Twin Groves, AR Profile: Facts & Data

The Town of Twin Groves had a population of 318 as of July 1, 2024. Twin Groves ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Twin Groves is located at latitude 35.3334 and longitude -92.4221 in Faulkner County. The formal boundaries for the Town of Twin Groves encompass a land area of 4.55 sq. miles and a water area of 0 sq. miles. Faulkner County is in the Central time zone (GMT -6).

The Town of Twin Groves 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 Twin Groves is located within , a minor civil division (MCD) of Faulkner County.

Twin Groves, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	318 (100%)
Population in Households	318 (100.0%)
Population in Families	267 (84.0%)
Population in Group Quarters¹	0
Population Density	69
Diversity Index²	35


INCOME
Median Household Income	$67,099
Average Household Income	$79,464
% of Income for Mortgage⁴	19%
Per Capita Income	$31,486
Wealth Index⁵	62
Socioeconomic Status Index⁶	Moderate (56.6)

HOUSING
Total HU (Housing Units)	143 (100%)
Owner Occupied HU	107 (74.8%)
Renter Occupied HU	19 (13.3%)
Vacant Housing Units	17 (11.9%)
Median Home Value	$206,579
Average Home Value	$226,869
Housing Affordability Index³	133

HOUSEHOLDS
Total Households	126
Average Household Size	2.52
Family Households	90
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.

Twin Groves, AR - Peer Comparisons by Rank and Percentile

The table below compares Twin Groves 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.07%	-0.25%
Households	-0.19%	0.00%
Families		-1.84%
Median Household Income		0.82%
Per Capita Income		3.59%
Owner Occupied HU		0.19%

Variable Description	Rank	Percentile
Total Population	# 355	43rd
Population Density	# 556	11th
Median Household Income	# 111	82nd
Housing Affordability Index	# 356	57th
Per Capita Income	# 190	70th
Diversity Index	# 304	52nd

Twin Groves, AR Profile: Facts & Data

Twin Groves, Arkansas - Basic Facts

Twin Groves, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Twin Groves, AR - Peer Comparisons by Rank and Percentile

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