Ravenden Springs, AR Profile: Facts & Data

The Town of Ravenden Springs had a population of 123 as of July 1, 2024. Ravenden Springs ranks in the lower quartile for Population Density and 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 Ravenden Springs is located at latitude 36.3165 and longitude -91.2226 in Randolph County. The formal boundaries for the Town of Ravenden Springs encompass a land area of 1.14 sq. miles and a water area of 0 sq. miles. Randolph County is in the Central time zone (GMT -6).

The Town of Ravenden 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.

The Town of Ravenden Springs is located within , a minor civil division (MCD) of Randolph County.

Ravenden Springs, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	123 (100%)
Population in Households	123 (100.0%)
Population in Families	113 (91.9%)
Population in Group Quarters¹	0
Population Density	106
Diversity Index²	9


INCOME
Median Household Income	$29,324
Average Household Income	$56,315
% of Income for Mortgage⁴	0%
Per Capita Income	$26,555
Wealth Index⁵	51
Socioeconomic Status Index⁶	Moderate (53.4)

HOUSING
Total HU (Housing Units)	77 (100%)
Owner Occupied HU	48 (62.3%)
Renter Occupied HU	10 (13.0%)
Vacant Housing Units	19 (24.7%)
Median Home Value	$133,333
Average Home Value	$166,146
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	58
Average Household Size	2.12
Family Households	50
Average Family Size	2.00

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.
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.

Ravenden Springs, AR - Peer Comparisons by Rank and Percentile

The table below compares Ravenden Springs to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	0.78%	0.16%
Households	-0.40%	0.00%
Families		-3.89%
Median Household Income		0.06%
Per Capita Income		2.57%
Owner Occupied HU		-3.10%

Variable Description	Rank	Percentile
Total Population	# 508	19th
Population Density	# 500	20th
Median Household Income	# 601	4th
Housing Affordability Index	# 78	12th
Per Capita Income	# 366	42nd
Diversity Index	# 615	2nd

Ravenden Springs, AR Profile: Facts & Data

Ravenden Springs, Arkansas - Basic Facts

Ravenden Springs, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ravenden Springs, AR - Peer Comparisons by Rank and Percentile

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