HousingHandbookReference data

U.S. ZIP Code · AR71851

Howard County

Typical home value

$128,938[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.5%
5-year / yr
10-year / yr

Relative price

vs U.S.
-54.6%
vs metro
vs state
-30.4%
ZIP 71851 location in AR
Location of ZIP 71851 in AR

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 71851 is worth $128,938. Over the past year, values have risen 0.5%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$655[3]

#Climate risk

FEMA National Risk Index ratings for Howard County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
2,196[3]
Median household income
$63,920[3]

#Migration

Household moves in and out of Howard County over a year, from IRS tax-return data.

Net migration
-25[5]
Moved in
245
Moved out
270

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • MINERAL SPRINGS ELEM. SCHOOL

    Elementary · Grades K–6 · MINERAL SPRINGS SCHOOL DISTRICT

    200 students

  • MINERAL SPRINGS HIGH SCHOOL

    High · Grades 7–12 · MINERAL SPRINGS SCHOOL DISTRICT

    195 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$652
Loan principal$103,150
Down payment$25,788
Total interest paid$131,563

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$814
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 71851?
The typical home in 71851 is worth $128,938, based on the Zillow Home Value Index.
Are home values rising in 71851?
Home values in 71851 are up 0.5% over the past year.
What is the property tax rate in 71851?
The effective property tax rate in 71851 is 0.5% — roughly $655 a year on a typical home.
Who lives in 71851?
ZIP code 71851 has a population of 2,196 and a median household income of $63,920.

Compare ZIPs

Pit ZIP 71851 against any other ZIP — full side-by-side table.

Compare 71851

#Jump to section