Arkansas
Carroll County
ZIP 72638
28,526 residents25 permits TTM$55,187 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$186,300
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.8%
HUD FMR ÷ ACS HHI
Net migration
+0.86%
IRS SOI
Permits (TTM)
25
Census BPS
Climate risk
64.6
FEMA NRI (0–100)
ZIP 72638
Median home value
$212,029
Gross yield
5.4%
Cap rate
4.6%
Rent gap
14.3%
Affordability
P/I: 3.8R/I: —
Section 8 detail
SAFMR: $954Rent: $818Gap: 16.6%
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 72611 | $220,058 | $954 | 5.2% | 4.5% | 14.3% |
| 72616 | $231,434 | $954 | 4.9% | 4.2% | 14.3% |
| 72631 | $309,321 | $954 | 3.7% | 3.2% | 14.3% |
| 72632 | $299,741 | $954 | 3.8% | 3.3% | 14.3% |
| 72638 | $212,029 | $954 | 5.4% | 4.6% | 14.3% |
Ranked by composite score
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Demographics
Owner-occupied
77.7%
Census ACS
Vacancy rate
20.2%
Census ACS
Bachelor's degree +
21.1%
Census ACS
Rent burdened
39.4%
Census ACS (>30% income)
Median age
44.7
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026
