72139, Russell, AR

Russell, AR is located in Pope County and has a population of just over 10,000 people. The median household income is just over $50,000 and the median home value is just under $130,000. The 72139 zip code has a home equity rate of just over 95%. This means that the average homeowner in this zip code has nearly $115,000 in equity in their home.

The reason for this high level of equity is likely due to the low unemployment rate in Russell (3.5%) and the strong economy overall in Pope County. Additionally, Russell has seen relatively little growth over the past few years which may have kept prices relatively stable. However, there are some indications that prices may be starting to rise slightly faster than wages – for example, the number of homes listed for sale has increased by about 5% since last year but wages have only grown by about 2%.

Overall, it seems that homeownership rates are high and home values are stable or rising modestly in Russell – which could make it an attractive place to buy or invest in property.