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Caraway, AR
Full City Profile · Arkansas · Mississippi County County
3.2
/5.0
B
Good
1,078
Population
469/sq mi density
$41,667
Median Income
$22,955 per capita
$73,800
Home Value
$153,112 Zillow
$481
Median Rent
22.4% income on rent
62°F
Avg Temperature
301 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$41,667 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$73,800 home value, $481/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.0 / 5.0
13.0% bachelor's degree or higher
Housing Overview
Median Home Value
$73,800
74% below
US avg: $281,900
Median Rent
$481/mo
59% below
US avg: $1,163/mo
Homeownership Rate
68.7%
5% above US avg (65.4%)
Total Housing Units
547
Median year built: 1975
Home Value by Source
Census Median
$73,800
Zillow (ZHVI)
$153,112
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
68.7%
Owner-Occupied
31.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent:
$481/mo
Affordability & Housing Stock
Rent Burden
22.4%
of renters spending 30%+ of income on housing
28% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
68.7%
Complete Housing Data
Home Values
| Census Median Value | $73,800 |
| Zillow Home Value (ZHVI) | $153,112 |
Rent
| Census Median Rent | $481 |
| FMR Studio | $700 |
| FMR 1-Bedroom | $751 |
| FMR 2-Bedroom | $944 |
| FMR 3-Bedroom | $1,239 |
| FMR 4-Bedroom | $1,406 |
Market
Ownership & Stock
| Owner-Occupied | 68.7% |
| Renter-Occupied | 31.3% |
| Homeownership Rate | 68.7% |
| Total Housing Units | 547 |
| Median Year Built | 1975 |
| Rent Burden | 22.4% |