Bassett, AR
Population 121 · Arkansas
About Bassett, AR
Bassett is a small community located in Arkansas with a population of 121 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,750 per year, which is 27% below the national median of $75,149. The median age of 46.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bassett features a median home value of $72,200, which is 71% below the national median of $244,900. This makes Bassett one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $635, 45% below the national average of $1,163/month. Of the 53 total housing units, 84% are owner-occupied (38 units) and 16% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bassett shows an unemployment rate of 7.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bassett have an average one-way commute time of 25.8 minutes.
Education & Demographics
3.4% of Bassett residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 10.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bassett, AR
Compared to national averages, Bassett has a median household income of $54,750 (27% below the national median of $75,149). Home values average $72,200, which is 71% below the national median. Monthly rent at $635 is 45% below the US average of $1,163. Within Arkansas, Bassett's income is 5% above the state average of $52,241, and home values are 42% below the state median of $125,457.
Why Live in Bassett, AR?
Bassett offers affordable housing with a median home value of $72,200, below the US average of $244,900, and rent that’s lower than the national average at $635/month, and a low poverty rate of 4.1%, better than the national average.
Potential considerations include median household income ($54,750) that falls below the national average. However, Bassett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bassett has a population of 121 with a median age of 46.3 years. Compare Bassett with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Bassett
Cities in Arkansas with a similar population size.
Demographics
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Economy & Education
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Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bassett
What is the population of Bassett, AR?
The population of Bassett, AR is 121 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Bassett?
The median household income in Bassett, AR is $54,750 per year, which is 27% below the national median of $75,149.
What is the median home value in Bassett?
The median home value in Bassett, AR is $72,200, which is 71% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bassett?
The median monthly rent in Bassett, AR is $635, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Bassett?
The unemployment rate in Bassett, AR is 7.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bassett, AR a good place to live?
Bassett offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 121 and a median age of 46.3, the city appeals to established professionals and retirees.
How educated is Bassett, AR?
3.4% of residents in Bassett aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bassett?
Key cost-of-living indicators for Bassett, AR: median home value is $72,200 (71% below national), median rent is $635/month, and median household income is $54,750. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bassett?
The poverty rate in Bassett, AR is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bassett, AR?
Bassett's population is 0.0% White, 10.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.7% two or more races. 0.0% of residents are foreign-born.