Holly Grove, AR Profile: Facts & Data

The primary coordinate point for Holly Grove is located at latitude 34.5959 and longitude -91.1998 in Monroe County. The formal boundaries for the City of Holly Grove encompass a land area of 0.74 sq. miles and a water area of 0.02 sq. miles. Monroe County is in the Central time zone (GMT -6).

The City of Holly Grove 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 Holly Grove is located within , a minor civil division (MCD) of Monroe County.

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

POPULATION
Total Population	426 (100%)
Population in Households	426 (100.0%)
Population in Families	319 (74.9%)
Population in Group Quarters¹	0
Population Density	424
Diversity Index²	49


INCOME
Median Household Income	$43,957
Average Household Income	$62,798
% of Income for Mortgage⁴	20%
Per Capita Income	$28,746
Wealth Index⁵	46
Socioeconomic Status Index⁶	Low (37.7)

HOUSING
Total HU (Housing Units)	220 (100%)
Owner Occupied HU	139 (63.2%)
Renter Occupied HU	56 (25.5%)
Vacant Housing Units	25 (11.4%)
Median Home Value	$139,583
Average Home Value	$144,964
Housing Affordability Index³	137

HOUSEHOLDS
Total Households	195
Average Household Size	2.18
Family Households	103
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.

Holly Grove, AR - Peer Comparisons by Rank and Percentile

The table below compares Holly Grove 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	-1.79%	-1.90%
Households	-0.48%	-1.26%
Families		-0.19%
Median Household Income		7.02%
Per Capita Income		3.46%
Owner Occupied HU		-0.14%

Variable Description	Rank	Percentile
Total Population	# 307	51st
Population Density	# 235	63rd
Median Household Income	# 419	33rd
Housing Affordability Index	# 381	61st
Per Capita Income	# 276	56th
Diversity Index	# 184	71st

Holly Grove, AR Profile: Facts & Data

Holly Grove, Arkansas - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Holly Grove, AR - Peer Comparisons by Rank and Percentile

Holly Grove, 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

Monroe County