72442, Manila, AR

The home equity and home prices in the 72442 zip code of Manila, AR are reflective of the overall market conditions in the area. The median home value in this zip code is $101,000, which is below the statewide median home value of $119,500. Additionally, the percentage of homes that are owner-occupied is lower than the statewide percentage of owner-occupied homes at 63%. This suggests that there may be more opportunity for renters in this zip code.

The average monthly mortgage payment for a house in this zip code is $1,811. This is higher than the statewide average monthly mortgage payment of $1,521 but lower than the national average monthly mortgage payment of $2,088. This indicates that homeownership opportunities may be limited for those looking to purchase a home in this area.

Despite these limitations on homeownership opportunities, there are still some positive indicators associated with living in this zip code. The unemployment rate here is 3%, which is lower than both the statewide unemployment rate (6%) and national unemployment rate (4%). Additionally, median household income here ($34,000) is above both the statewide median household income ($30,700) and national median household income ($53,046). These figures suggest that there may be some pockets of wealth and prosperity within this community.