Caraway, AR
Population 1,078 · Arkansas
About Caraway, AR
Caraway is a small community in Arkansas with a population of 1,078 residents. The median household income is $41,667 per year, which is below the national average. The median age in Caraway is 32.4 years.
Housing in Caraway has a median home value of $73,800 and median monthly rent of $481. Of the 497 total housing units, the majority are owner-occupied, with 301 owner-occupied and 137 renter-occupied units.
The unemployment rate in Caraway is 4.7% and the poverty rate is 22.6%. 13.0% of residents hold a bachelor's degree or higher. The average commute time is 21 minutes.
How Caraway Ranks in Arkansas
Cost of Living in Caraway, AR
Compared to national averages, Caraway has a median household income of $41,667 (45% below the national median of $75,149). Home values average $73,800, which is 70% below the national median. Monthly rent at $481 is 59% below the US average of $1,163. Within Arkansas, Caraway's income is 20% below the state average of $52,241, and home values are 41% below the state median of $125,457.
Why Live in Caraway, AR?
Caraway offers affordable housing with a median home value of $73,800, below the US average of $244,900, and rent that’s lower than the national average at $481/month, and short commute times averaging just 21 minutes.
Potential considerations include median household income ($41,667) that falls below the national average. However, Caraway’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Caraway has a population of 1,078 with a median age of 32.4 years. Compare Caraway with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Caraway
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Swifton | 1,082 | $46,250 | $73,500 | Compare |
| Wilson | 1,103 | $76,065 | $135,900 | Compare |
| Sulphur Springs | 1,035 | $34,353 | $114,900 | Compare |
| Oppelo | 1,033 | $65,813 | $124,700 | Compare |
| Highland | 1,124 | $51,250 | $103,400 | Compare |
| Horatio | 1,025 | $44,417 | $109,900 | Compare |
| Wooster | 1,135 | $107,813 | $292,900 | Compare |
| Genoa | 1,008 | $55,500 | $124,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Caraway With Other Cities
Frequently Asked Questions about Caraway
What is the population of Caraway, AR?
The population of Caraway, AR is 1,078 according to the latest Census data.
What is the median household income in Caraway?
The median household income in Caraway, AR is $41,667 per year.
What is the median home value in Caraway?
The median home value in Caraway, AR is $73,800.
What is the average rent in Caraway?
The median monthly rent in Caraway, AR is $481.
What is the unemployment rate in Caraway?
The unemployment rate in Caraway, AR is 4.7%.