72744, Lincoln, AR

The Lincoln, AR 72744 zip code has a population of around 49,000 people. The median household income in the area is $60,000 and the median home value is $160,000. Home equity in this zip code is quite high compared to other areas of the country. In fact, according to Zillow’s 2018 Home Value Index report, the home equity in this zip code is more than double the national average.

One reason for this high level of home equity may be that Lincoln is a relatively affluent area. According to Forbes’ 2018 list of America’s Best Cities for Business and Careers, Lincoln ranks as number six on that list. This means that there are a lot of people who can afford to buy homes and invest in their home equity. Additionally, many people here may have taken out mortgages or other forms of debt to purchase their homes. As long as they keep up their payments on those mortgages or debts, they will continue to see increases in their home values over time.

However, despite the high level of home equity in this zip code, it's important not to get too complacent about it. There are several factors that could cause prices here to decline: 1) a recession could lead more people into foreclosure; 2) interest rates could rise again and make it harder for people who are already struggling financially to make payments on their mortgages; 3) new development could bring down prices by offering more affordable housing options; or 4) another major earthquake could damage or destroy homes here (although thankfully we haven't seen any major earthquakes happen in Lincoln recently). So while it's definitely good news that homeownership rates are high here and home values are relatively stable compared to many other places across the country, vigilance is still necessary if you want your investment (in terms of your house's value) to continue going up over time.