Living in Gravette, Arkansas

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

Gravette has 3,714 residents with a median age of 32.8. The median household income is $68,214 (12% higher than the Arkansas median), the median home value is $216,300, the median rent is $1,037/month.

Gravette at a glance

Population
3,714
Median age
32.8State: 38.5
Median household income
$68,214State: $60,773
Median home value
$216,300State: $188,000
Median rent
$1,037/moState: $947
Homeowners
71.3%
Bachelor's degree or higher
21.4%
Average commute
22 min

Is Gravette a good place to live?

Pros: Median household income 12% higher than the Arkansas median; an average commute of 22 minutes; unemployment of 3.5%; a poverty rate of 5.8%.

Cons: Home values 15% higher than the state median.

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

Cost of living in Gravette

Housing is the biggest part of the cost of living. In Gravette the median home value is $216,300, 35% lower than the U.S. median. Renters pay a median of $1,037 per month, which is 24.4% of household income. Homeowners with a mortgage pay $1,327 a month in housing costs.

Median home value

Gravette$216,300
Arkansas$188,000
United States$332,700

Median monthly rent

Gravette$1,037
Arkansas$947
United States$1,413

Gravette median household income

The median household income in Gravette is $68,214 and the income per person is $30,278. 5.8% of residents live below the poverty line (Arkansas: 16%).

Median household income

Gravette$68,214
Arkansas$60,773
United States$80,734

Housing in Gravette: homes for sale and rent

Housing units
1,511
Owner-occupied
71.3%
Renter-occupied
28.8%
Vacant
10%Includes seasonal homes
Median year built
1993
Average household size
2.73

Gravette demographics

Population
3,714
Median age
32.8
Under 18
26.7%
65 and older
14.9%
Households
1,360
Foreign-born
0.4%
Veterans
11%Adults 18+

Race and ethnicity

White70.2%
Hispanic or Latino1.8%
Black2.6%
Asian0%

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

Education in Gravette

21.4% of adults 25 and older in Gravette have a bachelor's degree or higher (Arkansas: 25.7%), and 8.4% have a graduate or professional degree.

Bachelor's degree or higher

Gravette21.4%
Arkansas25.7%
United States35.7%

Jobs and commute in Gravette

Unemployment rate
3.5%State: 4.9%
Average commute
22 minState: 23 min
Work from home
8.2%
Drive alone
78.8%
Public transit
0%
Walk to work
0.6%
Homes with broadband
83.6%

Gravette vs nearby towns

TownPopulationMedian incomeHome valueRent
Gravette3,714$68,214$216,300$1,037
Bella Vista31,697$88,055$296,700$1,395
Sulphur Springs499$41,324$133,300$959
Centerton21,920$115,713$338,500$1,465
Decatur1,567$45,179$157,600$813
Jane292$46,250$214,300$880
Bentonville58,249$112,792$428,500$1,344
Pineville736$30,978$213,100$640
Noel1,913$41,483$122,400$641

More for people moving to Gravette

Gravette ZIP code ›Weather and climate ›

Living in Gravette: FAQ

What is the median household income in Gravette, AR?

The median household income in Gravette is $68,214, 12% 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 Gravette?

The median home value in Gravette is $216,300, compared with $188,000 in Arkansas.

How much is rent in Gravette?

The median gross rent in Gravette is $1,037 per month, about 24.4% of household income.

Is Gravette, AR a good place to live?

Pluses: median household income 12% higher than the Arkansas median; an average commute of 22 minutes; unemployment of 3.5%; a poverty rate of 5.8%. Minuses: home values 15% higher than the state median.

What is the median age in Gravette?

The median age in Gravette is 32.8 years (Arkansas: 38.5).

How long is the commute in Gravette?

The average commute to work in Gravette is 22 minutes; 8.2% of workers work from home.

What is the unemployment rate in Gravette?

The unemployment rate in Gravette is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Gravette?

21.4% of adults in Gravette 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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