Fairfield Bay, AR Profile: Facts & Data

The City of Fairfield Bay had a population of 2,034 as of July 1, 2024. Fairfield Bay 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 Fairfield Bay is located at latitude 35.5942 and longitude -92.2779 in Van Buren County. The formal boundaries for the City of Fairfield Bay encompass a land area of 15.27 sq. miles and a water area of 0.05 sq. miles. Van Buren County is in the Central time zone (GMT -6).

While the primary coordinates for City of Fairfield Bay are located in Van Buren County, it should be noted that the formal boundaries for this community also extend into and Cleburne County.

The City of Fairfield Bay 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 City of Fairfield Bay is located within , a minor civil division (MCD) of Van Buren County.

Fairfield Bay, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,034 (100%)
Population in Households	2,005 (98.6%)
Population in Families	1,494 (73.5%)
Population in Group Quarters¹	29 ( 1.4%)
Population Density	135
Diversity Index²	17


INCOME
Median Household Income	$50,848
Average Household Income	$64,286
% of Income for Mortgage⁴	19%
Per Capita Income	$35,553
Wealth Index⁵	58
Socioeconomic Status Index⁶	Moderate (59.3)

HOUSING
Total HU (Housing Units)	1,830 (100%)
Owner Occupied HU	958 (52.3%)
Renter Occupied HU	166 ( 9.1%)
Vacant Housing Units	706 (38.6%)
Median Home Value	$155,530
Average Home Value	$189,588
Housing Affordability Index³	135

HOUSEHOLDS
Total Households	1,124
Average Household Size	1.78
Family Households	651
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.

Fairfield Bay, AR - Peer Comparisons by Rank and Percentile

The table below compares Fairfield Bay 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	-0.84%	-0.47%
Households	-0.15%	0.04%
Families		-0.47%
Median Household Income		1.15%
Per Capita Income		2.13%
Owner Occupied HU		-0.21%

Variable Description	Rank	Percentile
Total Population	# 140	78th
Population Density	# 456	27th
Median Household Income	# 318	49th
Housing Affordability Index	# 369	59th
Per Capita Income	# 100	84th
Diversity Index	# 552	12th

Fairfield Bay, AR Profile: Facts & Data

Fairfield Bay, Arkansas - Basic Facts

Fairfield Bay, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fairfield Bay, AR - Peer Comparisons by Rank and Percentile

Fairfield Bay, AR - Most Popular Things to Do

Use HTL Address Research for a Arkansas Address and get...

Quick & Easy Ways to...

Arkansas Census Data Comparison Tool

Van Buren County