Hatfield, AR Profile: Facts & Data

The primary coordinate point for Hatfield is located at latitude 34.4857 and longitude -94.3785 in Polk County. The formal boundaries for the Town of Hatfield encompass a land area of 1.31 sq. miles and a water area of 0.02 sq. miles. Polk County is in the Central time zone (GMT -6). The elevation is 978 feet.

The Town of Hatfield 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.

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

POPULATION
Total Population	334 (100%)
Population in Households	334 (100.0%)
Population in Families	284 (85.0%)
Population in Group Quarters¹	0
Population Density	250
Diversity Index²	24


INCOME
Median Household Income	$36,956
Average Household Income	$54,084
% of Income for Mortgage⁴	17%
Per Capita Income	$23,077
Wealth Index⁵	40

HOUSING
Total HU (Housing Units)	170 (100%)
Owner Occupied HU	104 (61.2%)
Renter Occupied HU	49 (28.8%)
Vacant Housing Units	17 ( 10.0%)
Median Home Value	$117,453
Average Home Value	$128,641
Housing Affordability Index³	163

HOUSEHOLDS
Total Households	153
Average Household Size	2.18
Family Households	112
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.

Hatfield, AR - Peer Comparisons by Rank and Percentile

The table below compares Hatfield 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	-1.43%	-0.30%
Households	-1.14%	-0.26%
Families		-0.18%
Median Household Income		2.68%
Per Capita Income		3.33%
Owner Occupied HU		-0.19%

Variable Description	Rank	Percentile
Total Population	# 347	45th
Population Density	# 350	44th
Median Household Income	# 495	21st
Housing Affordability Index	# 256	41st
Per Capita Income	# 483	23rd
Diversity Index	# 426	32nd

Hatfield, AR Profile: Facts & Data

Hatfield, Arkansas - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hatfield, AR - Peer Comparisons by Rank and Percentile

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