Walnut Ridge, AR Profile: Facts & Data

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Walnut Ridge, Arkansas - Basic Facts

The City of Walnut Ridge had a population of 5,430 as of July 1, 2023.

The primary coordinate point for Walnut Ridge is located at latitude 36.0684 and longitude -90.956 in Lawrence County. The formal boundaries for the City of Walnut Ridge encompass a land area of 16.01 sq. miles and a water area of 0 sq. miles. Lawrence County is in the Central time zone (GMT -6).

The City of Walnut Ridge 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 Walnut Ridge is located within Township of Campbell (historical), a minor civil division (MCD) of Lawrence County.


Jump to... (On This Page!)
  1. Walnut Ridge 2023 Demographic Data
  2. Growth Rates for Walnut Ridge (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 - 2023 Demographics
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Walnut Ridge, AR Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 5,430 (100%)
Population in Households 4,836 (89.1%)
Population in Families 3,809 (70.1%)
Population in Group Quarters1 594 (10.9%)
Population Density 326
Diversity Index2 25
 
 

INCOME

Median Household Income $48,615
Average Household Income $65,711
% of Income for Mortgage4 12%
Per Capita Income $25,242
Wealth Index5 44
Socioeconomic Status Index6 Moderate (45.6)
 

HOUSING

Total HU (Housing Units) 2,325 (100%)
Owner Occupied HU 1,182 (50.8%)
Renter Occupied HU 891 (38.3%)
Vacant Housing Units 252 (10.8%)
Median Home Value $100,365
Average Home Value $125,740
Housing Affordability Index3 207
 

HOUSEHOLDS

Total Households 2,073
Average Household Size 2.33
Family Households 1,284
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

2020-2023 2023-2028
Population 0.26% 0.08%
Households 0.57% 0.17%
Families   0.08%
Median Household Income   2.73%
Per Capita Income   2.60%
Owner Occupied HU   0.08%

Walnut Ridge, AR - Peer Comparisons by Rank and Percentile

The table below compares Walnut Ridge to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2023 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 # 66 90th
Population Density # 294 53rd
Median Household Income # 304 52nd
Housing Affordability Index # 526 84th
Per Capita Income # 375 40th
Diversity Index # 438 30th

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

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