Gassville, AR
Population 2,216 · Arkansas
About Gassville, AR
Gassville is a small town located in Arkansas with a population of 2,216 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,404 per year, which is 37% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Gassville features a median home value of $126,600, which is 48% below the national median of $244,900. This makes Gassville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $840, 28% below the national average of $1,163/month. Of the 1,006 total housing units, 68% are owner-occupied (613 units) and 32% are renter-occupied (288 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gassville shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gassville have an average one-way commute time of 20.6 minutes.
Education & Demographics
11.7% of Gassville 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 3.1% White, 2.5% Hispanic or Latino, 0.2% Black or African American, and 0.2% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Gassville, AR
Compared to national averages, Gassville has a median household income of $47,404 (37% below the national median of $75,149). Home values average $126,600, which is 48% below the national median. Monthly rent at $840 is 28% below the US average of $1,163. Within Arkansas, Gassville's income is 9% below the state average of $52,241, and home values are 1% above the state median of $125,457.
Why Live in Gassville, AR?
Gassville offers affordable housing with a median home value of $126,600, below the US average of $244,900, and rent that’s lower than the national average at $840/month, and a low poverty rate of 12.1%, better than the national average. Additionally, the city features short commute times averaging just 20.6 minutes.
Potential considerations include median household income ($47,404) that falls below the national average. However, Gassville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gassville has a population of 2,216 with a median age of 38 years. Compare Gassville with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Gassville
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Melbourne | 2,227 | $34,303 | $203,000 | Compare |
| Star City | 2,234 | $52,039 | $118,500 | Compare |
| Marked Tree | 2,235 | $45,197 | $85,700 | Compare |
| Fairfield Bay | 2,247 | $54,735 | $157,300 | Compare |
| Carlisle | 2,175 | $34,858 | $132,600 | Compare |
| Eureka Springs | 2,269 | $41,821 | $246,900 | Compare |
| Lake Village | 2,280 | $44,803 | $120,200 | Compare |
| Smackover | 2,137 | $53,105 | $113,100 | 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 Gassville With Other Cities
Frequently Asked Questions about Gassville
What is the population of Gassville, AR?
The population of Gassville, AR is 2,216 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Arkansas.
What is the median household income in Gassville?
The median household income in Gassville, AR is $47,404 per year, which is 37% below the national median of $75,149.
What is the median home value in Gassville?
The median home value in Gassville, AR is $126,600, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gassville?
The median monthly rent in Gassville, AR is $840, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Gassville?
The unemployment rate in Gassville, AR is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gassville, AR a good place to live?
Gassville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,216 and a median age of 38, the city appeals to a broad range of residents.
How educated is Gassville, AR?
11.7% of residents in Gassville 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 Gassville?
Key cost-of-living indicators for Gassville, AR: median home value is $126,600 (48% below national), median rent is $840/month, and median household income is $47,404. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gassville?
The poverty rate in Gassville, AR is 12.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gassville, AR?
Gassville's population is 3.1% White, 2.5% Hispanic or Latino, 0.2% Black or African American, 0.2% Asian, and 1.0% two or more races. 1.6% of residents are foreign-born.