Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs |
|---|---|
| Avg HH Size | 2.59 |
| Below Poverty | 20.9% ▲ 109% above avg |
| College Grads | 21.5% ▼ 45% below avg |
| Unemployment | 4.0% ▼ 18% below avg |
| No HS Diploma | 22 (2.8%) |
| HS Graduate | 317 (39.8%) |
| Some College | 203 (25.5%) |
| Associates | 83 (10.4%) |
| Bachelors | 36 (4.5%) |
| Graduate Degree | 135 (17%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $41,328 ▼ 46% below avg |
|---|---|
| Median Home Value | $76,500 ▼ 73% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $550/mo |
| Total Housing Units | 620 |
| Vacant Units | 59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Caraway is a city in Arkansas, located in Craighead County. The city spans 1 ZIP code and is home to approximately 1,452 residents. It is a relatively young city, with a median age of 35.2 years.
Economically, Caraway is a working-class community. The median household income of $41,328 is below the national average. Approximately 20.9% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Caraway is one of the more affordable housing markets in the country. Median home values stand at $76,500, which is well below the national average. Renters typically pay around $550 per month. Homeownership is high at 74.3%, typical of suburban and family-oriented communities.
The population of Caraway is less-educated. 21.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.04%).
Caraway, AR offers residents a cost-conscious lifestyle within Arkansas.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 72419 | 1,452 | $41,328 | $76,500 | $550 | 4.0% | 21.5% | 74.3% |