72677, Summit, AR

Summit, AR is located in Pulaski County and has a population of approximately 10,000. The median household income in Summit is $86,000 and the median home value is $236,500. The average home equity in Summit is $128,700.

The 72677 zip code has a median home value of $236,500 and a median household income of $86,000. This means that the majority of homes in this zip code are worth more than the average American household's total annual income. In addition, the average home equity in this zip code is $128,700 which indicates that most homeowners have more than enough money saved up to cover any potential repairs or upgrades to their homes.

One reason why Summit's homes are so valuable is because there are very few houses for sale in this area. In fact, only 2% of all homes for sale in Pulaski County are located within the 72677 zip code. This means that there is an abundance of homes available for people who want to buy them and also an abundance of money available to those who want to sell their homes.

Another factor contributing to Summit's high home values is the low unemployment rate here compared to other parts of Arkansas. The unemployment rate in Pulaski County was 4% as of May 2017 which was much lower than the statewide unemployment rate (6%) or even Little Rock's (10%) unemployment rate. This means that there are many people who are able and willing to work and earn an income which can be put towards buying a house or investing in property stocks/funds/mutual funds etc..