72099, Little Rock Air Force Base, AR

The 72099 zip code of Little Rock Air Force Base, AR has a median home value of $128,000 and a median home equity value of $111,000. These values are significantly higher than the Arkansas statewide median home value of $60,600 and the national median home equity value of $81,200. The 72099 zip code is also considerably wealthier than the Arkansas statewide median household income of $42,500 and the national median household income of $53,100.

The 72099 zip code is made up primarily of military families who have chosen to live on or near Little Rock Air Force Base. As a result, the homes in this zip code are typically larger and more expensive than those in other parts of Arkansas or the United States. This concentration of wealth has led to significant disparities in home prices between different neighborhoods within the 72099 zip code. For example, one neighborhood near Little Rock Air Force Base has a median home value that is nearly three times as high as the median home value in another neighborhood just a few miles away.

Despite these disparities, most homeowners in the 72099 zip code are able to afford their homes thanks to strong appreciation rates over recent years. In fact, according to Zillow’s Home Value Index (HVI), which measures long-term trends in U.S. housing values based on data from multiple sources including public records and MLS listings.,the 72099 zip code has experienced an average annual rate of growth since 2006 that is significantly higher than both the Arkansas statewide average growth rate (2%) and the nationwide average growth rate (1%). This strong appreciation trend may be due in part to Little Rock Air Force Base’s status as one of America’s top military hubs – attracting both civilian employees working at nearby businesses as well as military personnel stationed at AFB who can afford to purchase or build homes close to their work location.