Reed, AR

Census Place

2024 Population

156

US Senator

John Boozman

Republican Party

US Senator

Tom Cotton

Republican Party

2024 Median Age

55.4

5.14% 1-year decrease

2024 Poverty Rate

14.7%

48.4% 1-year decrease

2024 Median Household Income

$31,125

20.5% 1-year growth

2022 Median Property Value

$69,500

Housing & Living

The median property value in Reed, AR was $69,500 in 2022, which is 0.209 times smaller than the national average of $332,700. Between 2021 and 2022 the median property value increased from $68,200 to $69,500, a 1.91% increase. The homeownership rate in Reed, AR is 86.5%, which is higher than the national average of 65.2%.

People in Reed, AR have an average commute time of 40.6 minutes, and they drove alone to work. Car ownership in Reed, AR is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$69,500

Median Property Value 2022

±$44,164

$77

Median Property Taxes

±$61

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Reed, AR the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Reed, AR compared to it's parent and neighbor geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$31,125

Median Household Income

± $11,534

Number of Households

± 59

In 2024, the median household income of the 89 households in Reed, AR grew to $31,125 from the previous year's value of $25,833.

The following chart displays the households in Reed, AR distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $30k - $35k range.

Wage Distribution

The closest comparable wage GINI for Reed, AR is from Arkansas.

0.445

2024 Wage GINI in Arkansas

0.448

2023 Wage GINI in Arkansas

In 2024, the income inequality in Arkansas was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.844% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Arkansas was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Arkansas in comparison to the national average.

This chart shows the number of workers in Arkansas across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (97.9%)
Walked (2.13%)

In 2024, 97.9% of workers in Reed, AR drove alone to work, followed by those who walked to work (2.13%) and those who carpooled to work (0%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

40.6 minutes

Average Travel Time

Using averages, employees in Reed, AR have a longer commute time (40.6 minutes) than the normal US worker (26.4 minutes). Additionally, 23.4% of the workforce in Reed, AR have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Reed, AR compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Reed, AR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Reed, AR have 2 cars.

Poverty

Poverty & Diversity

14.7% of the population for whom poverty status is determined in Reed, AR (23 out of 156 people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 75+, followed by Females 55 - 64 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Reed, AR is Black, followed by White and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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