71631 ZIP Code – Banks, Arkansas

Located in Banks, Arkansas, ZIP code 71631 is a small ZIP code within Bradley County with a population of approximately 579 residents. Residents earn a median household income of $43,527, which is below the Arkansas average and well below the national figure. Homes in this ZIP code have a median value of $55,000, well below the national average, with 72.0% owner-occupied housing (decreasing). Housing consists of 68% single-family (increasing).

At 10.7%, the unemployment rate is well above the national figure. An estimated 21.6% of the population falls below the poverty line, well above the national figure. 1.8% of adults hold a bachelor's degree or higher, well below the U.S. average. At 49.5, the median age is near the national figure. ZIP codes in the surrounding area include 71745, 71671, 71660.

ZIP Code 71631 Data

Population 579
Median Household Income $43,527
Median Home Value $55,000
Median Rent Not provided
Median Age 49.5
Unemployment Rate 10.7%
Poverty Rate 21.6%
Bachelor's Degree or Higher 1.8%
State Arkansas

ZIP 71631 vs. Arkansas vs. U.S.

MetricZIP 71631AR Avg.U.S. Avg.
Population5795,03910k
Median Household Income$43k$52k$73k
Median Home Value$55k$126k$258k
Median Rent$750$1,088
Median Age49.544.243.2
Unemployment Rate10.7%5.4%5.0%
Poverty Rate21.6%17.7%13.3%
Bachelor's Degree or Higher1.8%16.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
71745 HARRELL 141 $70,577
71671 WARREN 8,852 $44,324
71660 NEW EDINBURG 852 Not provided
71744 HAMPTON 2,816 $61,445
71647 HERMITAGE 1,431 $33,906