Conway, AR Profile: Facts & Data

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Conway, Arkansas - Basic Facts

The City of Conway is the 7th largest city in Arkansas with a population of 67,012 as of July 1, 2024. Conway ranks in the upper quartile for Population Density and 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 Conway is located at latitude 35.0887 and longitude -92.4421 in Faulkner County. The formal boundaries for the City of Conway encompass a land area of 45.54 sq. miles and a water area of 0.25 sq. miles. Faulkner County is in the Central time zone (GMT -6).

The City of Conway 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 Conway is located within , a minor civil division (MCD) of Faulkner County.


Jump to... (On This Page!)
  1. Conway 2024 Demographic Data
  2. Growth Rates for Conway (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 - 2024 Demographics
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Conway, AR Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 67,012 (100%)
Population in Households 62,166 (92.8%)
Population in Families 45,385 (67.7%)
Population in Group Quarters1 4,846 ( 7.2%)
Population Density 1,437
Diversity Index2 59
 
 

INCOME

Median Household Income $55,575
Average Household Income $81,885
% of Income for Mortgage4 28%
Per Capita Income $32,887
Wealth Index5 64
Socioeconomic Status Index6 Moderate (51.4)
 

HOUSING

Total HU (Housing Units) 28,997 (100%)
Owner Occupied HU 12,904 (44.5%)
Renter Occupied HU 13,833 (47.7%)
Vacant Housing Units 2,260 ( 7.8%)
Median Home Value $251,379
Average Home Value $286,776
Housing Affordability Index3 91
 

HOUSEHOLDS

Total Households 26,737
Average Household Size 2.33
Family Households 15,441
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

2020-2024 2024-2029
Population 1.01% 0.58%
Households 1.22% 0.94%
Families   0.69%
Median Household Income   1.95%
Per Capita Income   2.91%
Owner Occupied HU   1.16%

Conway, AR - Peer Comparisons by Rank and Percentile

The table below compares Conway 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 # 7 99th
Population Density # 20 97th
Median Household Income # 227 64th
Housing Affordability Index # 197 32nd
Per Capita Income # 150 76th
Diversity Index # 86 86th

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

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