Living in Central City, Arkansas

Cost of living, income, home prices, rent and demographics of Central City · Census data 2020–2024

Central City has 627 residents with a median age of 41.1. The median household income is $69,583 (14% higher than the Arkansas median), the median home value is $134,700, the median rent is $1,141/month.

Central City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Central City at a glance

Population
627
Median age
41.1State: 38.5
Median household income
$69,583State: $60,773
Median home value
$134,700State: $188,000
Median rent
$1,141/moState: $947
Homeowners
90.4%
Bachelor's degree or higher
12.4%
Average commute
18 min

Is Central City a good place to live?

Pros: Median household income 14% higher than the Arkansas median; home values 28% lower than the state median; an average commute of 18 minutes; a poverty rate of 11.1%.

Cons: Unemployment of 5.7%.

The weather is best in April–May and September–October.

Cost of living in Central City

Housing is the biggest part of the cost of living. In Central City the median home value is $134,700, 60% lower than the U.S. median. Renters pay a median of $1,141 per month, which is 31.9% of household income. Homeowners with a mortgage pay $1,186 a month in housing costs.

Median home value

Central City$134,700
Arkansas$188,000
United States$332,700

Median monthly rent

Central City$1,141
Arkansas$947
United States$1,413

Central City median household income

The median household income in Central City is $69,583 and the income per person is $30,518. 11.1% of residents live below the poverty line (Arkansas: 16%).

Median household income

Central City$69,583
Arkansas$60,773
United States$80,734

Housing in Central City: homes for sale and rent

Housing units
220
Owner-occupied
90.4%
Renter-occupied
9.6%
Vacant
0.9%Includes seasonal homes
Median year built
1991
Average household size
2.88

Central City demographics

Population
627
Median age
41.1
Under 18
26.6%
65 and older
13.2%
Households
218
Foreign-born
4.1%
Veterans
17.2%Adults 18+

Race and ethnicity

White91.4%
Hispanic or Latino6.2%
Black0.5%
Asian1.4%

Hispanic or Latino can be of any race. Population history of Central City ›

Education in Central City

12.4% of adults 25 and older in Central City have a bachelor's degree or higher (Arkansas: 25.7%), and 2.1% have a graduate or professional degree.

Bachelor's degree or higher

Central City12.4%
Arkansas25.7%
United States35.7%

Jobs and commute in Central City

Unemployment rate
5.7%State: 4.9%
Average commute
18 minState: 23 min
Work from home
10.1%
Drive alone
81.3%
Public transit
0%
Walk to work
0%
Homes with broadband
82.1%

Central City vs nearby towns

TownPopulationMedian incomeHome valueRent
Central City627$69,583$134,700$1,141
Barling5,007$54,387$140,000$1,128
Lavaca2,489$80,924$162,300$923
Kibler1,085$58,500$210,100$807
Fort Smith89,805$54,816$178,100$884
Greenwood9,616$66,844$182,900$836
Van Buren23,763$61,149$181,500$847
Alma5,906$68,562$233,600$1,012
Charleston2,646$56,600$156,300$764

More for people moving to Central City

Central City ZIP code ›Weather and climate ›

Living in Central City: FAQ

What is the median household income in Central City, AR?

The median household income in Central City is $69,583, 14% higher than 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 Central City?

The median home value in Central City is $134,700, compared with $188,000 in Arkansas.

How much is rent in Central City?

The median gross rent in Central City is $1,141 per month, about 31.9% of household income.

Is Central City, AR a good place to live?

Pluses: median household income 14% higher than the Arkansas median; home values 28% lower than the state median; an average commute of 18 minutes; a poverty rate of 11.1%. Minuses: unemployment of 5.7%.

What is the median age in Central City?

The median age in Central City is 41.1 years (Arkansas: 38.5).

How long is the commute in Central City?

The average commute to work in Central City is 18 minutes; 10.1% of workers work from home.

What is the unemployment rate in Central City?

The unemployment rate in Central City is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Central City?

12.4% of adults in Central City 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.

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