Hermitage, AR
Population 379 · Arkansas
About Hermitage, AR
Hermitage is a small community located in Arkansas with a population of 379 residents according to the latest US Census Bureau American Community Survey data. The median household income is $20,750 per year, which is 72% below the national median of $75,149. The median age of 21.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hermitage features a median home value of $114,600, which is 53% below the national median of $244,900. This makes Hermitage one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $464, 60% below the national average of $1,163/month. Of the 309 total housing units, 28% are owner-occupied (46 units) and 72% are renter-occupied (121 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hermitage shows an unemployment rate of 8.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 42.0%, above the national average of 12.4%. Workers in Hermitage have an average one-way commute time of 24.1 minutes.
Education & Demographics
4.3% of Hermitage 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 24.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.7% of the population being foreign-born.
How Hermitage Ranks in Arkansas
Cost of Living in Hermitage, AR
Compared to national averages, Hermitage has a median household income of $20,750 (72% below the national median of $75,149). Home values average $114,600, which is 53% below the national median. Monthly rent at $464 is 60% below the US average of $1,163. Within Arkansas, Hermitage's income is 60% below the state average of $52,241, and home values are 9% below the state median of $125,457.
Why Live in Hermitage, AR?
Hermitage offers affordable housing with a median home value of $114,600, below the US average of $244,900, and rent that’s lower than the national average at $464/month, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($20,750) that falls below the national average. However, Hermitage’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hermitage has a population of 379 with a median age of 21.9 years. Compare Hermitage with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Hermitage
Cities in Arkansas with a similar population size.
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.
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Frequently Asked Questions about Hermitage
What is the population of Hermitage, AR?
The population of Hermitage, AR is 379 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 Hermitage?
The median household income in Hermitage, AR is $20,750 per year, which is 72% below the national median of $75,149.
What is the median home value in Hermitage?
The median home value in Hermitage, AR is $114,600, which is 53% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hermitage?
The median monthly rent in Hermitage, AR is $464, which is 60% below the national average of $1,163/month.
What is the unemployment rate in Hermitage?
The unemployment rate in Hermitage, AR is 8.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hermitage, AR a good place to live?
Hermitage offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 379 and a median age of 21.9, the city appeals to young professionals and families.
How educated is Hermitage, AR?
4.3% of residents in Hermitage 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 Hermitage?
Key cost-of-living indicators for Hermitage, AR: median home value is $114,600 (53% below national), median rent is $464/month, and median household income is $20,750. The home-value-to-income ratio is 5.5x, a moderate figure by national standards.
What is the poverty rate in Hermitage?
The poverty rate in Hermitage, AR is 42.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hermitage, AR?
Hermitage's population is 24.5% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 38.0% two or more races. 3.7% of residents are foreign-born.