Interested in purchasing investment houses in the 71862 zip code in Washington, AR?
The zip code 71862 is in Hempstead county with a latitude of -93.734200000000 and longitude of 33.769640000000, is in the state of Arkansas. The average asking price of houses and condos is $159,000.00 and the average sale price was $104,419.00. this regions is classified as the Shreveport metro area and consists of the following area codes: 327 and 870. The location in degrees is 33° 46' 10.704" N, 93° 44' 3.12" W. The county F.I.P.S. is 05057. The total land area is 64.8 square miles and the water area is 0.0 square miles. The elevation in this area is 338 - 430 feet. The zip code is on central standard time and observes daylight savings time.
The zip 71862 is in county number 057 and is L. Sector 00, L. Segment 01, H. Sector 20, and H. Segment 20. The population was 720 in 2019 and 771 in 2010. This further breaks down to 381 males (52.9%) and 339 females (47.1%). The median age of residents is 44.5 years. The population of the greater Hope, AR area is 33,998. The population density (people per square mile) is 11. This zip code has a combined total of 408 houses and condos. There are 72 rented appartments. 23% of residents rent versus the 23% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $35,396 and the average salary is $29,512. The median household income of individuals is $32,085.00 and the average is $40,170.00. This zip code has a mean commute time to work of 27.3 minutes. The unemployment rate is 7.9%. Income earners by percent breakdown as 69.30% (Under $50,000), 24.40% ($50,000-$100,000), and 6.30% earn over $100,000. 34.9% of residents live below poverty line versus the 16.2% in the state that are below this line. The cost of living index is 78.4. The educational breakdown is 72.8% have a high school education or higher, 24.3% have a bachelor's degree or higher, and 7.7% have some kind of profesional degree.
This area has 335 households and the average size is 2.2 people. Individuals who are single and have never been married are 25.4%, 29.8% are now married, 1.4% are separated, 0.6% are widowed, and 42.8% are divorced. The average yearly contribution amount given by people to charity was $4,567 versus the state average of $5,996. The percent of residents who gave to charity was 10.7%.
The estimated median value of houses and condos is $70,533. The median monthly owner costs of mortgage holders was $1,645, where as the costs for those who don't have a mortgage are $153. The median number of rooms in houses and condos are 5.2 versus apartments which had a median number of 5.4.
The real estate tax percent rate is 0.3% which equated to an average real estate tax amount payment of $207. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $834. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $208. Reported taxable interest for persons was $717, capital gains +$7,550, and itemized deductions $19,400. The average earned income tax credit is $2,211. The percent of individuals that use a tax preparer is 71.4%. The total average income taxes paid by individuals was $4,025. Businesses reported an average profit of $1,375.
Williams Tavern Restaurant
105 Carroll St, Washington, AR 71862
Scottie's Steak & Seafood
504 W Compress Rd, Hope, AR 71801 (6.8 miles away)
Hornet Hut
5456 Highway 371, Blevins, AR 71825 (11.5 miles away)
Red River Cafe
5279 Highway 67 W, Fulton, AR 71838 (11.6 miles away)
Pat's Burger Plus
1967 Main St, Saratoga, AR 71859 (11.7 miles away)
Kelly's Burger Barn
121 Arkla Cir, Emmet, AR 71835 (15 miles away)