Okolona, AR
Population 317 · Arkansas
About Okolona, AR
Okolona is a small community in Arkansas with a population of 317 residents. The median household income is $60,000 per year, which is near the national average. The median age in Okolona is 42.2 years.
Housing in Okolona has a median home value of $83,700 and median monthly rent of $0. Of the 126 total housing units, the majority are owner-occupied, with 76 owner-occupied and 4 renter-occupied units.
The unemployment rate in Okolona is 25.2% and the poverty rate is 6.0%. 11.8% of residents hold a bachelor's degree or higher. The average commute time is 37 minutes.
Cost of Living in Okolona, AR
Compared to national averages, Okolona has a median household income of $60,000 (20% below the national median of $75,149). Home values average $83,700, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arkansas, Okolona's income is 15% above the state average of $52,241, and home values are 33% below the state median of $125,457.
Why Live in Okolona, AR?
Okolona offers affordable housing with a median home value of $83,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 6.0%, better than the national average.
Potential considerations include median household income ($60,000) that falls below the national average. However, Okolona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Okolona has a population of 317 with a median age of 42.2 years. Compare Okolona with other cities to see how it stacks up, or explore all cities in Arkansas.
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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 Okolona
What is the population of Okolona, AR?
The population of Okolona, AR is 317 according to the latest Census data.
What is the median household income in Okolona?
The median household income in Okolona, AR is $60,000 per year.
What is the median home value in Okolona?
The median home value in Okolona, AR is $83,700.
What is the average rent in Okolona?
The median monthly rent in Okolona, AR is $0.
What is the unemployment rate in Okolona?
The unemployment rate in Okolona, AR is 25.2%.