Housing market/Arkansas/ZIP 71647

ACS 2023 · FY2027 SAFMR

ZIP 71647 Hermitage, Bradley County, Arkansas

Bradley County, AR · Arkansas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,430
Households
534
Median HH income
$34,643
Renter share
27.5%
Median gross rent
$488
Vacancy
41.5%
Pop. change
-36.7%
2BR SAFMR
$910
SAFMR / rent
1.865×
2–49 unit stock
198
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 71647 · AR — sent to you.

ZIP 71647 · AR

ACS median rent$488
2BR SAFMR$910
90% floor$819
110% ceiling$1,001

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 71647

  • 1-unit detached51055.9%
  • 2–4 units15316.8%
  • 5–49 units454.9%
  • Mobile20522.5%
TypeUnitsShare
1-unit detached51055.9%
1-unit attached00.0%
2 units (duplex)161.8%
3–4 units13715.0%
5–9 units454.9%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile20522.5%

2–4 unit share 16.8% · 5–49 unit share 4.9% · combined 2–49 21.7%.

Units by bedrooms

Studio
8
1BR
135
2BR
210
3BR
453
4BR
106
5+
1

Rent burden

Rent ≥30% of income21.1%
Rent ≥50% of income6.8%
  • ACS median gross rent $488 (all bedrooms, occupied rentals).
  • Median contract rent $266.
  • Renters paying ≥30% of income 21.1%; ≥50% 6.8%.
  • FY2027 2BR SAFMR $910 (1.865× ACS median gross rent).

Population

1,430 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -36.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 71647 27.5% of occupied households are renters; vacancy is 41.5%; ACS median gross rent is $488; population changed -36.7% between the 2018 and 2023 ACS vintages; the housing stock includes 153 units in 2–4-unit structures and 45 units in 5–49-unit structures; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $488. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Arkansas research

ZIP 71647 is a Census / HUD profile for Bradley County, AR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Arkansas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 71647?

ZIP 71647 (Bradley County, AR) has 1,430 residents, 534 households, a renter share of 27.5%, median household income of $34,643, and ACS 2023 median gross rent of $488. Vacancy is 41.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 71647?

ACS counts 16 units in 2-unit buildings, 137 in 3–4 unit buildings, 45 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 198 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 71647?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $910. See the full schedule and 90–110% payment-standard band on the ZIP 71647 — Hermitage, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 71647 is Census / HUD research for Bradley County, AR. Jeff Crowe CRE does not list Arkansas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.