Housing market/Arkansas/ZIP 71753

ACS 2023 · FY2027 SAFMR

ZIP 71753 Magnolia, Union County, Arkansas

Union 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
16,089
Households
5,748
Median HH income
$45,714
Renter share
37.4%
Median gross rent
$625
Vacancy
22.5%
Pop. change
-4.8%
2BR SAFMR
$910
SAFMR / rent
1.456×
2–49 unit stock
1,113
LIHTC proj / units
2 / 100
HUD assisted MF
2 / 82

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 71753 · AR — sent to you.

ZIP 71753 · AR

ACS median rent$625
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 71753

  • 1-unit detached5,06168.3%
  • 1-unit attached1131.5%
  • 2–4 units5086.9%
  • 5–49 units6058.2%
  • 50+ units1421.9%
  • Mobile97913.2%
TypeUnitsShare
1-unit detached5,06168.2%
1-unit attached1131.5%
2 units (duplex)1922.6%
3–4 units3164.3%
5–9 units4155.6%
10–19 units991.3%
20–49 units911.2%
50+ units1421.9%
Mobile97913.2%

2–4 unit share 6.8% · 5–49 unit share 8.2% · combined 2–49 15.0%.

Units by bedrooms

Studio
58
1BR
653
2BR
1,947
3BR
3,464
4BR
1,007
5+
292

Rent burden

Rent ≥30% of income24.7%
Rent ≥50% of income12.0%
  • ACS median gross rent $625 (all bedrooms, occupied rentals).
  • Median contract rent $445.
  • Renters paying ≥30% of income 24.7%; ≥50% 12.0%.
  • FY2027 2BR SAFMR $910 (1.456× ACS median gross rent).

Population

16,089 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 100 units.
  • HUD project-based assisted MF: 2 properties, 82 assisted units.
  • 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 71753 37.4% of occupied households are renters; vacancy is 22.5%; ACS median gross rent is $625; population changed -4.8% between the 2018 and 2023 ACS vintages; the housing stock includes 508 units in 2–4-unit structures and 605 units in 5–49-unit structures; 2 LIHTC projects totaling 100 units; FY2027 2BR SAFMR is $910 versus ACS median gross rent of $625. 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 71753 is a Census / HUD profile for Union 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 71753?

ZIP 71753 (Union County, AR) has 16,089 residents, 5,748 households, a renter share of 37.4%, median household income of $45,714, and ACS 2023 median gross rent of $625. Vacancy is 22.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 71753?

ACS counts 192 units in 2-unit buildings, 316 in 3–4 unit buildings, 415 in 5–9, 99 in 10–19, and 91 in 20–49. Combined 2–49 unit stock is 1,113 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 71753?

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 71753 — Magnolia, AR HUD Section 8 Payment Standards / SAFMR.

Does this Arkansas ZIP profile include Georgia listings?

No. ZIP 71753 is Census / HUD research for Union 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.