Checked
Housing Affordability in Caraway, AR
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 18.9%
- Arkansas 25.7%
- Renters paying 30%+
- 30.4%
- Arkansas 44.8%
- Homeowners paying 30%+
- 13.8%
- Arkansas 17.1%
- Owner costs with a mortgage
- $768/mo
- Arkansas $1,345/mo
Caraway has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more4130.4%
- Homeowners paying 30% or more4213.8%
- Renters paying 50% or more107.4%
- Median rent as a share of income: 22.3%
- Median owner costs as a share of income, with a mortgage: 15.6%
- Median owner costs without a mortgage: $345/mo
- Median home value divided by median household income: 2.2
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Caraway, AR | 18.9% | 30.4% | 13.8% | 22.3% |
| Craighead County | 28.0% | 51.0% | 14.0% | 30.6% |
| Arkansas | 25.7% | 44.8% | 17.1% | 27.6% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Caraway, AR?
- In Caraway, AR, 18.9% of households spend 30% or more of their income on housing costs.
- How does Caraway compare with Arkansas?
- The households paying 30%+ for housing in Caraway is 18.9%, compared with 25.7% for Arkansas as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates