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Bono city, AR

ZIP 72416 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 72416

Median Home Value
$157,700
Median Rent
$688
Affordability Snapshot
$43,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,013/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.2x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 72416 in Bono city, AR, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,013. That sits below the local median household income ($72,452), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.1%+18% vs US avg
x
Vacancy Rate
10.4%+1% vs US avg
x
Broadband Access
87.8%+1% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
3.0%-76% vs US avg
x
Built Post-2014
1.5%-78% vs US avg
x
Rent Burden >30%
19.8%-60% vs US avg
x
Mortgage-Free
41.5%+9% vs US avg
x
$157,700
Home Value
$688
Rent
1992
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.1%
  • 1-unit attached0.2%
  • 2-9 units10.6%
  • 10+ units0.1%
  • Mobile home & other10.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$157,700
Median rent$688
Owner-occupied77.1%
Vacant10.4%
Price-to-income2.2x
Est. income to buy$43,000