Ravenden, Arkansas Median Income

Ravenden, Arkansas has a population of 470, with a median household income of $50,000.

Current median income data for Ravenden.

$50,000

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Population

470

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Median Income

$50,000

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Unemployment

4.50%

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Housing Price

$200,000

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Crime Rate

2.90

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Internet Speed

160.00 Mbps

Ravenden 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.

Ravenden, located in Arkansas, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Ravenden has a population of 470, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Ravenden is $50,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Ravenden is about $200,000, making it relatively affordable compared to many cities in Arkansas.

Employment and Safety

The unemployment rate in Ravenden is 4.50%, which is lower than the state average, indicating a relatively strong job market. Ravenden has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

As part of Arkansas, Ravenden contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Ravenden

What is the population of Ravenden?

The population of Ravenden is approximately 470.

Is Ravenden a good place to live?

Ravenden 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 Ravenden?

The median household income in Ravenden is around $50,000.

How expensive is housing in Ravenden?

The average housing price in Ravenden is approximately $200,000.