Living in Bay, Arkansas
Cost of living, income, home prices, rent and demographics of Bay · Census data 2020–2024
Bay has 2,333 residents with a median age of 31.6. The median household income is $59,769 (about the same as the Arkansas median), the median home value is $118,400, the median rent is $1,028/month.
Bay at a glance
- Population
- 2,333
- Median age
- 31.6State: 38.5
- Median household income
- $59,769State: $60,773
- Median home value
- $118,400State: $188,000
- Median rent
- $1,028/moState: $947
- Homeowners
- 47.8%
- Bachelor's degree or higher
- 13.6%
- Average commute
- 17 min
Is Bay a good place to live?
Pros: Home values 37% lower than the state median; an average commute of 17 minutes; unemployment of 2.1%; a poverty rate of 14.8%.
Cons: Median household income about the same as the Arkansas median.
The weather is best in April–May and September–October.
Cost of living in Bay
Housing is the biggest part of the cost of living. In Bay the median home value is $118,400, 64% lower than the U.S. median. Renters pay a median of $1,028 per month, which is 21.1% of household income. Homeowners with a mortgage pay $1,088 a month in housing costs.
Bay median household income
The median household income in Bay is $59,769 and the income per person is $22,544. 14.8% of residents live below the poverty line (Arkansas: 16%).
Housing in Bay: homes for sale and rent
- Housing units
- 912
- Owner-occupied
- 47.8%
- Renter-occupied
- 52.2%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.68
Bay demographics
- Population
- 2,333
- Median age
- 31.6
- Under 18
- 33.6%
- 65 and older
- 11.7%
- Households
- 871
- Foreign-born
- 1%
- Veterans
- 10.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Bay ›
Education in Bay
13.6% of adults 25 and older in Bay have a bachelor's degree or higher (Arkansas: 25.7%), and 5.6% have a graduate or professional degree.
Jobs and commute in Bay
- Unemployment rate
- 2.1%State: 4.9%
- Average commute
- 17 minState: 23 min
- Work from home
- 6.9%
- Drive alone
- 83.2%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 88.9%
Bay vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bay | 2,333 | $59,769 | $118,400 | $1,028 |
| Trumann | 7,410 | $38,881 | $112,300 | $586 |
| Lake City | 2,531 | $60,273 | $152,000 | $854 |
| Jonesboro | 80,137 | $55,424 | $223,200 | $956 |
| Brookland | 4,377 | $57,308 | $169,200 | $1,008 |
| Black Oak | 179 | $54,643 | $68,400 | $850 |
| Caraway | 1,087 | $38,558 | $85,900 | $603 |
| Payneway | 133 | $37,969 | — | $656 |
| Monette | 1,251 | $54,167 | $114,200 | $583 |
More for people moving to Bay
Bay ZIP code ›Weather and climate ›Living in Bay: FAQ
What is the median household income in Bay, AR?
The median household income in Bay is $59,769, about the same as the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Bay?
The median home value in Bay is $118,400, compared with $188,000 in Arkansas.
How much is rent in Bay?
The median gross rent in Bay is $1,028 per month, about 21.1% of household income.
Is Bay, AR a good place to live?
Pluses: home values 37% lower than the state median; an average commute of 17 minutes; unemployment of 2.1%; a poverty rate of 14.8%. Minuses: median household income about the same as the Arkansas median.
What is the median age in Bay?
The median age in Bay is 31.6 years (Arkansas: 38.5).
How long is the commute in Bay?
The average commute to work in Bay is 17 minutes; 6.9% of workers work from home.
What is the unemployment rate in Bay?
The unemployment rate in Bay is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bay?
13.6% of adults in Bay have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: