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Charleston, AR Profile: Facts & Data

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Charleston, Arkansas - Basic Facts

The City of Charleston had a population of 2,725 as of July 1, 2020.

The primary coordinate point for Charleston is located at latitude 35.297 and longitude -94.0363 in Franklin County. The formal boundaries for the City of Charleston encompass a land area of 4.28 sq. miles and a water area of 0.11 sq. miles. Franklin County is in the Central time zone (GMT -6). The elevation is 518 feet.

The City of Charleston (GNIS ID: 2404028) 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 Charleston is located within Township of Prairie, a minor civil division (MCD) of Franklin County.

Alternate Unofficial Names for Charleston: Charles Towne, Charlestown.

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

POPULATION

Total Population 2,725 (100%)
Population in Households 2,648 (97.2%)
Population in Families 2,214 (81.2%)
Population in Group Quarters1 77 ( 2.8%)
Population Density 654
Diversity Index2 21
 
 

INCOME

Median Household Income $45,152
Average Household Income $54,990
% of Income for Mortgage4 9%
Per Capita Income $21,334
Wealth Index5 45
 

HOUSING

Total HU (Housing Units) 1,149 (100%)
Owner Occupied HU 710 (61.8%)
Renter Occupied HU 336 (29.2%)
Vacant Housing Units 103 ( 9.0%)
Median Home Value $93,881
Average Home Value $120,458
Housing Affordability Index3 289
 

HOUSEHOLDS

Total Households 1,046
Average Household Size 2.53
Family Households 716
Average Family Size 3
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 0.97% 0.63%
Households 1.0% 0.68%
Families 0.98% 0.5%
Median Household Income   1.16%
Per Capita Income   2.04%
Owner Occupied HU   0.42%

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Charleston, AR - Peer Comparisons by Rank and Percentile

The table below compares Charleston 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 # 119 78th
Population Density # 166 69th
Median Household Income # 186 66th
Housing Affordability Index # 374 69th
Per Capita Income # 312 42nd
Diversity Index # 332 39th

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

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