Bassett, AR Profile: Facts & Data

The primary coordinate point for Bassett is located at latitude 35.5365 and longitude -90.1268 in Mississippi County. The formal boundaries for the Town of Bassett encompass a land area of 0.24 sq. miles and a water area of 0 sq. miles. Mississippi County is in the Central time zone (GMT -6).

The Town of Bassett 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 Bassett is located within , a minor civil division (MCD) of Mississippi County.

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

POPULATION
Total Population	116 (100%)
Population in Households	116 (100.0%)
Population in Families	89 (76.7%)
Population in Group Quarters¹	0
Population Density	474
Diversity Index²	52


INCOME
Median Household Income	$45,963
Average Household Income	$65,728
% of Income for Mortgage⁴	0%
Per Capita Income	$30,031
Wealth Index⁵	52
Socioeconomic Status Index⁶	Low (40.2)

HOUSING
Total HU (Housing Units)	67 (100%)
Owner Occupied HU	35 (52.2%)
Renter Occupied HU	18 (26.9%)
Vacant Housing Units	14 (20.9%)
Median Home Value	$135,000
Average Home Value	$182,143
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	53
Average Household Size	2.19
Family Households	29
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.
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.

Bassett, AR - Peer Comparisons by Rank and Percentile

The table below compares Bassett 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	-1.56%	-1.24%
Households	-0.44%	-0.77%
Families		1.34%
Median Household Income		-2.56%
Per Capita Income		3.09%
Owner Occupied HU		0.57%

Variable Description	Rank	Percentile
Total Population	# 516	18th
Population Density	# 212	66th
Median Household Income	# 396	37th
Housing Affordability Index	# 47	8th
Per Capita Income	# 227	64th
Diversity Index	# 165	74th

Bassett, AR Profile: Facts & Data

Bassett, Arkansas - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bassett, AR - Peer Comparisons by Rank and Percentile

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