Holly Grove, Arkansas Median Income

Holly Grove, Arkansas has a population of 545, with a median household income of $48,000.

Current median income data for Holly Grove.

$48,000

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Population

545

💰

Median Income

$48,000

📉

Unemployment

4.80%

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Housing Price

$180,000

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Crime Rate

3.00

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Internet Speed

170.00 Mbps

Holly Grove is a small local community located in Arkansas. The city has a population that is below the average city population in Arkansas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Arkansas, Holly Grove provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Holly Grove has a population of 545, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Holly Grove is $48,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Holly Grove is about $180,000, making it relatively affordable compared to many cities in Arkansas.

Employment and Safety

The unemployment rate in Holly Grove is 4.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Holly Grove are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Arkansas, Holly Grove shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Holly Grove offers a balanced mix of economic conditions, population trends, and housing opportunities within Arkansas.

Frequently Asked Questions about Holly Grove

What is the population of Holly Grove?

The population of Holly Grove is approximately 545.

Is Holly Grove a good place to live?

Holly Grove offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Holly Grove?

The median household income in Holly Grove is around $48,000.

How expensive is housing in Holly Grove?

The average housing price in Holly Grove is approximately $180,000.