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Forrest City Micro Area Housing

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As of 2010-2014, median price of a house in Forrest City Area is $65,600, which is much lower than the state average of $108,700 and is much lower than the national average of $175,700. The median year that a house in Forrest City Area was built is 1978, which is older than the median year for a house built in the state which is 1982 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 5,356 Owner Occupied Houses in Forrest City Area, #859

Forrest City Area	65,600 USD
Arkansas	108,700 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Forrest City Area	7.01%
Arkansas	49.31%
U.S.	46.91%

*The Forrest City Area median house price growth rate is since 2005-2009. The Arkansas and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Forrest City Area	Arkansas	U.S.
Total Housing Units	10,915, see rank, 100%	1,329,139	132,741,033
Occupied Housing Units	9,351, 85.67%, see rank	85.20%	87.55%
Owner Occupied	5,356, 49.07%, see rank	56.70%	56.34%
Renter Occupied	3,995, 36.60%, see rank	28.50%	31.21%
Vacant Housing Units	1,564, 14.33%, see rank	14.80%	12.45%
For Rent	306, 2.80%, see rank	3.08%	2.34%
For Sale Only	105, 0.96%, see rank	1.47%	1.20%
Rented or Sold, Not Occupied	170, 1.56%, see rank	1.34%	0.92%
For Seasonal, Recreational, or Occasional Use	66, 0.60%, see rank	3.77%	3.97%
For Migrant Workers	23, 0.21%, see rank	0.03%	0.03%
Other Vacant	894, 8.19%, see rank	5.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #344

Forrest City Area	Arkansas	U.S.
1978	1982	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Forrest City Area	%	Arkansas	U.S.
Owner-Occupied Units	5,356	100%	753,620	74,787,460
With a Mortgage	2,699	50.39%, see rank	57.12%	65.58%
Without a Mortgage	2,657	49.61%, see rank	42.88%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Forrest City Area	858 USD
Arkansas	1,027 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Forrest City Area	%	Arkansas	U.S.
$299 or Less	8	0.30%, see rank	0.27%	0.20%
$300 to $499	213	7.89%, see rank	4.06%	1.59%
$500 to $699	545	20.19%, see rank	13.71%	5.01%
$700 to $999	966	35.79%, see rank	29.88%	14.32%
$1,000 to $1,499	704	26.08%, see rank	31.28%	27.90%
$1,500 to $1,999	236	8.74%, see rank	11.89%	20.35%
$2,000 to $2,999	25	0.93%, see rank	6.76%	19.52%
$3,000 or More	2	0.07%, see rank	2.16%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Forrest City Area	19.00% of the Total Income
Arkansas	20.40% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Forrest City Area	%	Arkansas	U.S.
10% or Less	264	9.78%, see rank	8.42%	5.86%
10% to 20%	1,181	43.76%, see rank	40.00%	31.95%
20% to 30%	447	16.56%, see rank	25.17%	27.64%
30% to 40%	250	9.26%, see rank	10.74%	13.74%
40% or More	549	20.34%, see rank	15.06%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Forrest City Area	349 USD
Arkansas	328 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Forrest City Area	%	Arkansas	U.S.
$199 or Less	330	12.42%, see rank	14.84%	7.76%
$200 to $299	661	24.88%, see rank	27.47%	14.70%
$300 to $499	1,063	40.01%, see rank	40.92%	34.63%
$500 to $699	430	16.18%, see rank	11.95%	21.16%
$700 or More	173	6.51%, see rank	4.82%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Forrest City Area	13.70% of the Total Income
Arkansas	10.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Forrest City Area	%	Arkansas	U.S.
10% or Less	931	35.04%, see rank	46.84%	40.19%
10% to 20%	744	28.00%, see rank	30.62%	31.47%
20% to 30%	390	14.68%, see rank	10.57%	12.24%
30% to 40%	217	8.17%, see rank	4.25%	5.64%
40% or More	326	12.27%, see rank	6.40%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Forrest City Area	Arkansas	U.S.
Total Housing Units	10,915, 100%	1,329,139	132,741,033
1-unit, Detached	7,287, 66.76%, see rank	69.70%	61.65%
1-unit, Attached	182, 1.67%, see rank	1.65%	5.82%
2 Units	497, 4.55%, see rank	3.05%	3.75%
3 or 4 Units	636, 5.83%, see rank	3.22%	4.43%
5 to 9 Units	288, 2.64%, see rank	3.18%	4.78%
10 or More Units	256, 2.35%, see rank	6.24%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,769, 16.21%, see rank	12.96%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Forrest City Area	Arkansas	U.S.
Total Housing Units	10,915, 100%	1,329,139	132,741,033
1 Room	148, 1.36%, see rank	1.56%	1.95%
2 Rooms	112, 1.03%, see rank	1.59%	2.48%
3 Rooms	630, 5.77%, see rank	6.43%	9.13%
4 Rooms	2,481, 22.73%, see rank	17.60%	16.60%
5 Rooms	3,479, 31.87%, see rank	26.27%	20.41%
6 Rooms	2,087, 19.12%, see rank	20.63%	18.06%
7 Rooms	867, 7.94%, see rank	12.10%	12.27%
8 Rooms	539, 4.94%, see rank	6.91%	8.48%
9 Rooms or More	572, 5.24%, see rank	6.92%	10.60%
Median Rooms	5.10, see rank	5.40	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Forrest City Area	Arkansas	U.S.
Total Housing Units	10,915, 100%	1,329,139	132,741,033
No Bedroom	148, 1.36%, see rank	1.67%	2.17%
1 Bedroom	659, 6.04%, see rank	7.20%	11.16%
2 Bedrooms	3,125, 28.63%, see rank	27.66%	26.69%
3 Bedrooms	5,813, 53.26%, see rank	49.76%	39.70%
4 Bedrooms	1,046, 9.58%, see rank	11.71%	16.05%
5 or More Bedrooms	124, 1.14%, see rank	2.00%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Forrest City Area	Arkansas	U.S.
Total Housing Units	9,351, 100%	1,132,488	116,211,092
Utility Gas	3,717, 39.75%, see rank	40.58%	48.85%
Bottled, Tank, or LP Gas	1,174, 12.55%, see rank	7.51%	4.86%
Electricity	4,236, 45.30%, see rank	46.89%	36.68%
Fuel Oil, Kerosene, etc.	18, 0.19%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.00%	0.12%
Wood	132, 1.41%, see rank	4.39%	2.12%
Solar Energy	16, 0.17%, see rank	0.02%	0.05%
Other Fuel	25, 0.27%, see rank	0.30%	0.47%
No Fuel Used	33, 0.35%, see rank	0.20%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Forrest City Area	Arkansas	U.S.
Occupied Units Paying Rent	3,560, 100%	340,136	39,201,928
$199 or Less	304, 8.54%, see rank	1.96%	1.50%
$200 to $299	313, 8.79%, see rank	4.51%	3.18%
$300 to $499	654, 18.37%, see rank	15.80%	7.37%
$500 to $699	1,037, 29.13%, see rank	31.92%	16.01%
$700 to $999	920, 25.84%, see rank	32.72%	29.17%
$1,000 to $1,499	332, 9.33%, see rank	10.95%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	1.32%	9.79%
$2,000 or More	0, 0.00%, see rank	0.81%	6.10%
Median	$585, see rank	$675	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Forrest City Area	Arkansas	U.S.
Occupied Housing Units	9,351, 100%	1,132,488	116,211,092
No Vehicles Available	1,095, 11.71%, see rank	6.36%	9.12%
1 Vehicles Available	3,721, 39.79%, see rank	34.07%	33.80%
2 Vehicles Available	3,063, 32.76%, see rank	39.29%	37.48%
3 or More Vehicles Available	1,472, 15.74%, see rank	20.28%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.