Living in Elm Springs, Arkansas

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

Elm Springs has 3,069 residents with a median age of 45.7. The median household income is $131,739 (117% higher than the Arkansas median), the median home value is $460,100, the median rent is $1,321/month.

Elm Springs at a glance

Population
3,069
Median age
45.7State: 38.5
Median household income
$131,739State: $60,773
Median home value
$460,100State: $188,000
Median rent
$1,321/moState: $947
Homeowners
92.5%
Bachelor's degree or higher
41.8%
Average commute
20 min

Is Elm Springs a good place to live?

Pros: Median household income 117% higher than the Arkansas median; an average commute of 20 minutes; unemployment of 1.8%; a poverty rate of 11.3%.

Cons: Home values 145% higher than the state median.

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

Cost of living in Elm Springs

Housing is the biggest part of the cost of living. In Elm Springs the median home value is $460,100, 38% higher than the U.S. median. Renters pay a median of $1,321 per month, which is 17.8% of household income. Homeowners with a mortgage pay $2,205 a month in housing costs.

Median home value

Elm Springs$460,100
Arkansas$188,000
United States$332,700

Median monthly rent

Elm Springs$1,321
Arkansas$947
United States$1,413

Elm Springs median household income

The median household income in Elm Springs is $131,739 and the income per person is $59,584. 11.3% of residents live below the poverty line (Arkansas: 16%).

Median household income

Elm Springs$131,739
Arkansas$60,773
United States$80,734

Housing in Elm Springs: homes for sale and rent

Housing units
1,090
Owner-occupied
92.5%
Renter-occupied
7.5%
Vacant
2.9%Includes seasonal homes
Median year built
2004
Average household size
2.90

Elm Springs demographics

Population
3,069
Median age
45.7
Under 18
23.9%
65 and older
13.5%
Households
1,058
Foreign-born
3.1%
Veterans
5.8%Adults 18+

Race and ethnicity

White86.7%
Hispanic or Latino5.7%
Black0.4%
Asian2%

Hispanic or Latino can be of any race. Population history of Elm Springs ›

Education in Elm Springs

41.8% of adults 25 and older in Elm Springs have a bachelor's degree or higher (Arkansas: 25.7%), and 16.2% have a graduate or professional degree.

Bachelor's degree or higher

Elm Springs41.8%
Arkansas25.7%
United States35.7%

Jobs and commute in Elm Springs

Unemployment rate
1.8%State: 4.9%
Average commute
20 minState: 23 min
Work from home
13.7%
Drive alone
79%
Public transit
0.2%
Walk to work
0%
Homes with broadband
95.5%

Elm Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Elm Springs3,069$131,739$460,100$1,321
Tontitown6,425$85,603$430,500$1,346
Springdale88,160$69,787$261,800$1,071
Cave Springs6,008$146,473$460,300$2,222
Lowell10,849$95,527$284,200$1,136
Johnson3,656$95,844$312,900$1,104
Highfill2,191$92,596$274,300$1,423
Rogers72,981$86,728$308,200$1,270
Bentonville58,249$112,792$428,500$1,344

More for people moving to Elm Springs

Elm Springs ZIP code ›Weather and climate ›

Living in Elm Springs: FAQ

What is the median household income in Elm Springs, AR?

The median household income in Elm Springs is $131,739, 117% 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 Elm Springs?

The median home value in Elm Springs is $460,100, compared with $188,000 in Arkansas.

How much is rent in Elm Springs?

The median gross rent in Elm Springs is $1,321 per month, about 17.8% of household income.

Is Elm Springs, AR a good place to live?

Pluses: median household income 117% higher than the Arkansas median; an average commute of 20 minutes; unemployment of 1.8%; a poverty rate of 11.3%. Minuses: home values 145% higher than the state median.

What is the median age in Elm Springs?

The median age in Elm Springs is 45.7 years (Arkansas: 38.5).

How long is the commute in Elm Springs?

The average commute to work in Elm Springs is 20 minutes; 13.7% of workers work from home.

What is the unemployment rate in Elm Springs?

The unemployment rate in Elm Springs is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Elm Springs?

41.8% of adults in Elm Springs 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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