ZIP Code 72023: Population, Income, Housing

State: AR
Total population: 37,452 Household income: $76,931 Rent: $1,103

Overview

Total population
37,452
Rent
$1,103
Year built
1998
Household income
$76,931
Per capita income
$36,041
Poverty rate
10.4%
Unemployment rate
N/A
Household size
2.6 persons
Rent over 30% of income
42.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Arkansas
County
Lonoke County
Hamlet
Greyhawk Addition
Total population
37,452
Adults over 25
24,998
Total households
14,296
Household size
2.6 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$76,931
Per capita income
$36,041
Poverty rate
10.4%
Unemployment rate
N/A
Rent over 30% of income
42.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,103
Year built
1998
Households that rent
27.1%
Households that own
72.9%
Rooms per home (all homes)
5.9

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
87.2%
Black
3%
Asian
1.8%
Two or more races
6.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
4.4%
Not Hispanic or Latino
95.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
16,305 (91.6%)
Commute time to work
30 mins
Work from home
1,500 (8.4%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
29.9%
High school graduate or GED
33.2%
Some college or associate degree
12%
Bachelor’s degree or higher
24.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 


Comparison of ZIP Code 72023 with: Lonoke County, AR Little Rock metro area, AR Arkansas United States

ZIP 72023

Total population37,452
Rent$1,103
Year built1998
Household income$76,931
Per capita income$36,041
Poverty rate10.4%
Unemployment rateN/A

Lonoke County, AR

Total population75,272
Rent$1,025
Year built1997
Household income$72,828
Per capita income$35,389
Poverty rate10.4%
Unemployment rate2.8%

Little Rock Metro Area, AR

Total population758,629
Rent$1,055
Year built1989
Household income$67,154
Per capita income$38,553
Poverty rate14.2%
Unemployment rate3.2%

Arkansas State

Total population3,049,391
Rent$947
Year built1987
Household income$60,773
Per capita income$34,225
Poverty rate16%
Unemployment rate3.5%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP72023 CountyLonoke, ARMetro AreaLittle Rock metro area, ARStateArkansasCountryUnited States
Total population37,45275,272758,6293,049,391334,922,499
Rent$1,103$1,025$1,055$947$1,413
Year built19981997198919871980
Household income$76,931$72,828$67,154$60,773$80,734
Per capita income$36,041$35,389$38,553$34,225$44,673
Poverty rate10.4%10.4%14.2%16%12.5%
Unemployment rateN/A2.8%3.2%3.5%4%

View the full multi-level comparison →

 

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Summary for 72023

Rent & Income

In 72023, the typical monthly rent is $1,103 and the typical household income is $76,931. Rent here is higher than Arkansas, and household income is higher than Arkansas. The estimated poverty rate is 10.4%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 27.1% of households. About 42.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 24.9% of adults holding a bachelor’s degree or higher.


 

ZIP 72023 — Rent vs Household Income

 


 

ZIP 72023 — Poverty

 


 

How ZIP 72023 compares in Arkansas (25 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,103 20 / 25 from lower rent $733 – $1,378
Household income $76,931 7 / 25 from higher income $40,231 – $110,514
Poverty rate 10.4% 8 / 25 from lower poverty 4.7% – 30.7%

Rankings are calculated among ZIP Codes in Arkansas with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 72023

Rent

Rent-wise, this area comes 20th out of 25 ZIP Codes in Arkansas. At the state level, values extend from $733 in ZIP 72601 up to $1,378 in ZIP 72758.

Household income

Looking at income levels, ZIP Code 72023 holds the 7th out of 25 ZIP Codes. In Arkansas as a whole, the range goes from $40,231 in ZIP 72209 up to $110,514 in ZIP 72712.

Poverty rate

Regarding poverty rate, ZIP Code 72023 ranks 8th out of 25 ZIP Codes. Statewide, values range from 4.7% in ZIP 72712 up to 30.7% in ZIP 72401.

 


💰 Rent in ZIP Code 72023 (with Utilities)

Estimated Monthly Rent: $1,103 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.


👨‍👧‍👦 Household Income in ZIP Code 72023

Annual Household Income: $76,931

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.


📉 Poverty Rate in ZIP Code 72023

Estimated Rate: 10.4%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.


🏘️ Renter vs. Owner Households in ZIP Code 72023

In ZIP Code 72023, households that rent: 3,878 (27.1%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 3,878 27.1%
Owner-Occupied 10,418 72.9%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.


📉 Renters Spending Over 30% of Income on Rent in ZIP Code 72023

In ZIP Code 72023, cost-burdened renters (households spending over 30% of income on housing): 1,661 (42.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 1,661 42.8%
Other renter households 2,217 57.2%
Total renter households 3,878 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.


📊 Education Levels in ZIP Code 72023

Less than High School: 7,463 people (29.9%)

Includes adults who did not complete high school.

High School Graduate or GED: 8,307 people (33.2%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 2,999 people (12%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 6,229 people (24.9%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 24,998


 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.