Wilmot, AR
Population 438 · Arkansas
About Wilmot, AR
Wilmot is a small community located in Arkansas with a population of 438 residents according to the latest US Census Bureau American Community Survey data. The median household income is $27,500 per year, which is 63% below the national median of $75,149. The median age of 59.5 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 Wilmot features a median home value of $47,400, which is 81% below the national median of $244,900. This makes Wilmot 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 235 total housing units, 78% are owner-occupied (132 units) and 22% are renter-occupied (38 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wilmot shows an unemployment rate of 11.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.8%, above the national average of 12.4%. Workers in Wilmot have an average one-way commute time of 20 minutes.
Education & Demographics
3.9% of Wilmot 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 0.9% of the population being foreign-born.
How Wilmot Ranks in Arkansas
Cost of Living in Wilmot, AR
Compared to national averages, Wilmot has a median household income of $27,500 (63% below the national median of $75,149). Home values average $47,400, which is 81% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Arkansas, Wilmot's income is 47% below the state average of $52,241, and home values are 62% below the state median of $125,457.
Why Live in Wilmot, AR?
Wilmot offers affordable housing with a median home value of $47,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 20 minutes.
Potential considerations include median household income ($27,500) that falls below the national average. However, Wilmot’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wilmot has a population of 438 with a median age of 59.5 years. Compare Wilmot with other cities to see how it stacks up, or explore all cities in Arkansas.
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Cities in Arkansas with a similar population size.
Demographics
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Economy & Education
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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 Wilmot
What is the population of Wilmot, AR?
The population of Wilmot, AR is 438 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 Wilmot?
The median household income in Wilmot, AR is $27,500 per year, which is 63% below the national median of $75,149.
What is the median home value in Wilmot?
The median home value in Wilmot, AR is $47,400, which is 81% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wilmot?
The median monthly rent in Wilmot, AR is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wilmot?
The unemployment rate in Wilmot, AR is 11.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wilmot, AR a good place to live?
Wilmot offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 438 and a median age of 59.5, the city appeals to established professionals and retirees.
How educated is Wilmot, AR?
3.9% of residents in Wilmot 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 Wilmot?
Key cost-of-living indicators for Wilmot, AR: median home value is $47,400 (81% below national), median rent is $0/month, and median household income is $27,500. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wilmot?
The poverty rate in Wilmot, AR is 15.8%, 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 Wilmot, AR?
Wilmot's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 80.6% two or more races. 0.9% of residents are foreign-born.