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
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
72611$220,058$9545.2%4.5%14.3%
72616$231,434$9544.9%4.2%14.3%
72631$309,321$9543.7%3.2%14.3%
72632$299,741$9543.8%3.3%14.3%
72638$212,029$9545.4%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

Data sources
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