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Maynard, AR Profile: Facts & Data

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Maynard, Arkansas - Basic Facts

The Town of Maynard had a population of 377 as of July 1, 2023. Maynard ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Maynard is located at latitude 36.4198 and longitude -90.8973 in Randolph County. The formal boundaries for the Town of Maynard encompass a land area of 1.12 sq. miles and a water area of 0 sq. miles. Randolph County is in the Central time zone (GMT -6).

The Town of Maynard 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 Town of Maynard is located within Township of Richardson, a minor civil division (MCD) of Randolph County.


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

POPULATION

Total Population 377 (100%)
Population in Households 377 (100.0%)
Population in Families 309 (82.0%)
Population in Group Quarters1 0
Population Density 322
Diversity Index2 10
 
 

INCOME

Median Household Income $39,049
Average Household Income $51,205
% of Income for Mortgage4 12%
Per Capita Income $23,497
Wealth Index5 34
Socioeconomic Status Index6 Moderate (50.2)
 

HOUSING

Total HU (Housing Units) 200 (100%)
Owner Occupied HU 134 (67.0%)
Renter Occupied HU 39 (19.5%)
Vacant Housing Units 27 (13.5%)
Median Home Value $75,806
Average Home Value $92,164
Housing Affordability Index3 223
 

HOUSEHOLDS

Total Households 173
Average Household Size 2.18
Family Households 116
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 -0.16% 0.05%
Households -0.70% 0.12%
Families   -0.52%
Median Household Income   0.30%
Per Capita Income   1.77%
Owner Occupied HU   0.00%

Maynard, AR - Peer Comparisons by Rank and Percentile

The table below compares Maynard 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 # 333 47th
Population Density # 299 52nd
Median Household Income # 470 25th
Housing Affordability Index # 544 87th
Per Capita Income # 460 27th
Diversity Index # 613 2nd

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

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