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Sweet Home, AR Profile: Facts & Data

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Sweet Home, Arkansas - Basic Facts

The Sweet Home Census Designated Place had a population of 793 as of July 1, 2020. Sweet Home 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 Sweet Home is located at latitude 34.6865 and longitude -92.2424 in Pulaski County. The formal boundaries for the Sweet Home Census Designated Place encompass a land area of 3.89 sq. miles and a water area of 0.18 sq. miles. Pulaski County is in the Central time zone (GMT -6). The elevation is 272 feet.

The Sweet Home Census Designated Place (GNIS ID: 2402909) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Sweet Home Census Designated Place is located within Township of Big Rock, a minor civil division (MCD) of Pulaski County.


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

POPULATION

Total Population 793 (100%)
Population in Households 777 (98.0%)
Population in Families 644 (81.2%)
Population in Group Quarters1 16 ( 2.0%)
Population Density 204
Diversity Index2 35
 
 

INCOME

Median Household Income $31,320
Average Household Income $44,380
% of Income for Mortgage4 11%
Per Capita Income $17,699
Wealth Index5 38
 

HOUSING

Total HU (Housing Units) 445 (100%)
Owner Occupied HU 236 (53.0%)
Renter Occupied HU 97 (21.8%)
Vacant Housing Units 111 (24.9%)
Median Home Value $84,836
Average Home Value $139,619
Housing Affordability Index3 235
 

HOUSEHOLDS

Total Households 334
Average Household Size 2.33
Family Households 223
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 -0.66% -0.46%
Households -0.54% -0.48%
Families -0.26% -0.64%
Median Household Income   2.45%
Per Capita Income   2.46%
Owner Occupied HU   -0.43%

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Sweet Home, AR - Peer Comparisons by Rank and Percentile

The table below compares Sweet Home 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 # 233 57th
Population Density # 411 24th
Median Household Income # 468 14th
Housing Affordability Index # 253 47th
Per Capita Income # 472 13th
Diversity Index # 249 54th

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

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