Living in Gum Springs, Arkansas
Cost of living, income, home prices, rent and demographics of Gum Springs · Census data 2020–2024
Gum Springs has 55 residents with a median age of 50.3. The median household income is $48,333 (20% lower than the Arkansas median), the median home value is $68,300.
Gum Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Gum Springs at a glance
- Population
- 55
- Median age
- 50.3State: 38.5
- Median household income
- $48,333State: $60,773
- Median home value
- $68,300State: $188,000
- Homeowners
- 60%
- Bachelor's degree or higher
- 34.9%
- Average commute
- 14 min
Is Gum Springs a good place to live?
Pros: Home values 64% lower than the state median; an average commute of 14 minutes.
Cons: Median household income 20% lower than the Arkansas median; unemployment of 28.6%.
The weather is best in April–May and September–October.
Cost of living in Gum Springs
Housing is the biggest part of the cost of living. In Gum Springs the median home value is $68,300, 79% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,042 a month in housing costs.
Gum Springs median household income
The median household income in Gum Springs is $48,333 and the income per person is $27,780. 0% of residents live below the poverty line (Arkansas: 16%).
Housing in Gum Springs: homes for sale and rent
- Housing units
- 54
- Owner-occupied
- 60%
- Renter-occupied
- 40%
- Vacant
- 44.4%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.83
44.4% of homes are vacant most of the year, a sign that Gum Springs has many vacation and second homes.
Gum Springs demographics
- Population
- 55
- Median age
- 50.3
- Under 18
- 20%
- 65 and older
- 27.3%
- Households
- 30
- Foreign-born
- 0%
- Veterans
- 6.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Gum Springs ›
Education in Gum Springs
34.9% of adults 25 and older in Gum Springs have a bachelor's degree or higher (Arkansas: 25.7%), and 18.6% have a graduate or professional degree.
Jobs and commute in Gum Springs
- Unemployment rate
- 28.6%State: 4.9%
- Average commute
- 14 minState: 23 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.7%
Gum Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Gum Springs | 55 | $48,333 | $68,300 | — |
| Arkadelphia | 10,099 | $48,657 | $179,300 | $814 |
| Caddo Valley | 775 | $67,679 | $119,900 | $760 |
| Gurdon | 1,625 | $47,587 | $111,600 | $698 |
| Friendship | 168 | $55,625 | $163,800 | $694 |
| Okolona | 287 | $72,917 | $93,800 | — |
| Midway | 728 | $96,250 | $160,400 | — |
| Donaldson | 377 | $66,250 | $85,000 | $924 |
| Sparkman | 430 | $39,063 | $74,300 | $539 |
More for people moving to Gum Springs
Gum Springs ZIP code ›Weather and climate ›Living in Gum Springs: FAQ
What is the median household income in Gum Springs, AR?
The median household income in Gum Springs is $48,333, 20% 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 Gum Springs?
The median home value in Gum Springs is $68,300, compared with $188,000 in Arkansas.
Is Gum Springs, AR a good place to live?
Pluses: home values 64% lower than the state median; an average commute of 14 minutes. Minuses: median household income 20% lower than the Arkansas median; unemployment of 28.6%.
What is the median age in Gum Springs?
The median age in Gum Springs is 50.3 years (Arkansas: 38.5).
How long is the commute in Gum Springs?
The average commute to work in Gum Springs is 14 minutes; 0% of workers work from home.
What is the unemployment rate in Gum Springs?
The unemployment rate in Gum Springs is 28.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Gum Springs?
34.9% of adults in Gum 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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