Patterson, AR
Population 273 · Arkansas
About Patterson, AR
Patterson is a small community located in Arkansas with a population of 273 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,750 per year, which is 34% below the national median of $75,149. The median age of 49.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Patterson features a median home value of $47,900, which is 80% below the national median of $244,900. This makes Patterson one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $583, 50% below the national average of $1,163/month. Of the 159 total housing units, 70% are owner-occupied (83 units) and 30% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Patterson shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Patterson have an average one-way commute time of 16.2 minutes, one of the shorter commutes in the region.
Education & Demographics
4.4% of Patterson 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Patterson Ranks in Arkansas
Cost of Living in Patterson, AR
Compared to national averages, Patterson has a median household income of $49,750 (34% below the national median of $75,149). Home values average $47,900, which is 80% below the national median. Monthly rent at $583 is 50% below the US average of $1,163. Within Arkansas, Patterson's income is 5% below the state average of $52,241, and home values are 62% below the state median of $125,457.
Why Live in Patterson, AR?
Patterson offers affordable housing with a median home value of $47,900, below the US average of $244,900, and rent that’s lower than the national average at $583/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 12.1%, better than the national average, and short commute times averaging just 16.2 minutes.
Potential considerations include median household income ($49,750) that falls below the national average. However, Patterson’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Patterson has a population of 273 with a median age of 49.6 years. Compare Patterson with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Patterson
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wilton | 273 | $37,361 | $90,300 | Compare |
| Summers | 271 | $63,352 | $0 | Compare |
| Twin Groves | 277 | $39,784 | $93,000 | Compare |
| Willisville | 267 | $49,448 | $0 | Compare |
| Ben Lomond | 280 | $45,313 | $92,100 | Compare |
| Menifee | 281 | $62,361 | $125,000 | Compare |
| Oil Trough | 281 | $37,778 | $84,000 | Compare |
| Russell | 265 | $22,361 | $77,500 | 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 Patterson With Other Cities
Frequently Asked Questions about Patterson
What is the population of Patterson, AR?
The population of Patterson, AR is 273 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 Patterson?
The median household income in Patterson, AR is $49,750 per year, which is 34% below the national median of $75,149.
What is the median home value in Patterson?
The median home value in Patterson, AR is $47,900, which is 80% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Patterson?
The median monthly rent in Patterson, AR is $583, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Patterson?
The unemployment rate in Patterson, AR is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Patterson, AR a good place to live?
Patterson offers a moderate cost of living, affordable housing, and a strong job market. With a population of 273 and a median age of 49.6, the city appeals to established professionals and retirees.
How educated is Patterson, AR?
4.4% of residents in Patterson 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 Patterson?
Key cost-of-living indicators for Patterson, AR: median home value is $47,900 (80% below national), median rent is $583/month, and median household income is $49,750. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Patterson?
The poverty rate in Patterson, 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 Patterson, AR?
Patterson's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 12.8% two or more races. 0.0% of residents are foreign-born.