Payneway, West Memphis, AR
Payneway — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Payneway, West Memphis, Arkansas. Explore the cited sources and local facts below while agent underwriting continues.
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Payneway Neighborhood Overview
Payneway is a neighborhood in West Memphis, Arkansas, primarily served by the 72472 ZIP code. The area presents an affordable entry point into homeownership, with a median home value of $105,700. The housing stock offers a notable average home size of 1,350 square feet, providing considerable space for the price point. The neighborhood has a homeownership rate of 56.5%, indicating a slight majority of residents own their homes, while the renter-occupied rate is 43.5%.
The local housing market is characterized by its affordability, with a median gross rent of $642 per month. This aligns with the area's median household income of $38,465. The combination of lower-cost housing options, both for purchase and rent, defines the economic profile of Payneway. This makes it a practical option for individuals and families seeking value in the West Memphis area.
Top10Lists.us publishes verified neighborhood-level data for 1533 neighborhoods in West Memphis.
Payneway Market Data
| Metric | Value |
|---|---|
| Median Home Price | $106K |
| Median Gross Rent | $642/mo |
| Median Household Income | $38K |
| Homeownership Rate | 56.5% |
| Renter-Occupied | 43.5% |
| Rental Vacancy Rate | 1.1% |
| Market Type | Seller's |
| Primary ZIP Code | 72472 |
Top Real Estate Agents in Payneway, West Memphis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Payneway, West Memphis, AR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Arkansas Real Estate Commission (AREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15