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Holiday Island, AR Profile: Facts & Data

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Holiday Island, Arkansas - Basic Facts

The Holiday Island Census Designated Place had a population of 2,323 as of July 1, 2020.

The primary coordinate point for Holiday Island is located at latitude 36.4853 and longitude -93.7321 in Carroll County. The formal boundaries for the Holiday Island Census Designated Place encompass a land area of 10.73 sq. miles and a water area of 0.13 sq. miles. Carroll County is in the Central time zone (GMT -6). The elevation is 1,407 feet.

The Holiday Island Census Designated Place (GNIS ID: 2612127) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Holiday Island Census Designated Place is located within Township of Franklin, a minor civil division (MCD) of Carroll County.


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Holiday Island, AR Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,323 (100%)
Population in Households 2,323 (100.0%)
Population in Families 1,740 (74.9%)
Population in Group Quarters1 0
Population Density 216
Diversity Index2 18
 
 

INCOME

Median Household Income $45,939
Average Household Income $58,304
% of Income for Mortgage4 15%
Per Capita Income $30,374
Wealth Index5 69
 

HOUSING

Total HU (Housing Units) 1,671 (100%)
Owner Occupied HU 1,036 (62.0%)
Renter Occupied HU 185 (11.1%)
Vacant Housing Units 450 (26.9%)
Median Home Value $162,500
Average Home Value $174,928
Housing Affordability Index3 170
 

HOUSEHOLDS

Total Households 1,221
Average Household Size 1.9
Family Households 744
Average Family Size 2
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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population -0.22% -0.08%
Households -0.06% 0.03%
Families -0.57% -0.19%
Median Household Income   1.76%
Per Capita Income   2.22%
Owner Occupied HU   0.06%

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Holiday Island, AR - Peer Comparisons by Rank and Percentile

The table below compares Holiday Island to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2020 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 # 133 76th
Population Density # 399 26th
Median Household Income # 173 68th
Housing Affordability Index # 116 21st
Per Capita Income # 44 92nd
Diversity Index # 379 30th

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

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