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Bay, Arkansas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Bay, Arkansas had a total population of 2,333, the 134th largest city in Arkansas, with a median household income of $59,769, which is 2% lower than the state average. The poverty rate is 14.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Bay Quick Facts

Population 2,333
Median Household Income $59,769
Median Home Value $118,400
Poverty Rate 14.8%
Unemployment Rate 2.1%
Median Age 31.6 years
Homeownership Rate 47.8%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 13.6%
High School Graduation Rate 85.0%
Diversity Index 12/100
Population 2,333 134th of 614
Median Income $59,769 above average
Poverty Rate 14.8% 18% higher than national
Median Home Value $118,400 average

How Bay Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,3692,333-1.5%
Median household income$58,000$59,769+3.0%
Median home value$109,000$118,400+8.6%

How Bay Compares

Economy & Housing

Household Income Distribution

Under $25K 19.4%
$25K-$50K 21.7%
$50K-$100K 43.0%
$100K+ 15.8%
Detailed income brackets
Under $10K
3.6%
$10K-$15K
7.3%
$15K-$20K
3.3%
$20K-$25K
5.2%
$25K-$30K
4.0%
$30K-$35K
5.1%
$35K-$40K
4.1%
$40K-$45K
5.7%
$45K-$50K
2.8%
$50K-$60K
9.2%
$60K-$75K
16.8%
$75K-$100K
17.1%
$100K-$125K
6.3%
$125K-$150K
4.9%
$150K-$200K
4.6%
$200K+
0.0%

Employment

2.1% Unemployment Rate State: 4.9%|National: 5.2%
62.8% Labor Force Participation

Housing Overview

Owner 47.8%
Renter 52.2%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $1,028/mo 20.6% of median household income annually

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 61

Education

Bay Rankings in Arkansas

#134 Population of 614
#161 Median Income of 526
#301 Education of 614
#250 Home Value of 524

Other Cities in Craighead County

CityPopulationMedian IncomePovertyHome Value
Jonesboro 80,137 $55,424 22.8% $223,200
Brookland 4,377 $57,308 12.5% $169,200
Bono 2,657 $56,098 17.1% $162,100
Lake City 2,531 $60,273 12.3% $152,000
Monette 1,251 $54,167 10.3% $114,200
Caraway 1,087 $38,558 19.5% $85,900
Cash 278 $49,500 37.7% $90,300
Black Oak 179 $54,643 22.6% $68,400
Egypt 57 $28,750 35.1% $75,000
Bowman 30 N/A 0.0% N/A

Cities Similar to Bay

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Danville2,289$64,420$122,70011.6%26.0%
Smackover2,419$55,995$118,60022.4%26.7%
Lake City2,531$60,273$152,00016.5%12.3%
Fairfield Bay2,515$56,594$164,80030.1%11.4%
Star City2,405$51,051$122,30021.7%23.9%

Population Overview

Bay is a small community located in Arkansas, within Craighead County. The total population is 2,333. It ranks as the 134th most populous out of 614 Census-designated places in Arkansas.

Age Demographics

The median age in Bay is 31.6 years. This is 18% lower than the state median of 38.5 years. With 33.7% of the population under 18, Bay has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Bay is $59,769. This is 2% lower than the state median of $60,773. It is also 26% lower than the national median of $80,734. The poverty rate stands at 14.8%. This is 8% lower than the state poverty rate of 16.0%. The unemployment rate is 2.1%. This is 58% lower than the state rate of 4.9%. The median home value is $118,400. Housing costs are 37% lower than the state median of $188,000. With a home-value-to-income ratio of just 2.0x, Bay is one of the most affordable housing markets in the area. 47.8% of occupied housing units are owner-occupied. This homeownership rate is 28% lower than the state average of 66.4%.

Race & Ethnicity

Bay has a predominantly White (non-Hispanic) population, comprising 93.7% of all residents. Hispanic or Latino residents account for 1.2%. The Black or African American population (1.2%) is well below the state average of 14.6%. The Hispanic or Latino population (1.2%) is well below the state average of 9.0%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% lower than the state rate of 25.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.0%.

Data Sources & Methodology

All demographic data for Bay, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 614 Census-designated places in Arkansas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Bay, Arkansas?

Bay, Arkansas has a population of 2,333 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Bay, AR?

The median household income in Bay is $59,769, which is 26% lower than the national median of $80,734.

What is the poverty rate in Bay, AR?

The poverty rate in Bay is 14.8%. This means approximately 334 residents live below the federal poverty line.

What is the racial makeup of Bay, Arkansas?

Bay's population is 93.7% White, 1.2% Black, 1.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Bay, AR?

The median home value in Bay is $118,400. The home-value-to-income ratio is 2.0x.

How educated is Bay, Arkansas?

13.6% of adults (25+) in Bay hold a bachelor's degree or higher, and 5.6% hold a graduate or professional degree.