Population 231 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Formosa
Household size in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 2.55 | 2.54 | 2.68 |
| 2010–14 | 2.56 | 2.57 | 2.73 |
| 2015–19 | 2.84 | 2.55 | 2.71 |
| 2020–24 | 2.48 | 2.53 | 2.65 |
| Change | −0.07 | −0.00 | −0.03 |
Households in Formosa run small, averaging 2.48 people against 2.65 nationally, which usually means more singles and couples and fewer children. The picture is much the same across Arkansas.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 42.8 | 37.9 | 37.7 |
| 2010–14 | 44.5 | 38.7 | 38.6 |
| 2015–19 | 41.1 | 39.5 | 39.6 |
| 2020–24 | 43.9 | 39.6 | 40.1 |
| Change | +1.0 | +1.7 | +2.3 |
Formosa skews older than the country: its median age is 43.9, against 40.1 nationally. The median age has climbed from 42.8 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 7.3% | 12.5% | 12.3% |
| 2010–14 | 8.5% | 12.5% | 12.3% |
| 2015–19 | 20.9% | 12.3% | 11.6% |
| 2020–24 | 19.5% | 12.3% | 11.6% |
| Change | +12.2 pts | −0.2 pts | −0.6 pts |
Single-parent households are common in Formosa: 19.5% of all households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Formosa
Renters in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 20.8% | 32.3% | 33.3% |
| 2010–14 | 8.6% | 33.5% | 35.6% |
| 2015–19 | 13.7% | 34.4% | 36.0% |
| 2020–24 | 21.6% | 33.6% | 34.8% |
| Change | +0.7 pts | +1.3 pts | +1.5 pts |
Only 21.6% of households in Formosa rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Just over six in ten owners (62.2%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 32.4% | 13.4% | 11.4% |
| 2010–14 | 22.2% | 13.9% | 11.4% |
| 2015–19 | 32.8% | 14.4% | 11.1% |
| 2020–24 | 23.2% | 13.1% | 9.6% |
| Change | −9.2 pts | −0.3 pts | −1.8 pts |
Vacancy is high in Formosa: 23.2% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 1985 | 1981 | 1974 |
| 2010–14 | 1982 | 1983 | 1975 |
| 2015–19 | 1991 | 1985 | 1977 |
| 2020–24 | 1988 | 1988 | 1980 |
| Change | +3 | +6 | +6 |
Formosa has newer housing than the country as a whole: the median home was built in 1988, versus 1980 nationally. Arkansas as a whole looks much the same.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | $668 | $660 | $965 |
| 2010–14 | $573 | $718 | $1,040 |
| 2015–19 | $696 | $785 | $1,213 |
| 2020–24 | $1,025 | $1,007 | $1,571 |
| Change | +$357 | +$346 | +$606 |
Rent in Formosa runs $1,025 a month at the median, utilities included, well below the U.S. median of $1,571. That is in line with the rest of Arkansas. Rent takes 34.6% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Formosa
Bachelor's degrees in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 10.3% | 20.6% | 28.4% |
| 2010–14 | 15.9% | 21.8% | 29.6% |
| 2015–19 | 11.0% | 23.8% | 32.1% |
| 2020–24 | 7.7% | 26.2% | 35.6% |
| Change | −2.6 pts | +5.6 pts | +7.2 pts |
College degrees are relatively uncommon in Formosa: 7.7% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 75.9% | 82.6% | 84.9% |
| 2010–14 | 79.5% | 84.6% | 86.1% |
| 2015–19 | 89.0% | 86.6% | 87.7% |
| 2020–24 | 94.5% | 88.7% | 89.3% |
| Change | +18.7 pts | +6.1 pts | +4.3 pts |
High school completion is high in Formosa: 94.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Formosa
| Period | Formosa | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 8.1% | 7.7% | 8.1% |
| 2010–14 | 8.9% | 8.4% | 9.4% |
| 2015–19 | 4.2% | 5.2% | 5.6% |
| 2020–24 | 3.6% | 5.1% | 5.4% |
| Change | −4.5 pts | −2.6 pts | −2.7 pts |
Unemployment in Formosa runs below the national rate: 3.6% of the labor force was out of work and looking, against 5.4% nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Formosa compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Formosa | 2.48 | 43.9 | 19.5% | 21.6% | 23.2% | 1988 | $1,025 | 7.7% | 94.5% | 3.6% |
| Whipple | 2.52 | 46.6 | 11.1% | 19.7% | 18.5% | 1990 | $947 | 13.3% | 84.5% | 1.5% |
| Culpeper | 2.26 | 37.1 | 15.4% | 49.8% | 19.1% | 1979 | $819 | 12.8% | 86.9% | 0.0% |
| Pleasant Grove | 2.57 | 42.9 | 13.1% | 31.6% | 26.6% | 1988 | $1,043 | 6.6% | 89.6% | 5.8% |
| Southside | 2.50 | 46.2 | 13.9% | 18.5% | 19.1% | 1990 | $880 | 12.1% | 87.3% | 1.7% |
| Scotland | 2.52 | 42.1 | 13.3% | 34.3% | 25.6% | 1987 | $1,010 | 7.5% | 89.2% | 4.9% |
| Bee Branch | 2.33 | 47.4 | 10.4% | 28.8% | 19.9% | 1991 | $1,037 | 12.2% | 87.1% | 0.9% |
| Center Ridge | 2.45 | 42.0 | 21.6% | 21.5% | 10.5% | 1989 | $1,698 | 18.6% | 92.6% | 5.5% |
| Clinton | 2.24 | 45.0 | 15.0% | 25.6% | 21.5% | 1988 | $708 | 14.9% | 86.6% | 3.5% |
| Choctaw | 2.07 | 41.9 | 8.7% | 40.5% | 27.6% | 1992 | $698 | 20.4% | 88.1% | 1.6% |
| Gravel Hill | 2.52 | 42.8 | 16.9% | 29.3% | 21.5% | 1988 | $970 | 10.1% | 90.9% | 6.3% |
All figures 2020–24.
Cities with similar populations: Winslows Mills, ME · Lone Tree, SD · Van Orin, IL · Lucas, MO · Ludlow, CO · Witoka, MN · Ukiah, OR · Lynville, MS · Two Buttes, CO · Macedonia, PA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Formosa. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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