Sparkman, AR Profile: Facts & Data

The primary coordinate point for Sparkman is located at latitude 33.9168 and longitude -92.8482 in Dallas County. The formal boundaries for the City of Sparkman encompass a land area of 1.3 sq. miles and a water area of 0 sq. miles. Dallas County is in the Central time zone (GMT -6). The elevation is 171 feet.

The City of Sparkman 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.

Sparkman, AR Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	335 (100%)
Population in Households	335 (100.0%)
Population in Families	269 (80.3%)
Population in Group Quarters¹	0
Population Density	260
Diversity Index²	43


INCOME
Median Household Income	$49,351
Average Household Income	$58,705
% of Income for Mortgage⁴	8%
Per Capita Income	$26,162
Wealth Index⁵	43

HOUSING
Total HU (Housing Units)	191 (100%)
Owner Occupied HU	126 (66.0%)
Renter Occupied HU	17 ( 8.9%)
Vacant Housing Units	48 (25.1%)
Median Home Value	$76,829
Average Home Value	$99,603
Housing Affordability Index³	335

HOUSEHOLDS
Total Households	143
Average Household Size	2.34
Family Households	93
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.

Sparkman, AR - Peer Comparisons by Rank and Percentile

The table below compares Sparkman to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	-2.54%	-1.41%
Households	-2.10%	-1.29%
Families		-1.10%
Median Household Income		2.97%
Per Capita Income		3.00%
Owner Occupied HU		-1.14%

Variable Description	Rank	Percentile
Total Population	# 346	45th
Population Density	# 342	45th
Median Household Income	# 265	58th
Housing Affordability Index	# 580	93rd
Per Capita Income	# 338	46th
Diversity Index	# 230	63rd

Sparkman, AR Profile: Facts & Data

Sparkman, Arkansas - Basic Facts

Sparkman, AR Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sparkman, AR - Peer Comparisons by Rank and Percentile

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