HousingHandbookReference data

U.S. ZIP Code · AR72342

Phillips County

Typical home value

$42,917[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-11.2%
5-year / yr
-7.9%
10-year / yr

Relative price

vs U.S.
-84.9%
vs metro
vs state
-76.8%
ZIP 72342 location in AR
Location of ZIP 72342 in AR

Price history

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

The typical home in 72342 is worth $42,917. Over the past year, values have fallen 11.2%. The effective property tax rate is 0.8%.

#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
0.8%[3]
Typical annual tax
$346[3]

#Climate risk

FEMA National Risk Index ratings for Phillips 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
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
4,070[3]
Median household income
$36,905[3]

#Migration

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

Net migration
-123[5]
Moved in
231
Moved out
354

Schools

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

Public schools
3
Elementary
1
Middle
1
High
1
  • KIPP DELTA ELEM LITERACY ACAD

    Elementary · Grades PK–5 · KIPP DELTA PUBLIC SCHOOLS

    470 students

  • KIPP:DELTA COLLEGIATE HIGH SCHOOL

    High · Grades 9–12 · KIPP DELTA PUBLIC SCHOOLS

    201 students

  • KIPP:DELTA COLLEGE PREP SCHOOL

    Middle · Grades 6–8 · KIPP DELTA PUBLIC SCHOOLS

    198 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$217
Loan principal$34,333
Down payment$8,583
Total interest paid$43,790

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$282
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 72342?
The typical home in 72342 is worth $42,917, based on the Zillow Home Value Index.
Are home values rising in 72342?
Home values in 72342 are down 11.2% over the past year, and down 7.9% a year over five years.
What is the property tax rate in 72342?
The effective property tax rate in 72342 is 0.8% — roughly $346 a year on a typical home.
Who lives in 72342?
ZIP code 72342 has a population of 4,070 and a median household income of $36,905.

Compare ZIPs

Pit ZIP 72342 against any other ZIP — full side-by-side table.

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