This is a small community in a single neighborhood.
As throughout the site, some neighborhood-level data are reserved for subscribers.
What do we mean by a neighborhood?
NeighborhoodScout® uses the official government designation for neighborhoods - the census tract.
Census tracts are small, relatively permanent subdivisions of a county that are defined by the U.S. Census Bureau in conjunction with local authorities all across the country to define real neighborhoods that are bounded to contain areas with homogeneous population characteristics (including economic status, lifestyle, and living conditions). Census tracts usually have 4,000 persons, but can range between 1,500 and 8,000 persons. This is the most fine-grained area for which detailed information is made available from the government, to protect the individual privacy of each of us. Because census tracts are based on population, they vary in size depending on the density of settlement. In urban areas, they are small, and in rural areas they can cover an entire small town or even a few small towns in very rural areas.
Since census tracts are subdivisions of a county, we did a spatial overlay of the census tracts onto city and town boundaries using a geographic information system to properly assign each census tract to its appropriate city or town. Then we named each census tract to the local colloquially recognized neighborhood name for that spot (e.g., Boston, MA (Dorchester). If there was not a name available, we named the census tract by the largest street intersection in the census tract (e.g., Worcester, MA (Lincoln St/Plantation St)
Why we don't use Zip Codes as neighborhoods
Zip codes were developed by the Postal Service for the purpose of delivering mail, but were never intended to define coherent neighborhoods. In addition, Zip Codes can have as many as 10 distinctly different census tracts contained within them. When distinct census tracts are blended together in a single Zip Code, the data reflects their average conditions and often gives a false sense of the area. The result is that potentially great matching neighborhoods can be missed, and erroneous matches can also be produced and delivered to you.
Using census tracts makes great matches possible, and helps people find the areas that are best for them and their families. Because we are committed to providing the highest possible quality and finding the neighborhoods that best meet your criteria, we use census tracts. And, as always, we show you the actual street map of the neighborhood so you know exactly where your best matching neighborhood is located.
What is a Condition Alert?
A condition alert is a condition in the neighborhood that triggers an alert. NeighborhoodScout contains condition alerts to highlight conditions that are extreme, whether good or bad. This helps answer crucial questions about the state of the neighborhood being evaluated, such as:
What are the risks of violent crime here?
Is the risk of home break-ins or other property crimes increasing?
Does real estate here hold its value?
Are the trends in local vacancies or unemployment concerning?
...and dozens more.
Information at a glance that you need to know to invest, appraise or finance a property.
Caldwell - Colt is a very small town located in the state of Arkansas. With a population of 1,991 people and just one neighborhood, Caldwell - Colt is the 152nd largest community in Arkansas.
Occupations and Workforce
Unlike some towns, Caldwell - Colt isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Caldwell - Colt are a mix of both white- and blue-collar jobs. Overall, Caldwell - Colt is a town of service providers, sales and office workers, and construction workers and builders. There are especially a lot of people living in Caldwell - Colt who work in sales jobs (14.55%), management occupations (9.26%), and office and administrative support (8.73%).
Setting & Lifestyle
It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Caldwell - Colt has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Caldwell - Colt has few renters and college students. But the biggest reason it is quieter in Caldwell - Colt than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Caldwell - Colt may be for you.
Being a small town, Caldwell - Colt does not have a public transit system used by locals to get to and from work.
Demographics
The rate of college-level education in Caldwell - Colt is quite a bit lower than the national average among all cities of 21.84%: just 12.09% of people here over 25 have a bachelor's degree or an advanced degree.
The per capita income in Caldwell - Colt in 2022 was $25,715, which is middle income relative to Arkansas, and lower middle income relative to the rest of the US. This equates to an annual income of $102,860 for a family of four. However, Caldwell - Colt contains both very wealthy and poor people as well.
Caldwell - Colt is a very ethnically-diverse town. The people who call Caldwell - Colt home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Caldwell - Colt residents report their race to be White, followed by Black or African-American. Important ancestries of people in Caldwell - Colt include English, German, Irish, Scottish, and Italian.
The most common language spoken in Caldwell - Colt is English. Other important languages spoken here include Spanish and Korean.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
Modes of Transportation
Our research reveals that 92.1% of commuters who live in the neighborhood get to work each day by driving alone in their automobiles, which is a higher proportion than 98.6% of U.S. neighborhoods.
Occupations
It used to be that most Americans lived on the farm, or otherwise made their living from the land, the forests, or the sea. With global trade and an economy increasingly based on providing services to one another, fewer people farm, fish or harvest timber now than at any time in American history. But according to NeighborhoodScout's leading analysis, the neighborhood stands apart from most American neighborhood due to the proportion of its residents still working in these fields. With 5.8% of the workforce so employed, this neighborhood has a greater concentration of such workers than 97.6% of U.S. neighborhoods.
Real Estate
Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 42 residents per square mile, is less crowded than 90.6% of all U.S. neighborhoods.
The Neighbors
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Caldwell - Colt are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.3% of U.S. neighborhoods. With 21.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.9% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 31.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (21.8%), and 14.9% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the neighborhood is English, spoken by 99.0% of households.
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Caldwell - Colt, AR, residents most commonly identify their ethnicity or ancestry as English (19.5%). There are also a number of people of German ancestry (8.4%), and residents who report Irish roots (6.7%), and some of the residents are also of Scottish ancestry (2.0%), along with some Mexican ancestry residents (1.6%), among others.
Getting to Work
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (47.0% of working residents), one of the shortest commutes across America.
Here most residents (92.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
SCOUT’s patented match algorithm identifies the most similar neighborhoods to a subject location, and quantifies the similarity to the subject location. This allows analysts to identify the most similar neighborhoods in a local market area for appraisals, investments, and research.
The algorithm uses 273 neighborhood conditions, identifies the dominant dimensions underlying the conditions and calculates the similarity. This captures the true culture and character of locations, economic conditions, and trends.
The closer to 100% means the locations are nearly identical. 80% is a very good, but not excellent match, and so forth.
