Bradley County Area Home Supply Charts

This page looks at a variety of Bradley County Arkansas housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Bradley County shows it has a Housing Units of 5,172 which is less than most other counties in the greater region.

Figure 2 illustrates the housing density in the Bradley County housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Bradley County depicts it has a Housing Density of 8.0 which is less than most other counties in the metro area. The county with the highest housing density in the area is Union County which shows a density of 18.1 (approximately 2.3 times bigger). Comparing housing density to the United States average of 39.5, Bradley County is approximately a fifth the size. Also, in contrast to the state of Arkansas, housing density of 26.1, Bradley County is approximately a third the size.

In Figure 4, Bradley County area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Bradley County shows it has a Housing Unit Change of -11.7% which is the second smallest in terms of change in the housing units of all the other counties in the greater region. The county with the highest change in the housing units in the area is Drew County which depicts a housing units of -1.5% (approximately an eigth the size). Comparing change in the housing units to the United States average of 7.4%, Bradley County is 58.9% larger. Also, measured against the state of Arkansas, change in the housing units of 3.5%, Bradley County is approximately 3.4 times bigger.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Bradley County depicts it has a Renter Percent of 35.1% which is more than all other counties in the greater Bradley County region. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 64.9% which is the smallest when ranked by owner percent of all the other counties in the surrounding region.

Bradley County Home Cost Charts

Looking at the housing data provided in Figure 7, the average Bradley County home price is illustrated for this community and a useful analysis of affordable housing. Bradley County shows it has a Median Home Value of $78,600 which is less than most other counties in the local area. The county with the highest median home price in the area is Drew County which depicts a home price of $103,900 (32.2% larger). Figure 8 provides aggregate comparative data for the Bradley County Arkansas metro area in terms of the median housing rental rate, apartment rent, etc. Bradley County depicts it has a Median Gross Rent of $552 which is the smallest in terms of rental rates of all the other counties in the surrounding region. The county with the highest rental rates in the area is Union County which depicts a rental rates of $717 (29.9% larger). Comparing rental rates to the United States average of $1,163, Bradley County is approximately half the size. Also, compared to the state of Arkansas, rental rates of $803, Bradley County is approximately three-fourths the size.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Bradley County has the percentage of home price worth less than $50,000 in the mid range of other counties in the local area at 30% of the total. Second, it has the smallest proportion of home price worth between $200,000 to $300,000 at 2% of the total.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Bradley County shows it has a Median Owner Cost of $475 which is the second smallest in terms of median ownership cost of all the other counties in the surrounding region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Bradley County metro area. it has a Owner Cost as % of HH Income of 13% which is less than most other counties in the area.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Bradley County shows it has a Median Home Value as Percent of Median Earnings of 179% which is the smallest as measured by median home value as a percent of median worker earnings of all the other counties in the greater region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Bradley County shows it has a Median Owner Costs-With Mortgage of $970 which is less than most other counties in the surrounding region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $353 which is less than most other counties in the area.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Bradley County has one of the largest proportions of owner cost less than $300 at 40% of the total and is ranked #2. The only larger county being Ashley County with 44%. Second, it has the smallest proportion of owner cost between $500 and $700 at 13% of the total. Third, it has the largest proportion of owner cost between $700 and $1,000 at 14% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Bradley County shows it has a % of Income Owner Costs-With Mortgage of 17% which is less than most other counties in the greater region. The county with the highest cost as a percent of household income in the area is Union County which depicts a cost as a percent of household income of 19% (11.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Bradley County depicts it has a % of Income Owner Costs-No Mortgage of 11% which is the second most cost as a percent of household income of all the counties in the greater Bradley County region. The county with the highest cost as a percent of household income in the area is Drew County which depicts a cost as a percent of household income of 11% ( about the same size).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Bradley County has the percentage of rent as a percent of income is between 40pct to 50pct in the mid range of other counties in the local area at 16% of the total.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Bradley County has the largest proportion of housing cost less than $300 at 31% of the total and is ranked #1. Second, it has the smallest proportion of housing cost between $500 and $700 at 14% of the total.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $530 which is in the mid range of other counties in the metro area. The county with the highest median real estate taxes paid in the area is Cleveland County which depicts a taxes paid of $596 (12.5% larger). Comparing median real estate taxes paid to the United States average of $2,690, Bradley County is approximately a fifth the size. Also, in comparison with the state of Arkansas, median real estate taxes paid of $878, Bradley County is approximately three-fourths the size.

Figure 23 shows the rental rate distribution for this area. Bradley County Arkansas has the largest proportion of rent less than 300 dollars at 30% of the total and is ranked #1. Second, it has the smallest proportion of rent between 300 and 500 dollars at 24% of the total. Third, it has the smallest proportion of rent between 500 and 750 dollars at 13% of the total. Also, it has the smallest proportion of rent between 750 and 1000 dollars at 3% of the total. In addition, it has the largest proportion of rent between 1000 and 1500 dollars at 5% of the total and is ranked #1.

Bradley County Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Bradley County has the smallest proportion of No 2nd Mortgage or HELOC at 0% of the total. Second, it has the largest proportion of Mortgage and 2nd Mortgage at 0% of the total and is ranked #1. Third, it has one of the largest proportions of With HELOC no Primary Mortgage at 64% of the total and is ranked #2. The only larger county being Calhoun County with 70%.

Bradley County Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 4.0 which is the most of all counties in the greater region. Comparing family members per housing unit to the United States average of 3.3, Bradley County is 20.3% larger. Also, in contrast to the state of Arkansas, family members per housing unit of 3.2, Bradley County is 23.7% larger.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 5.3 which is the second smallest as measured by average number of rooms in a house of all the other counties in the local area. The county with the highest average number of rooms in a house in the area is Cleveland County which shows an average number of rooms in a house of 5.8 (9.4% larger). Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1977 which is the third most year built of all other counties in the greater Bradley County region. The county with the highest year built in the area is Drew County which depicts a year built of 1984 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the smallest proportion of homes built in 2020 or later at 4% of the total. Second, it has less than most other counties in the greater region when sorted by homes built between 2010 to 2019 at 9% of the total. Third, it has one of the largest proportions of homes built between 1940 to 1949 at 8% of the total and is ranked #2. The only larger county being Ouachita County with 9%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the percentage of owner housing units less than most other counties in the local area at 1,301 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. it has the largest proportion of one unit attached at 5% of the total and is ranked #1. Second, it has the largest proportion of 2 units at 8% of the total and is ranked #1. Third, it has the second smallest when sorted by one unit detached of all the other counties in the greater region when ranked by 50 or more units at 15% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. has the percentage of value of homes built 2014 or later less than most other counties in the greater region at $77,900 of the total. Second, it has one of the largest proportions of value of homes built 2010 to 2013 at $123,300 of the total and is ranked #2. The only larger county being Cleveland County with $147,500. Third, it has one of the largest proportions of value of homes built 2000 to 2009 at $85,700 of the total and is ranked #3. Only #2 Cleveland County ($89,100), and #1 Drew County ($90,300) are larger. Also, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the metropolitan area when ranked by value of homes built 1990 to 1999 at $64,200 of the total. In addition, it has the largest proportion of value of homes built 1980 to 1989 at $107,000 of the total and is ranked #1. Furthermore, it has the second smallest as measured by value of homes built 2014 or later of all the other counties in the greater region in order of value of homes built 1970 to 1979 at $77,100 of the total. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $72,300 of the total and is ranked #3. Only #2 Union County ($79,000), and #1 Drew County ($128,500) are larger. Additionally, it has one of the largest proportions of value of homes built 1950 to 1959 at $72,500 of the total and is ranked #3. Only #2 Calhoun County ($81,400), and #1 Drew County ($132,200) are larger. And then, it has less than most other counties in the local area when sorted by value of homes built 1940 to 1949 at $70,900 of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Bradley County residents. it has a Owner-Household Size of 3.2 which is the highest of all counties in the greater Bradley County region.

Figure 37 shows the household size for renters. Bradley County depicts it has a Renter-Household Size of 2.1 which is the smallest as measured by renter household size of all the other counties in the area. The county with the highest renter household size in the area is Calhoun County which shows a renter household sizes of 3.2 (50.9% larger). Figure 38 shows the year that people who own homes moved into this region. it has one of the largest proportions of owners moved in 2019 or later at 22% of the total and is ranked #2. The only larger county being Drew County with 22%. Figure 39 shows the year that people who rent moved into the area. Bradley County has one of the largest proportions of renters moved in 2019 or later at 56% of the total and is ranked #2. The only larger county being Drew County with 61%. Second, it has the second smallest when ranked by renters moved in 2019 or later of all the other counties in the local area as measured by renters moved in 2015 to 2018 at 7% of the total. Third, it has the largest proportion of renters moved in 2010 to 2014 at 21% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2003 which is the third most of all other counties in the surrounding region. Figure 41 compares the median year that renters moved into their home. Bradley County depicts it has a Renter Median Year Moved In of 2016 which is the second most median year that a renter moved in of all the counties in the greater Bradley County region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. has the percentage of homes using solar energy the second smallest in terms of homes using natural gas of all the other counties in the local area at 0% of the total.

The next two charts show the number of people living in group quarters and includes temporary as well permanent housing which may be run by the Bradley County housing department, Arkansas department, or other housing authority or public housing agency. beginning with Figure 43 which shows the total number of people. Bradley County depicts it has a Total In Group Quarters of 170 which is in the mid range of other counties in the local area.

Figure 44 shows the percentage of people who are living in group quarters to the total population for Bradley County residents (these may include colleges and jails but also community centers for homelessness or that require a housing choice voucher which are run by certain nonprofits or an affordable housing department.) Bradley County has the largest proportion of number of people under 18 years of age and in group quarters at 100% of the total and is ranked #1.