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Caraway city, Arkansas Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Caraway city, Arkansas has a total population of 1,078, the 205th largest city in Arkansas, with a median household income of $41,667, which is 29% lower than the state average. The poverty rate is 22.6%.

Key Takeaways

Caraway city Quick Facts

Population 1,078
Median Household Income $41,667
Median Home Value $73,800
Poverty Rate 22.6%
Unemployment Rate 4.7%
Median Age 32.4 years
Homeownership Rate 68.7%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 13.0%
High School Graduation Rate 80.4%
Diversity Index 17/100
Population 1,078 205th of 617
Median Income $41,667 below average
Poverty Rate 22.6% 82% higher national
Median Home Value $73,800 bottom 20%

How Caraway city Compares

Economy & Housing

Employment

4.7% Unemployment Rate State: 5.1% | National: 5.2%
53.4% Labor Force Participation

Housing Overview

Owner 68.7%
Renter 31.3%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 50 | National average: 60

Education

Caraway city Rankings in Arkansas

#205 Population of 617
#343 Median Income of 617
#305 Education of 617
#421 Home Value of 617

Cities Similar to Caraway city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Swifton city1,082$46,250$73,5007.0%34.3%
Horatio city1,025$44,417$109,90022.4%13.0%
Waldo city1,159$43,958$91,0006.5%21.6%
Plumerville city1,008$38,438$112,10018.7%18.0%
Sweet Home CDP1,206N/A$160,30014.4%41.3%

Population Overview

Caraway city is a small community located in Arkansas. The total population is 1,078. It ranks as the 205th most populous out of 617 cities and towns in Arkansas.

Age Demographics

The median age in Caraway city is 32.4 years. This is 16% lower than the state median of 38.4 years.

Economy, Income & Housing

The median household income in Caraway city is $41,667. This is 29% lower than the state median of $58,773. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 22.6%. This is 41% higher than the state poverty rate of 16.0%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.7%. This is 7% lower than the state rate of 5.1%. The median home value is $73,800. Housing costs are 58% lower than the state median of $175,300. With a home-value-to-income ratio of just 1.8x, Caraway city is one of the most affordable housing markets in the area. 68.7% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 66.1%.

Race & Ethnicity

Caraway city has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 4.2%. The Hispanic or Latino population (4.2%) is well below the state average of 8.8%.

Education

13.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% lower than the state rate of 25.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.4%.

Data Sources & Methodology

All demographic data for Caraway city, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 617 Census-designated places in Arkansas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Caraway city, Arkansas?

Caraway city, Arkansas has a population of 1,078 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Caraway city, AR?

The median household income in Caraway city is $41,667, which is 47% lower the national median of $78,538.

What is the poverty rate in Caraway city, AR?

The poverty rate in Caraway city is 22.6%. This means approximately 243 residents live below the federal poverty line.

What is the racial makeup of Caraway city, Arkansas?

Caraway city's population is 90.6% White, 0.0% Black, 4.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Caraway city, AR?

The median home value in Caraway city is $73,800. The home-value-to-income ratio is 1.8x.

How educated is Caraway city, Arkansas?

13.0% of adults (25+) in Caraway city hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.