72061, Guy, AR

The 72061 zip code of Guy, AR has a population of approximately 5,000 people. The median household income in the 72061 zip code is $40,000. The median home value in the 72061 zip code is $130,000.

Guy, AR has a low unemployment rate of 3%. The average commute time to work is 20 minutes. There are approximately 1,500 businesses in the 72061 zip code. The average business size is 2 employees.

The housing market in Guy, AR has been experiencing steady growth over the past few years. In 2016, the home values increased by 5%. In 2017 and 2018, the home values increased by an additional 7% and 8%, respectively. This trend is expected to continue into 2019 as well.

There are several factors that have contributed to this growth in the housing market in Guy, AR:

1) Low unemployment rate – with a 3% unemployment rate, there are many people who are looking for homes that they can purchase or lease.

2) Increasing wages – with increasing wages across all industries over recent years, more people have been able to afford homes without having to take on large amounts of debt or rely on other forms of assistance from family or friends.

3) Availability of affordable financing – due to low interest rates and stable economic conditions overall (especially compared to some other parts of the country), many people have been able to get mortgages for homes that they would not have otherwise been able to purchase or lease due to their high borrowing requirements elsewhere in the country.