Black Springs, AR Profile: Facts & Data

The primary coordinate point for Black Springs is located at latitude 34.4612 and longitude -93.7127 in Montgomery County. The formal boundaries for the Town of Black Springs encompass a land area of 0.44 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Central time zone (GMT -6). The elevation is 774 feet.

The Town of Black Springs 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.

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

POPULATION
Total Population	91 (100%)
Population in Households	91 (100.0%)
Population in Families	74 (81.3%)
Population in Group Quarters¹	0
Population Density	204
Diversity Index²	33


INCOME
Median Household Income	$35,000
Average Household Income	$43,411
% of Income for Mortgage⁴	0%
Per Capita Income	$19,067
Wealth Index⁵	29

HOUSING
Total HU (Housing Units)	37 (100%)
Owner Occupied HU	23 (62.2%)
Renter Occupied HU	5 (13.5%)
Vacant Housing Units	8 (21.6%)
Median Home Value	$95,000
Average Home Value	$101,087
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	29
Average Household Size	3.14
Family Households	19
Average Family Size	4.00

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.

Black Springs, AR - Peer Comparisons by Rank and Percentile

The table below compares Black Springs 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	-2.35%	-0.89%
Households	-1.50%	-0.70%
Families		0.00%
Median Household Income		3.50%
Per Capita Income		2.53%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 555	11th
Population Density	# 390	38th
Median Household Income	# 528	15th
Housing Affordability Index	# 144	23rd
Per Capita Income	# 583	7th
Diversity Index	# 316	50th

Black Springs, AR Profile: Facts & Data

Black Springs, Arkansas - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Black Springs, AR - Peer Comparisons by Rank and Percentile

Black Springs, AR - Most Popular Things to Do

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