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.
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%).
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+
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.
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
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gravette | 3,714 | $68,214 | $216,300 | $1,037 |
| Bella Vista | 31,697 | $88,055 | $296,700 | $1,395 |
| Sulphur Springs | 499 | $41,324 | $133,300 | $959 |
| Centerton | 21,920 | $115,713 | $338,500 | $1,465 |
| Decatur | 1,567 | $45,179 | $157,600 | $813 |
| Jane | 292 | $46,250 | $214,300 | $880 |
| Bentonville | 58,249 | $112,792 | $428,500 | $1,344 |
| Pineville | 736 | $30,978 | $213,100 | $640 |
| Noel | 1,913 | $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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