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The total population of Caraway is estimated to be 1,174 with 589 males (50.17%) and 585 females (49.83%). There are 4 less females than males in Caraway.
The median household income in Caraway was $49,624 in 2021, which marked an a decrease of 4,342(8.05%) from $53,966 in 2020. This income is 66.51% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Caraway sees its highest median household income among householders in the age group of 45 to 64 years old, at $61,009. Overall, the median household income for the city of Caraway stands at $49,624.
In Caraway, the median income for all workers aged 15 years and older, regardless of work hours, was $38,582 for males and $17,513 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $46,953 for males and $41,345 for females.
In Caraway, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $62,603, while White households have a median household income of $49,992.
In 2022, the population of Caraway was 1,110, a 0.89% decrease year-by-year from 2021. Previously, in 2021, Caraway's population was 1,120, a decline of 0.97% compared to a population of 1,131 in 2020.
The median age in Caraway, AR is 32.6, as per 2021 ACS 5-Year Estimates. Of the total population, 21.39% were under the age of 15, 24.70% aged 15 to 29, 37.45% aged 30 to 64, 14.77% aged 65 to 84, and 1.69% were 85 years of age and older.
Racial distribution of Caraway population: 92.57% are White, 1.29% are some other race and 6.13% are multiracial.