Prairie Grove is a somewhat small city located in the state of Arkansas. With a population of 7,605 people and two associated neighborhoods, Prairie Grove is the 53rd largest community in Arkansas. There's nothing like the smell of a brand new house, and in Prairie Grove, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Prairie Grove, and putting down their money on brand new construction. Prairie Grove’s real estate is, on average, some of the newest in the nation. Prairie Grove does seem to be experiencing an influx of affluent people, because the median household income is $56,541.00.

Prairie Grove real estate is some of the most expensive in Arkansas, although Prairie Grove house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.15% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

As is often the case in a small city, Prairie Grove doesn't have a public transportation system that people use for their commute.

The education level of Prairie Grove citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 18.68% of adults 25 and older in Prairie Grove have a college degree.

The per capita income in Prairie Grove in 2022 was $26,410, which is upper middle income relative to Arkansas, and lower middle income relative to the rest of the US. This equates to an annual income of $105,640 for a family of four. However, Prairie Grove contains both very wealthy and poor people as well.

Prairie Grove is a somewhat ethnically-diverse city. The people who call Prairie Grove home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Prairie Grove residents report their race to be White, followed by Asian. Important ancestries of people in Prairie Grove include English, German, Irish, Norwegian, and Scottish.

The most common language spoken in Prairie Grove is English. Other important languages spoken here include Italian and Spanish.