Living in Gassville, Arkansas

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

Gassville has 1,850 residents with a median age of 38.4. The median household income is $38,750 (36% lower than the Arkansas median), the median home value is $142,700, the median rent is $739/month.

Gassville at a glance

Population
1,850
Median age
38.4State: 38.5
Median household income
$38,750State: $60,773
Median home value
$142,700State: $188,000
Median rent
$739/moState: $947
Homeowners
66.3%
Bachelor's degree or higher
11.3%
Average commute
15 min

Is Gassville a good place to live?

Pros: Home values 24% lower than the state median; an average commute of 15 minutes.

Cons: Median household income 36% lower than the Arkansas median; unemployment of 8.4%; a poverty rate of 17.8%.

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

Cost of living in Gassville

Housing is the biggest part of the cost of living. In Gassville the median home value is $142,700, 57% lower than the U.S. median. Renters pay a median of $739 per month, which is 23.5% of household income. Homeowners with a mortgage pay $934 a month in housing costs.

Median home value

Gassville$142,700
Arkansas$188,000
United States$332,700

Median monthly rent

Gassville$739
Arkansas$947
United States$1,413

Gassville median household income

The median household income in Gassville is $38,750 and the income per person is $21,885. 17.8% of residents live below the poverty line (Arkansas: 16%).

Median household income

Gassville$38,750
Arkansas$60,773
United States$80,734

Housing in Gassville: homes for sale and rent

Housing units
914
Owner-occupied
66.3%
Renter-occupied
33.7%
Vacant
15.2%Includes seasonal homes
Median year built
1983
Average household size
2.30

Gassville demographics

Population
1,850
Median age
38.4
Under 18
26.2%
65 and older
21.2%
Households
775
Foreign-born
1.3%
Veterans
4.3%Adults 18+

Race and ethnicity

White92.3%
Hispanic or Latino2.8%
Black0.5%
Asian0.2%

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

Education in Gassville

11.3% of adults 25 and older in Gassville have a bachelor's degree or higher (Arkansas: 25.7%), and 3.5% have a graduate or professional degree.

Bachelor's degree or higher

Gassville11.3%
Arkansas25.7%
United States35.7%

Jobs and commute in Gassville

Unemployment rate
8.4%State: 4.9%
Average commute
15 minState: 23 min
Work from home
4.3%
Drive alone
79.9%
Public transit
0%
Walk to work
0%
Homes with broadband
87.2%

Gassville vs nearby towns

TownPopulationMedian incomeHome valueRent
Gassville1,850$38,750$142,700$739
Cotter1,063$35,792$193,100$800
Flippin1,334$43,555$113,800$792
Mountain Home13,108$41,274$169,800$865
Lakeview851$66,786$215,700$675
Midway1,279$30,750$147,300$1,035
Bull Shoals1,678$41,976$158,100$715
Briarcliff257$61,875$192,500$854
Yellville1,223$37,813$117,300$775

More for people moving to Gassville

Gassville ZIP code ›Weather and climate ›

Living in Gassville: FAQ

What is the median household income in Gassville, AR?

The median household income in Gassville is $38,750, 36% 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 Gassville?

The median home value in Gassville is $142,700, compared with $188,000 in Arkansas.

How much is rent in Gassville?

The median gross rent in Gassville is $739 per month, about 23.5% of household income.

Is Gassville, AR a good place to live?

Pluses: home values 24% lower than the state median; an average commute of 15 minutes. Minuses: median household income 36% lower than the Arkansas median; unemployment of 8.4%; a poverty rate of 17.8%.

What is the median age in Gassville?

The median age in Gassville is 38.4 years (Arkansas: 38.5).

How long is the commute in Gassville?

The average commute to work in Gassville is 15 minutes; 4.3% of workers work from home.

What is the unemployment rate in Gassville?

The unemployment rate in Gassville is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gassville?

11.3% of adults in Gassville 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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