Prattsville, AR
Population 431 · Arkansas
About Prattsville, AR
Prattsville is a small community located in Arkansas with a population of 431 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,917 per year, which is 36% below the national median of $75,149. The median age of 39.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Prattsville features a median home value of $89,000, which is 64% below the national median of $244,900. This makes Prattsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 149 total housing units, 88% are owner-occupied (115 units) and 12% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Prattsville shows an unemployment rate of 11.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Prattsville have an average one-way commute time of 34.8 minutes.
Education & Demographics
5.6% of Prattsville 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 0.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Prattsville, AR
Compared to national averages, Prattsville has a median household income of $47,917 (36% below the national median of $75,149). Home values average $89,000, which is 64% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arkansas, Prattsville's income is 8% below the state average of $52,241, and home values are 29% below the state median of $125,457.
Why Live in Prattsville, AR?
Prattsville offers affordable housing with a median home value of $89,000, 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 4.6%, better than the national average.
Potential considerations include median household income ($47,917) that falls below the national average. However, Prattsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Prattsville has a population of 431 with a median age of 39.3 years. Compare Prattsville with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Prattsville
Cities in Arkansas with a similar population size.
Demographics
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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 Prattsville
What is the population of Prattsville, AR?
The population of Prattsville, AR is 431 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 Prattsville?
The median household income in Prattsville, AR is $47,917 per year, which is 36% below the national median of $75,149.
What is the median home value in Prattsville?
The median home value in Prattsville, AR is $89,000, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Prattsville?
The median monthly rent in Prattsville, AR is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Prattsville?
The unemployment rate in Prattsville, AR is 11.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Prattsville, AR a good place to live?
Prattsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 431 and a median age of 39.3, the city appeals to a broad range of residents.
How educated is Prattsville, AR?
5.6% of residents in Prattsville 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 Prattsville?
Key cost-of-living indicators for Prattsville, AR: median home value is $89,000 (64% below national), median rent is $0/month, and median household income is $47,917. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Prattsville?
The poverty rate in Prattsville, AR is 4.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Prattsville, AR?
Prattsville's population is 0.2% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.