Living in Fairfield Bay, Arkansas
Cost of living, income, home prices, rent and demographics of Fairfield Bay · Census data 2020–2024
Fairfield Bay has 2,515 residents with a median age of 68.4. The median household income is $56,594 (7% lower than the Arkansas median), the median home value is $164,800, the median rent is $838/month.
Fairfield Bay at a glance
- Population
- 2,515
- Median age
- 68.4State: 38.5
- Median household income
- $56,594State: $60,773
- Median home value
- $164,800State: $188,000
- Median rent
- $838/moState: $947
- Homeowners
- 87%
- Bachelor's degree or higher
- 30.1%
- Average commute
- 28 min
Is Fairfield Bay a good place to live?
Pros: Home values 12% lower than the state median; unemployment of 4%; a poverty rate of 11.4%.
Cons: Median household income 7% lower than the Arkansas median; an average commute of 28 minutes.
The weather is best in April–May and September–October.
Cost of living in Fairfield Bay
Housing is the biggest part of the cost of living. In Fairfield Bay the median home value is $164,800, 50% lower than the U.S. median. Renters pay a median of $838 per month, which is 51% of household income. Homeowners with a mortgage pay $1,268 a month in housing costs.
Fairfield Bay median household income
The median household income in Fairfield Bay is $56,594 and the income per person is $43,805. 11.4% of residents live below the poverty line (Arkansas: 16%).
Housing in Fairfield Bay: homes for sale and rent
- Housing units
- 2,068
- Owner-occupied
- 87%
- Renter-occupied
- 13%
- Vacant
- 26.3%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 1.63
Fairfield Bay demographics
- Population
- 2,515
- Median age
- 68.4
- Under 18
- 6.4%
- 65 and older
- 58.7%
- Households
- 1,525
- Foreign-born
- 4.2%
- Veterans
- 18.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Fairfield Bay ›
Education in Fairfield Bay
30.1% of adults 25 and older in Fairfield Bay have a bachelor's degree or higher (Arkansas: 25.7%), and 8.2% have a graduate or professional degree.
Jobs and commute in Fairfield Bay
- Unemployment rate
- 4%State: 4.9%
- Average commute
- 28 minState: 23 min
- Work from home
- 15.6%
- Drive alone
- 72%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 84.2%
Fairfield Bay vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fairfield Bay | 2,515 | $56,594 | $164,800 | $838 |
| Shirley | 269 | $37,344 | $103,100 | — |
| Higden | 182 | $59,479 | $219,300 | — |
| Greers Ferry | 778 | $57,235 | $207,000 | $911 |
| Clinton | 2,509 | $42,946 | $126,800 | $712 |
| Bee Branch | 196 | $76,205 | $136,400 | — |
| Fox | 381 | $117,857 | $68,400 | — |
| Heber Springs | 7,161 | $50,636 | $176,300 | $847 |
| Quitman | 805 | $35,156 | $110,600 | $652 |
More for people moving to Fairfield Bay
Fairfield Bay ZIP code ›Weather and climate ›Living in Fairfield Bay: FAQ
What is the median household income in Fairfield Bay, AR?
The median household income in Fairfield Bay is $56,594, 7% lower 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 Fairfield Bay?
The median home value in Fairfield Bay is $164,800, compared with $188,000 in Arkansas.
How much is rent in Fairfield Bay?
The median gross rent in Fairfield Bay is $838 per month, about 51% of household income.
Is Fairfield Bay, AR a good place to live?
Pluses: home values 12% lower than the state median; unemployment of 4%; a poverty rate of 11.4%. Minuses: median household income 7% lower than the Arkansas median; an average commute of 28 minutes.
What is the median age in Fairfield Bay?
The median age in Fairfield Bay is 68.4 years (Arkansas: 38.5).
How long is the commute in Fairfield Bay?
The average commute to work in Fairfield Bay is 28 minutes; 15.6% of workers work from home.
What is the unemployment rate in Fairfield Bay?
The unemployment rate in Fairfield Bay is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fairfield Bay?
30.1% of adults in Fairfield 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.
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