Oak Grove town, AR Profile: Facts & Data

Oak Grove town, Arkansas - Basic Facts

The Town of Oak Grove had a population of 378 as of July 1, 2024.

The primary coordinate point for Oak Grove town is located at latitude 36.464 and longitude -93.4301 in Carroll County. The formal boundaries for the Town of Oak Grove encompass a land area of 2.53 sq. miles and a water area of 0 sq. miles.

The Town of Oak Grove 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 Town of Oak Grove is located within , a minor civil division (MCD) of Carroll County.

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Oak Grove town, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	378 (100%)
Population in Households	378 (100.0%)
Population in Families	292 (77.2%)
Population in Group Quarters¹	0
Population Density	137
Diversity Index²	26


INCOME
Median Household Income	$62,135
Average Household Income	$83,384
% of Income for Mortgage⁴	19%
Per Capita Income	$37,059
Wealth Index⁵	78
Socioeconomic Status Index⁶	Moderate (57.6)

HOUSING
Total HU (Housing Units)	181 (100%)
Owner Occupied HU	140 (77.3%)
Renter Occupied HU	28 (15.5%)
Vacant Housing Units	13 ( 7.2%)
Median Home Value	$191,304
Average Home Value	$212,500
Housing Affordability Index³	134

HOUSEHOLDS
Total Households	168
Average Household Size	2.25
Family Households	108
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

181 (100%)

Owner Occupied HU

140 (77.3%)

Renter Occupied HU

28 (15.5%)

Vacant Housing Units

13 ( 7.2%)

Median Home Value

$191,304

Average Home Value

$212,500

Housing Affordability Index³

134

HOUSEHOLDS

Total Households

168

Average Household Size

2.25

Family Households

108

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	-0.49%	-0.11%
Households	0.00%	-0.12%
Families		-0.19%
Median Household Income		6.35%
Per Capita Income		3.43%
Owner Occupied HU		0.28%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.49%

-0.11%

Households

0.00%

-0.12%

Families

-0.19%

Median Household Income

6.35%

Per Capita Income

3.43%

Owner Occupied HU

0.28%

Oak Grove town, AR - Peer Comparisons by Rank and Percentile

The table below compares Oak Grove town to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2024 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	# 331	47th
Population Density	# 454	28th
Median Household Income	# 146	77th
Housing Affordability Index	# 359	57th
Per Capita Income	# 75	88th
Diversity Index	# 420	32nd

Variable Description

Rank

Percentile

Total Population

# 331

47th

Population Density

# 454

28th

Median Household Income

# 146

77th

Housing Affordability Index

# 359

57th

Per Capita Income

# 75

88th

Diversity Index

# 420

32nd

Arkansas Census Data Comparison Tool

Oak Grove town, AR Profile: Facts & Data

Oak Grove town, Arkansas - Basic Facts

Oak Grove town, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Oak Grove town, AR - Peer Comparisons by Rank and Percentile

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