Bald Knob township Arkansas Income Charts

This section shows the economic outlook and local economy using the most recent economic data from the 2018 Census Bureau. Starting with Figure 1 which shows the median earnings per worker. Bald Knob township indicates it has $36,728 median earnings which is the 3d most of all other places in the area. The city with the highest median earnings in the area is Cypert township with an earnings of $75,809 is about twice as large. Comparing median earnings to the United States average of $46,022, Bald Knob township is approximately three-fourths the size. Also, in contrast to the state of Arkansas, median earnings of $37,301, Bald Knob township is about the same size.

In Figure 2 we see a more complete view of income which includes all members in a household using the median household income and it has $27,589 median income which is the 5th in median income out of 10 total in the area. The city with the highest median income in the area is Harrison township, White County, Arkansas with an income of $45,824 is 66.1% larger. Comparing median income to the United States average of $57,652, Bald Knob township measures approximately half the size. Also, measured against the state of Arkansas, median income of $43,813, Bald Knob township is approximately three-fourths the size.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has 38.4 average hours which is the 4th in average hours out of 10 total in the area. The city with the highest average hours in the area is Russell with an average hours of 40.8 measures 6.2% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $18.39 average hourly earnings which is the 2nd most of all the places in the area. The city with the highest average hourly earnings in the area is Harrison township, White County, Arkansas with an average hourly earnings of $19.53 is 6.2% larger. Comparing average hourly earnings to the United States average of $22.87, Bald Knob township is about 24.3% smaller. Also, measured against the state of Arkansas, average hourly earnings of $18.25, Bald Knob township is about the same size.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Bald Knob township shows it has 6.6% Self Employed which is the 5th in Self Employed out of 10 total in the area. The city with the highest Self Employed in the area is Cypert township with a Self Employed of 9.4% is 41.5% larger.

Turning our attention to Figure 8, the median household income by age group, has Median Income for those under 25 years of age in the mid range of other places in the area at $15,000 of the total and is ranked in the middle of the group.

In terms of the source of where income comes from, in Figure 9 Bald Knob township has the largest proportion of Public Assistance and SSI at 2.9% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has 21.9% households with retirement income which is the 3d most of all other places in the area. The city with the highest households with retirement income in the area is Bald Knob with a households with retirement income of 25.5% is 16.6% larger.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has Overall Family Income less than most other places in the area at $34,286 of the total and is ranked 3d last in the group. Second, it has White Family Income in the intermediate range of other places in the area at $34,970 of the total and is ranked in the middle of the group. Also, it has the largest proportion of Black Family Income at $69,500 of the total and is ranked #1.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Bald Knob township illustrates it has hightest cost of 97.9 for Cost of grocery items.

Bald Knob township Arkansas Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data from the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall measure for the United States. It illustrates that from January 2011 to January 2019 the Monthly Unemployment Rate went from 7.3% to 3.7%. This represents a decrease in the Monthly Unemployment Rate of 49.3%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. The participation level It reveals that from March 2011 to September 2018 the Monthly Labor Force Participation went from 11,423 to 11,970. This represents an increase in the Monthly Labor Force Participation of 4.8%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Bald Knob township shows it has 5.7% unemployment rate which is the 4th in unemployment rate out of 10 total in the area. The city with the highest unemployment rate in the area is Judsonia with a rate of 7.9% is 38.6% larger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Bald Knob township shows it has 45.2% participation rate which is the 4th in participation rate out of 10 total in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Bald Knob township shows full time employees is approximately 3.2 times bigger than part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner. Bald Knob township reveals it has 34.9% families with a single earner which is the 5th in families with a single earner out of 10 total in the area. The city with the highest families with a single earner in the area is Cypert township with a single earners rate of 73.4% compares as about twice as large. The percentage of families with no one working is depicted in Figure 22. Bald Knob township indicates it has 23.1% families with no one working which is the 4th in families with no one working out of 10 total in the area. The city with the highest families with no one working in the area is Cypert township with a families with no worker of 26.6% is 14.9% larger.

Bald Knob township Arkansas Poverty Charts

The next section details information about poverty in the area. In Figure 23 the total number of people earning less than the poverty level are shown. Bald Knob township demonstrates it has 1,264 total people earning less than the poverty level which is the largest of all placesin the area.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Bald Knob township demonstrates it has 30.3% percent of people earning less than the poverty level which is the 5th in percent of people earning less than the poverty level out of 10 total in the area. The city with the highest percent of people earning less than the poverty level in the area is West Point with a percent of people in poverty of 39.3% is 29.6% larger.

In Figure 25 people who are in poverty are broken out by age group. Bald Knob township has person in poverty Under 12 Years less than most other places in the area at 24% of the total and is ranked 3d last in the group.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Bald Knob township has White poverty rate less than most other places in the area at 28% of the total and is ranked 3d last in the group. Second, it has the largest proportion of Hispanicp poverty rate at 93% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Bald Knob township has Has some college and in poverty in the middle of other places in the area at 21% of the total and is ranked in the middle of the group. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) We can see that Bald Knob township illustrates it has 21.4% households with public assistance which is the 4th in households with public assistance out of 10 total in the area. The city with the highest households with public assistance in the area is Cypert township with a households with public assistance of 67.2% measures approximately 3.1 times bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Bald Knob township illustrates it has 42.4% the Gini Index which is the 2nd most of all the places in the area.

Bald Knob township Arkansas Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Bald Knob township has the largest proportion of people who leave for work between 6am to 630am at 14% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Bald Knob township has people with commute time between 5 to 9 minutes in the middle of other places in the area at 16% of the total and is ranked in the middle of the group. Second, it has the largest proportion of people with commute time between 20 to 24 minutes at 21% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 45 to 59 minutes at 9% of the total and is ranked #1.

The average commute time is shown in Figure 37. Bald Knob township illustrates it has 23 average commute time which is the largest of all placesin the area. Figure 38 shows the difference between male versus female commuting time and Bald Knob township illustrates average commute time in minutes for men is 8.8% larger than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Bald Knob township has the largest proportion of No vehicle available at 3% of the total and is ranked #1. Second, it has the largest proportion of 5 or more vehicles available at 6% of the total and is ranked #1. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Bald Knob township shows it has 22% people who both work and live in the same city which is the 2nd most of all the places in the area. The city with the highest people who both work and live in the same city in the area is West Point with a people who both work and live in the same city of 35% is 59.4% larger. Comparing people who both work and live in the same city to the United States average of 42%, Bald Knob township is approximately half the size. Also, in comparison with the state of Arkansas, people who both work and live in the same city of 51%, Bald Knob township is approximately half the size.

Bald Knob township Arkansas Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Bald Knob township shows it has hightest median earnings of $66,250 for Earnings-Computer, engineering, and science occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Bald Knob township indicates it has hightest median earnings of $47,721 for Earnings-Healthcare practitioners and tech occupations.

Bald Knob township Arkansas Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Bald Knob township indicates it has hightest entrepreneurs of 100% for self employed in sales and office related businesses.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories. Bald Knob township reveals it has hightest entrepreneurs of 100% for self employed in construction.

In Figure 51 the average annual self employment income is shown. Bald Knob township illustrates it has $27,517 average annual self employment income which is the 2nd most of all the places in the area. The city with the highest average annual self employment income in the area is Bald Knob with an average annual self employment income of $33,472 is 21.6% larger. Comparing average annual self employment income to the United States average of $36,502, Bald Knob township is approximately three-fourths the size. Also, versus the state of Arkansas, average annual self employment income of $32,820, Bald Knob township is about 19.3% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women. Bald Knob township illustrates total number of self-employed men is about 10.9% smaller than total number of self-employed women.