Interested in purchasing investment houses in the 71960 zip code in Norman, AR?
The zip code 71960 is in Montgomery county with a latitude of -93.708510000000 and longitude of 34.479140000000, is in the state of Arkansas. The average asking price of houses and condos is $229,000.00 and the average sale price was $125,801.00. this regions is classified as the Little Rock metro area and consists of the following area codes: 327 and 870. The location in degrees is 34° 28' 44.904" N, 93° 42' 30.636" W. The county F.I.P.S. is 05097. This zip code contains two cities including Norman, AR (0.76%), and Black Springs, AR (0.30%) The total land area is 151.6 square miles and the water area is 0.2 square miles. The elevation in this area is 807 - 1339 feet. The zip code is on central standard time and observes daylight savings time.
The zip 71960 is in county number 097 and is L. Sector 00, L. Segment 01, H. Sector 87, and H. Segment 87. The population was 1,697 in 2019 and 1,383 in 2010. This further breaks down to 872 males (51.4%) and 825 females (48.6%). The median age of residents is 43.5 years. The population density (people per square mile) is 11. This zip code has a combined total of 908 houses and condos. There are 155 rented appartments. 21% of residents rent versus the 21% 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 $33,948 and the average salary is $31,786. The median household income of individuals is $31,954.00 and the average is $39,580.00. This zip code has a mean commute time to work of 30.4 minutes. The unemployment rate is 7.2%. Income earners by percent breakdown as 71.80% (Under $50,000), 23.70% ($50,000-$100,000), and 4.50% earn over $100,000. 32.2% of residents live below poverty line versus the 16.2% in the state that are below this line. The cost of living index is 78.7. The educational breakdown is 78.1% have a high school education or higher, 9.8% have a bachelor's degree or higher, and 6.8% have some kind of profesional degree.
This area has 592 households and the average size is 2.3 people. Individuals who are single and have never been married are 24.8%, 43.4% are now married, 1.6% are separated, 11.9% are widowed, and 18.3% are divorced. The average yearly contribution amount given by people to charity was $3,700 versus the state average of $5,996. The percent of residents who gave to charity was 6.5%.
The estimated median value of houses and condos is $94,099. The median monthly owner costs of mortgage holders was $859, where as the costs for those who don't have a mortgage are $262. The median number of rooms in houses and condos are 5.1 versus apartments which had a median number of 5.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $562. 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. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $802. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $400. Reported taxable interest for persons was $600, dividends $1,367, capital gains +$1,233, and itemized deductions $20,125. The average earned income tax credit is $1,921. The percent of individuals that use a tax preparer is 71.7%. The total average income taxes paid by individuals was $4,500. Businesses reported an average profit of $4,050.
Melba's Country Cooking
308 E Main St, Norman, AR 71960
Mt. Ida Cafe
132 Highway 270 E, Mount Ida, AR 71957 (9 miles away)
Little Italy Italian Restaurant
180 Highway 70 E Ste 13, Glenwood, AR 71943 (11.8 miles away)
The Yellow Store
62 E Highway 88, Pencil Bluff, AR 71965 (13.1 miles away)
Gayle's Family Restaurant
3974 Highway 70 W, Kirby, AR 71950 (14.9 miles away)
Blue Bell
8 Highway 298 E, Story, AR 71970 (16.4 miles away)
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