Norfork, AR Profile: Facts & Data

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Norfork, Arkansas - Basic Facts

The City of Norfork had a population of 544 as of July 1, 2023. Norfork ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Norfork is located at latitude 36.2095 and longitude -92.2843 in Baxter County. The formal boundaries for the City of Norfork encompass a land area of 2.3 sq. miles and a water area of 0.18 sq. miles. Baxter County is in the Central time zone (GMT -6).

The City of Norfork has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Norfork is located within Township of North Fork (historical), a minor civil division (MCD) of Baxter County.


Jump to... (On This Page!)
  1. Norfork 2023 Demographic Data
  2. Growth Rates for Norfork (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2023 Demographics
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Norfork, AR Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 544 (100%)
Population in Households 544 (100.0%)
Population in Families 414 (76.1%)
Population in Group Quarters1 0
Population Density 245
Diversity Index2 15
 
 

INCOME

Median Household Income $38,417
Average Household Income $52,406
% of Income for Mortgage4 27%
Per Capita Income $23,795
Wealth Index5 40
Socioeconomic Status Index6 Low (44.1)
 

HOUSING

Total HU (Housing Units) 334 (100%)
Owner Occupied HU 217 (65.0%)
Renter Occupied HU 30 ( 9.0%)
Vacant Housing Units 87 (26.0%)
Median Home Value $172,872
Average Home Value $207,488
Housing Affordability Index3 95
 

HOUSEHOLDS

Total Households 247
Average Household Size 2.20
Family Households 153
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 4.95% -0.22%
Households 1.41% -0.08%
Families   -0.40%
Median Household Income   2.76%
Per Capita Income   2.56%
Owner Occupied HU   -1.32%

Norfork, AR - Peer Comparisons by Rank and Percentile

The table below compares Norfork to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 274 56th
Population Density # 359 43rd
Median Household Income # 481 23rd
Housing Affordability Index # 176 28th
Per Capita Income # 446 29th
Diversity Index # 583 7th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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