $119,000. Clinton's home equity market is fairly healthy with both prices and home equity levels increasing over the past several years.

The Clinton area experienced moderate growth in both population and jobs during the past few years. This has led to an increase in demand for housing which has helped to drive up home values and home equity levels. Clinton's 72031 zip code has seen particularly strong growth in its home equity market, with prices increasing by an average of 7% annually since 2010. In addition, Clinton's 72031 zip code boasts a 95% homeownership rate which is significantly higher than the Arkansas state average of 68%. This indicates that Clinton residents are confident in their ability to maintain their homes and are not overly reliant on their homes as financial investments.

While Clinton's 72031 zip code enjoys relatively strong growth in its home equity market, there are some areas where prices have not yet reached parity with inflation or increased as rapidly as others. For example, while prices have increased by an average of 7% annually since 2010, wages have only grown by 3%. This discrepancy may be due to low unemployment rates in the area or limited job opportunities for those without college degrees. However, even with these exceptions, overall Clinton's 72031 zip code is seeing strong growth in its housing market which should continue into the future barring any major unforeseen economic setbacks.