Living in Parkin, Arkansas
Cost of living, income, home prices, rent and demographics of Parkin · Census data 2020–2024
Parkin has 694 residents with a median age of 55.1. The median household income is $23,942 (61% lower than the Arkansas median), the median home value is $43,500, the median rent is $512/month.
Parkin is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parkin at a glance
- Population
- 694
- Median age
- 55.1State: 38.5
- Median household income
- $23,942State: $60,773
- Median home value
- $43,500State: $188,000
- Median rent
- $512/moState: $947
- Homeowners
- 57.2%
- Bachelor's degree or higher
- 3%
- Average commute
- 25 min
Is Parkin a good place to live?
Pros: Home values 77% lower than the state median.
Cons: Median household income 61% lower than the Arkansas median; an average commute of 25 minutes; unemployment of 20.8%; a poverty rate of 22.6%.
The weather is best in April–May and September–October.
Cost of living in Parkin
Housing is the biggest part of the cost of living. In Parkin the median home value is $43,500, 87% lower than the U.S. median. Renters pay a median of $512 per month, which is 31.3% of household income. Homeowners with a mortgage pay $687 a month in housing costs.
Parkin median household income
The median household income in Parkin is $23,942 and the income per person is $19,754. 22.6% of residents live below the poverty line (Arkansas: 16%).
Housing in Parkin: homes for sale and rent
- Housing units
- 476
- Owner-occupied
- 57.2%
- Renter-occupied
- 42.8%
- Vacant
- 22.9%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 1.89
Parkin demographics
- Population
- 694
- Median age
- 55.1
- Under 18
- 18.4%
- 65 and older
- 31.1%
- Households
- 367
- Foreign-born
- 0%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Parkin ›
Education in Parkin
3% of adults 25 and older in Parkin have a bachelor's degree or higher (Arkansas: 25.7%), and 0% have a graduate or professional degree.
Jobs and commute in Parkin
- Unemployment rate
- 20.8%State: 4.9%
- Average commute
- 25 minState: 23 min
- Work from home
- 0%
- Drive alone
- 86.1%
- Public transit
- 4.3%
- Walk to work
- 0%
- Homes with broadband
- 69.8%
Parkin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parkin | 694 | $23,942 | $43,500 | $512 |
| Earle | 1,520 | $32,197 | $87,900 | $583 |
| Crawfordsville | 424 | $83,500 | $153,600 | $900 |
| Wynne | 8,120 | $43,250 | $141,100 | $760 |
| Cherry Valley | 543 | $31,563 | $77,500 | $538 |
| Colt | 510 | $22,188 | $93,800 | $711 |
| Edmondson | 308 | $30,000 | $137,500 | $624 |
| Turrell | 496 | $55,000 | $67,900 | $867 |
| Widener | 238 | $45,938 | $41,800 | $563 |
More for people moving to Parkin
Parkin ZIP code ›Weather and climate ›Living in Parkin: FAQ
What is the median household income in Parkin, AR?
The median household income in Parkin is $23,942, 61% 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 Parkin?
The median home value in Parkin is $43,500, compared with $188,000 in Arkansas.
How much is rent in Parkin?
The median gross rent in Parkin is $512 per month, about 31.3% of household income.
Is Parkin, AR a good place to live?
Pluses: home values 77% lower than the state median. Minuses: median household income 61% lower than the Arkansas median; an average commute of 25 minutes; unemployment of 20.8%; a poverty rate of 22.6%.
What is the median age in Parkin?
The median age in Parkin is 55.1 years (Arkansas: 38.5).
How long is the commute in Parkin?
The average commute to work in Parkin is 25 minutes; 0% of workers work from home.
What is the unemployment rate in Parkin?
The unemployment rate in Parkin is 20.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parkin?
3% of adults in Parkin 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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