Rogers, Arkansas - Dental Demographics - Housing


Rogers, Arkansas - Dental Demographics - Housing


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Housing



This 3 mile radius contains 21,043 housing units and a high vacancy rate of 11.3%. This area has a 49.1% home ownership rate and 39.5% of the population are renters. The ownership occupancy levels are below Arkansas and US.

Home values have two implications—they can signal the relative affluence of an area and thus the ability of its population to spend more on dental care, but they can also show the relative unaffordability of an area and its possibility not to grow as fast as other more affordable locations. The median home ownership value in this area is $166,066 which is above Arkansas. The median home ownership value for the United States is $204,900. This area averages spending 31.6% of their income on total housing which is higher than the 30% figure that is considered a healthy housing spending percentage. Total housing expenditure includes the cost of shelter as well as utilities, fuel, and public services like water and sewer. This means that housing expenditures use a greater amount of the household budget on a national basis than it should by large amount. Disposable income in this area averages 68.4%. The average housing cost of just shelter as a percent of income in this area at 21.7%. The area is affordable for those living here. In general, all these housing factors are below average indicators of desirability of an area and its economic growth potential.


Table #2 Significant Demographic Characteristics - Page 2

Demographic Analysis for Rogers, Arkansas
Rogers, ArkansasArkansasUnited States
Demographic CharacteristicRogers
Arkansas
Latitude / Longitude:36.33202, -94.118537
Radius3 miles4 miles
HOUSING
Housing units21,04327,7281,429,433142,853,336
Median home value$166,066$183,851$145,570$264,021
Home ownership rate49.1%50.9%56.9%57.3%
Renter-occupied housing39.5%38.2%28.9%31.2%
Vacant housing units11.3%10.9%14.2%11.5%
Average Cost of Housing$15,548$17,917$13,987$20,090
Average Housing Cost as a Percent of Income21.7%21.6%20.6%21.7%
HOUSEHOLDS
Households18,65724,7091,226,565126,470,675
     Average household size2.892.792.472.58
Family households69.0%69.4%66.3%65.5%
Household with children41.7%41.0%33.0%33.4%
High school graduate or higher79.0%82.3%87.8%88.9%
Bachelor degree or higher19.6%25.2%23.5%33.6%
RACE & ETHNICITY
White64.7%67.6%74.5%69.2%
Black1.6%1.7%15.5%13.0%
Native American1.2%1.1%0.9%1.0%
Asian2.5%3.8%1.7%5.9%
Pacific Islanders0.8%0.8%0.4%0.2%
Other Race25.1%21.3%4.4%7.1%
Hispanic or Latino of any race42.2%36.1%8.2%18.9%


Home Ownership Rates

Rogers, Arkansas - Home Ownership Rates
Owner Occupied Households by Census Tract

 65.34% to 87.15%
 53.90% to 65.34%
 41.16% to 53.90%
 24.68% to 41.16%
 19.86% to 24.68%
1.Rogers