Formosa, AR
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Formosa, AR: Quick Facts & Overview
- Population: 6,607 residents (32 people per sq. mi.)
- Average House Price: $131,197
- Average Household Income: $54,428
Formosa, AR is located in the state of Arkansas. It is home to about 6,607 people, with around 32 residents living in every square mile.
If you want to buy a house in Formosa, the average price is around $131,197. That makes local housing 14% lower than the Arkansas average of $153,328, and 57% lower than the national average of $308,592.
The average household in Formosa earns about $54,428 a year. This income is 4% lower than the average family in Arkansas ($56,984), and 31% lower than the national average ($78,686).
Population
6,607
Median Household Income
$54,428
Median Home Value
$131,197
Median Age
45.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $28,246 |
| Labor Force Participation | 48.9% |
| Unemployment Rate | 4.9% |
| Average Commute Time | 32.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 73.5% |
| Median Rent | $725 |
| Rent Burdened (>30% Income) | 26.3% |
| Total Housing Units | 2,918 |
Additional Census & Housing Profile
Geographic Overview
| County | Van Buren |
| County FIPS | 05141 |
| Metro Area (CBSA) | - |
| Population Density | 32.0/sq mi |
| Coordinates (lat/lng) | 35.4631, -92.5102 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.63 |
| Dual Income Families | 37.6% |
Marital Status
| Married | 53.0% |
| Never Married | 21.0% |
| Divorced | 18.6% |
| Widowed | 7.4% |
Gender
| Male | 52.4% |
| Female | 47.6% |
Health & Poverty
| Uninsured Rate (Health) | 7.9% |
| Poverty Rate | 18.8% |
Key Population Groups
| Veterans | 9.2% |
| Disabled Population | 25.2% |
| Limited English Proficiency | 1.5% |
All ZIP Codes in Formosa
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 72031 | 6,607 | $54,428 | $131,197 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Bee Branch, AR | 6.5 miles | 196 |
| Center Ridge, AR | 6.7 miles | 211 |
| Clinton, AR | 8.7 miles | 2,509 |
| Damascus, AR | 8.7 miles | 348 |
| Twin Groves, AR | 11.1 miles | 258 |
| Springfield, AR | 13.4 miles | 438 |
| Guy, AR | 13.5 miles | 720 |
| Shirley, AR | 16.7 miles | 269 |
| Fairfield Bay, AR | 16.9 miles | 2,515 |
| Quitman, AR | 17.6 miles | 805 |
| Greenbrier, AR | 17.7 miles | 6,018 |
| Wooster, AR | 18.5 miles | 1,023 |
| Higden, AR | 18.6 miles | 182 |
| Dennard, AR | 19.8 miles | 315 |
| Greers Ferry, AR | 20.5 miles | 778 |
| Appleton, AR | 20.6 miles | 292 |
| Menifee, AR | 21.8 miles | 409 |
| Plumerville, AR | 22.2 miles | 1,128 |
| Holland, AR | 24.4 miles | 623 |
| Morrilton, AR | 24.8 miles | 7,080 |
| Enola, AR | 25.2 miles | 432 |
| Fox, AR | 25.2 miles | 381 |
| Leslie, AR | 25.4 miles | 444 |
| Rose Bud, AR | 26 miles | 656 |
| Hector, AR | 26.2 miles | 334 |
| Conway, AR | 26.9 miles | 73,817 |
| Heber Springs, AR | 27.2 miles | 7,161 |
| Mount Vernon, AR | 27.3 miles | 182 |
| Atkins, AR | 29 miles | 2,877 |
| Oppelo, AR | 29.1 miles | 1,118 |
| Tumbling Shoals, AR | 30.7 miles | 689 |
| Vilonia, AR | 31.4 miles | 4,498 |
| Houston, AR | 31.4 miles | 299 |
| Marshall, AR | 31.7 miles | 1,196 |
| Bigelow, AR | 32.9 miles | 393 |
| Perry, AR | 33 miles | 356 |
| El Paso, AR | 34.1 miles | 470 |
| Drasco, AR | 34.1 miles | 314 |
| Dover, AR | 34.4 miles | 1,795 |
| Mayflower, AR | 34.5 miles | 2,861 |
| Wilburn, AR | 35.1 miles | 173 |
| Pottsville, AR | 35.2 miles | 3,229 |
| Perryville, AR | 35.3 miles | 1,390 |
| Mountain View, AR | 35.8 miles | 2,913 |
| Floyd, AR | 35.8 miles | 881 |
| Russellville, AR | 37.7 miles | 29,162 |
| Pangburn, AR | 37.8 miles | 515 |
| Fifty-Six, AR | 37.9 miles | 205 |
| Roland, AR | 38.9 miles | 1,147 |
| Letona, AR | 38.9 miles | 213 |
| Concord, AR | 39.5 miles | 130 |
| Dardanelle, AR | 40.4 miles | 4,511 |
| Natural Steps, AR | 41.2 miles | 683 |
| Pleasant Grove, AR | 41.9 miles | 186 |
| London, AR | 42.2 miles | 1,217 |
| Gibson, AR | 42.4 miles | 4,167 |
| St. Joe, AR | 42.5 miles | 136 |
| Maumelle, AR | 42.7 miles | 19,373 |
| Casa, AR | 42.7 miles | 206 |
| Austin, AR | 43.1 miles | 3,915 |
| Floral, AR | 43.1 miles | 194 |
| Cabot, AR | 43.3 miles | 26,960 |
| Aplin, AR | 43.4 miles | 287 |
| Beebe, AR | 43.8 miles | 8,707 |
| Ward, AR | 44.1 miles | 6,573 |
| Centerville, AR | 44.3 miles | 211 |
| Jacksonville, AR | 45.6 miles | 29,221 |
| McRae, AR | 45.6 miles | 623 |
| Sherwood, AR | 45.7 miles | 33,070 |
| Pindall, AR | 46 miles | 198 |
| Searcy, AR | 46.3 miles | 23,340 |
| Garner, AR | 46.7 miles | 175 |
| Deer, AR | 47.1 miles | 113 |
| Cammack Village, AR | 48.1 miles | 797 |
| Higginson, AR | 48.4 miles | 1,055 |
| Knoxville, AR | 48.4 miles | 663 |
| North Little Rock, AR | 49.6 miles | 64,538 |
| McAlmont, AR | 49.6 miles | 1,088 |
| Cushman, AR | 49.6 miles | 488 |
| Lamar, AR | 49.8 miles | 1,783 |
| Kensett, AR | 49.9 miles | 1,937 |
| Desha, AR | 49.9 miles | 679 |
| Pleasant Plains, AR | 50.1 miles | 376 |
| Ola, AR | 50.2 miles | 914 |
| Judsonia, AR | 50.6 miles | 2,052 |
| Western Grove, AR | 50.6 miles | 438 |