Black Oak, AR Profile: Facts & Data

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Black Oak, Arkansas - Basic Facts

The Town of Black Oak had a population of 235 as of July 1, 2023.

The primary coordinate point for Black Oak is located at latitude 35.839 and longitude -90.3682 in Craighead County. The formal boundaries for the Town of Black Oak encompass a land area of 0.45 sq. miles and a water area of 0 sq. miles. Craighead County is in the Central time zone (GMT -6).

The Town of Black Oak has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Town of Black Oak is located within Township of Black Oak, a minor civil division (MCD) of Craighead County.


Jump to... (On This Page!)
  1. Black Oak 2023 Demographic Data
  2. Growth Rates for Black Oak (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2023 Demographics
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Black Oak, AR Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 235 (100%)
Population in Households 235 (100.0%)
Population in Families 195 (83.0%)
Population in Group Quarters1 0
Population Density 562
Diversity Index2 25
 
 

INCOME

Median Household Income $31,971
Average Household Income $65,194
% of Income for Mortgage4 11%
Per Capita Income $26,910
Wealth Index5 45
Socioeconomic Status Index6 Moderate (54.2)
 

HOUSING

Total HU (Housing Units) 104 (100%)
Owner Occupied HU 68 (65.4%)
Renter Occupied HU 29 (27.9%)
Vacant Housing Units 7 ( 6.7%)
Median Home Value $56,667
Average Home Value $86,765
Housing Affordability Index3 240
 

HOUSEHOLDS

Total Households 97
Average Household Size 2.42
Family Households 59
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.26% 1.16%
Households 1.30% 1.01%
Families   1.64%
Median Household Income   11.00%
Per Capita Income   3.26%
Owner Occupied HU   -1.83%

Black Oak, AR - Peer Comparisons by Rank and Percentile

The table below compares Black Oak to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 406 35th
Population Density # 174 72nd
Median Household Income # 562 10th
Housing Affordability Index # 572 92nd
Per Capita Income # 307 51st
Diversity Index # 442 30th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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