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Data Scout Franklin County AR: A Comprehensive Guide
Data Scout Franklin County AR is a vital resource for anyone looking to understand the real estate market in Franklin County, Arkansas. This guide will delve into various aspects of the county, including demographics, economic trends, and real estate statistics, to provide you with a comprehensive overview.
Demographics of Franklin County, AR
Understanding the demographics of Franklin County is crucial for anyone interested in the local real estate market. According to the latest U.S. Census data, Franklin County has a population of approximately 35,000 residents. The median age is 39.5 years, with a slightly higher proportion of females (51.2%) than males (48.8%). The racial and ethnic composition of the county is as follows:
| Category | Percentage |
|---|---|
| White | 75.2% |
| African American | 18.9% |
| Hispanic or Latino | 3.5% |
| Other | 2.4% |
Economic Trends in Franklin County, AR
Franklin County’s economy is diverse, with agriculture, manufacturing, and retail being the primary industries. The county is home to several manufacturing companies, including food processing plants and metal fabrication facilities. The agricultural sector is also significant, with crops such as soybeans, corn, and wheat being grown extensively. The median household income in Franklin County is approximately $45,000, which is slightly below the national average.
Real Estate Market Overview
The real estate market in Franklin County has seen steady growth over the past few years. The median home value is currently around $150,000, which is slightly lower than the national average. The market has a mix of single-family homes, townhouses, and apartments, catering to a diverse range of buyers. Here are some key statistics to consider:
| Year | Median Home Value | Number of Homes Sold | Average Days on Market |
|---|---|---|---|
| 2018 | $145,000 | 1,200 | 90 |
| 2019 | $147,500 | 1,350 | 85 |
| 2020 | $150,000 | 1,500 | 80 |
| 2021 | $152,500 | 1,600 | 75 |
Neighborhoods and Communities
Franklin County is home to several neighborhoods and communities, each with its unique charm and amenities. Some of the notable areas include:
- Springfield: The county seat, Springfield, offers a variety of shopping, dining, and entertainment options. It is also home to the University of Arkansas at Fayetteville.
- Greenbrier: A smaller community with a tight-knit community feel, Greenbrier is known for its scenic landscapes and friendly residents.
- Wrightsville: Wrightsville is a growing community with a mix of residential and commercial properties. It is located near the beautiful Lake Dardanelle.
Education and Schools
Franklin County is served by the Franklin County School District, which includes several elementary, middle, and high schools. The district has a strong focus on academic excellence and offers a variety of extracurricular activities. Some of the schools in the district
