McRae, AR
Population 717 · Arkansas
About McRae, AR
McRae is a small community in Arkansas with a population of 717 residents. The median household income is $35,333 per year, which is below the national average. The median age in McRae is 41.4 years.
Housing in McRae has a median home value of $81,800 and median monthly rent of $721. Of the 337 total housing units, the majority are owner-occupied, with 191 owner-occupied and 129 renter-occupied units.
The unemployment rate in McRae is 0.9% and the poverty rate is 12.1%. 8.0% of residents hold a bachelor's degree or higher. The average commute time is 26.7 minutes.
How McRae Ranks in Arkansas
Cost of Living in McRae, AR
Compared to national averages, McRae has a median household income of $35,333 (53% below the national median of $75,149). Home values average $81,800, which is 67% below the national median. Monthly rent at $721 is 38% below the US average of $1,163. Within Arkansas, McRae's income is 32% below the state average of $52,241, and home values are 35% below the state median of $125,457.
Why Live in McRae, AR?
McRae offers affordable housing with a median home value of $81,800, below the US average of $244,900, and rent that’s lower than the national average at $721/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a low poverty rate of 12.1%, better than the national average.
Potential considerations include median household income ($35,333) that falls below the national average. However, McRae’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
McRae has a population of 717 with a median age of 41.4 years. Compare McRae with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near McRae
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodson | 724 | $0 | $135,400 | Compare |
| Bonanza | 730 | $59,583 | $141,300 | Compare |
| Parkin | 702 | $25,588 | $36,700 | Compare |
| Holland | 692 | $53,889 | $147,900 | Compare |
| Caddo Valley | 690 | $56,000 | $121,500 | Compare |
| Sulphur Rock | 747 | $49,440 | $150,700 | Compare |
| Natural Steps | 686 | $151,944 | $443,900 | Compare |
| Quitman | 748 | $37,067 | $111,200 | 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.
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Frequently Asked Questions about McRae
What is the population of McRae, AR?
The population of McRae, AR is 717 according to the latest Census data.
What is the median household income in McRae?
The median household income in McRae, AR is $35,333 per year.
What is the median home value in McRae?
The median home value in McRae, AR is $81,800.
What is the average rent in McRae?
The median monthly rent in McRae, AR is $721.
What is the unemployment rate in McRae?
The unemployment rate in McRae, AR is 0.9%.