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Caraway, Arkansas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,087
Population
$38,558
Median Income
$85,900
Home Value
32.7
Median Age

Demographics

Caraway has a population of 1,087 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:

White
95.0%
Other
4.2%
Hispanic
0.8%
Demographic Value
Total Population1,087
Median Age32.7
White95.0%
Hispanic or Latino0.8%
Other / Two or More Races4.2%
Caraway, Arkansas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 95.0%Other: 4.2%Other: 0.8%1,087PopulationWhiteWhite95.0%OtherOther4.2%OtherOther0.8%

Income & Economy

The median household income in Caraway is $38,558, which is 52.2% below the national median of $80,610. The per capita income is $22,707. The poverty rate is 19.5%.

$38,558
Median Household Income
$22,707
Per Capita Income
19.5%
Poverty Rate

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Education

In Caraway, 81.6% of residents age 25+ have a high school diploma or higher, and 8.3% hold a bachelor's degree or higher (2.5% with a graduate or professional degree).

HS Diploma+
81.6%
Bachelor's+
8.3%
Graduate+
2.5%
Education Level % of Adults (25+)
High School Diploma or Higher81.6%
Bachelor's Degree or Higher8.3%
Graduate or Professional Degree2.5%

Housing

The median home value in Caraway is $85,900, below the national median of $303,400. The median monthly rent is $603. The homeownership rate is 65.8%.

$85,900
Median Home Value
$603/mo
Median Rent
65.8%
Homeownership Rate
Housing Metric Value
Median Home Value$85,900
Median Monthly Rent$603
Homeownership Rate65.8%
Vacancy Rate10.5%

Salaries in Arkansas

Explore salary data for popular occupations in Arkansas:

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Other Cities in Arkansas

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Frequently Asked Questions

What is the population of Caraway, Arkansas?
The population of Caraway, Arkansas is 1,087 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Caraway, Arkansas?
The median household income in Caraway, Arkansas is $38,558. This is 52.2% below the national median of $80,610.
What is the median home value in Caraway, Arkansas?
The median home value in Caraway, Arkansas is $85,900. The median monthly rent is $603.
What percentage of people in Caraway have a college degree?
In Caraway, Arkansas, 8.3% of adults age 25 and older hold a bachelor's degree or higher, and 81.6% have a high school diploma or higher.
Is Caraway, Arkansas an affordable place to live?
The home price-to-income ratio in Caraway, Arkansas is 2.2x (median home value $85,900 vs. median income $38,558), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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