Caraway, Arkansas Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Caraway, Arkansas had a total population of 1,087, the 206th largest city in Arkansas, with a median household income of $38,558, which is 37% lower than the state average. The poverty rate is 19.5%.
Key Takeaways
- Household income is 37% below the state average, indicating significant economic challenges.
- Only 8.3% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Caraway Quick Facts
How Caraway Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,000 | 1,087 | No clear change (+8.7%) |
| Median household income | $54,099 | $38,558 | -28.7% |
| Median home value¹ | $60,059 | $85,900 | +43.0% |
| Median gross rent | $705 | $603 | No clear change (-14.5%) |
How Caraway Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 95.0%
- Black: 0.0%
- Hispanic: 0.8%
- Asian: 0.0%
- Other: 0.0%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 51 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 18.4%
- HS Diploma: 50.1%
- Some College: 17.5%
- Associate's: 5.7%
- Bachelor's: 5.8%
- Graduate+: 2.5%
Caraway Rankings in Arkansas
Explore Arkansas Rankings
Other Cities in Craighead County
| City | Population | Median Income | Poverty | Home 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 |
| Bay | 2,333 | $59,769 | 14.8% | $118,400 |
| Monette | 1,251 | $54,167 | 10.3% | $114,200 |
| 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 Caraway
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| McAlmont | 1,088 | $34,696 | $209,900 | 24.0% | 34.2% |
| Cotter | 1,063 | $35,792 | $193,100 | 16.1% | 13.0% |
| East Camden | 1,026 | $37,500 | $110,400 | 13.6% | 6.6% |
| Waldo | 1,144 | $40,500 | $61,800 | 4.9% | 23.7% |
| Foreman | 1,044 | $42,083 | $95,100 | 6.6% | 17.1% |
Population Overview
Caraway is a small community located in Arkansas, within Craighead County. The total population is 1,087. It ranks as the 206th most populous out of 614 Census-designated places in Arkansas.
Age Demographics
The median age in Caraway is 32.7 years. This is 15% lower than the state median of 38.5 years.
Economy, Income & Housing
The median household income in Caraway is $38,558. This is 37% lower than the state median of $60,773. It is also 52% lower than the national median of $80,734. The poverty rate stands at 19.5%. This is 22% higher than the state poverty rate of 16.0%. The unemployment rate is 3.3%. This is 33% lower than the state rate of 4.9%. The median home value is $85,900. Housing costs are 54% lower than the state median of $188,000. With a home-value-to-income ratio of just 2.2x, Caraway is one of the most affordable housing markets in the area. 65.8% of occupied housing units are owner-occupied.
Race & Ethnicity
Caraway has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 0.8%. The Hispanic or Latino population (0.8%) is well below the state average of 9.0%.
Education
8.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% 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 81.6%.
Data Sources & Methodology
All demographic data for Caraway, 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 Caraway, Arkansas?
Caraway, Arkansas has a population of 1,087 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Caraway, AR?
The median household income in Caraway is $38,558, which is 52% lower than the national median of $80,734.
What is the poverty rate in Caraway, AR?
The poverty rate in Caraway is 19.5%. This means approximately 211 residents live below the federal poverty line.
What is the racial makeup of Caraway, Arkansas?
Caraway's population is 95.0% White, 0.0% Black, 0.8% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Caraway, AR?
The median home value in Caraway is $85,900. The home-value-to-income ratio is 2.2x.
How educated is Caraway, Arkansas?
8.3% of adults (25+) in Caraway hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.