Caroline 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. Caroline township indicates it has $50,615 median earnings which is the 2nd most of all the places in the area. The city with the highest median earnings in the area is Austin with an earnings of $51,746 is only slightly larger. Comparing median earnings to the United States average of $46,022, Caroline township is 10.0% larger. Also, measured against the state of Arkansas, median earnings of $37,301, Caroline township compares as 35.7% larger.

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 $74,281 median income which is the largest of all placesin the area. Comparing median income to the United States average of $57,652, Caroline township is 28.8% larger. Also, compared with the state of Arkansas, median income of $43,813, Caroline township is 69.5% larger.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has 39.3 average hours which is the 5th in average hours out of 10 total in the area. The city with the highest average hours in the area is Oak Grove township with an average hours of 40.9 is only about 4.1% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $24.77 average hourly earnings which is more than all other placesin the area. Comparing average hourly earnings to the United States average of $22.87, Caroline township is 8.3% larger. Also, versus the state of Arkansas, average hourly earnings of $18.25, Caroline township compares as 35.7% larger.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Caroline township reveals it has 13.1% Self Employed which is the 2nd most of all the places in the area. The city with the highest Self Employed in the area is Austin with a Self Employed of 15.4% is 17.8% larger.

Turning our attention to Figure 8, the median household income by age group, has Median Income for those under 25 years of age the 2nd smallest Median Income for those under 25 years of age of all the other places in the area at $33,319 of the total and is ranked 2nd last in the group. Second, it has the largest proportion of Median Income-25 to 44 years at $82,530 of the total and is ranked #1. Also, it has the largest proportion of Median Income-65 years and over at $54,137 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 22.9% households with retirement income which is the 2nd most of all the places in the area. The city with the highest households with retirement income in the area is Oak Grove township with a households with retirement income of 24.2% is only about 5.6% larger.

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

Caroline 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 shows 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 indicates 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 Caroline township shows it has 3.4% unemployment rate which is the 2nd most of all the places in the area. The city with the highest unemployment rate in the area is Austin with a rate of 3.9% is 16.9% larger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Caroline township points out it has 71.6% participation rate which is the 3d most of all other places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Caroline township shows full time employees is approximately 3.3 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. Caroline township shows it has 27.0% families with a single earner which is the 4th 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 Ward township, Lonoke County, Arkansas with a single earners rate of 42.8% is 58.7% larger. The percentage of families with no one working is depicted in Figure 22. Caroline township indicates it has 8.6% 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 Oak Grove township with a families with no worker of 15.3% measures 78.2% larger.

Caroline 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. Caroline township shows it has 452 total people earning less than the poverty level which is the 5th in total people earning less than the poverty level out of 10 total in the area. The city with the highest total people earning less than the poverty level in the area is Cabot with a total people earning less than the poverty level of 3,253 is very much bigger.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Caroline township shows it has 6.5% percent of people earning less than the poverty level which is the 4th smallest percent of people earning less than the poverty level of all the other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Ward township, Lonoke County, Arkansas with a percent of people in poverty of 13.9% measures about twice as large.

In Figure 25 people who are in poverty are broken out by age group. Caroline township has the largest proportion of person in poverty 65+ years at 13% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Caroline township has the largest proportion of Black poverty rate at 49% of the total and is ranked #1. 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 Caroline township shows it has 7.0% households with public assistance which is the 5th 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 Ward township, Lonoke County, Arkansas with a households with public assistance of 15.6% is approximately 2.2 times bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Caroline township indicates it has 31.0% the Gini Index which is the 6th in the Gini Index out of 10 total in the area.

Caroline township Arkansas Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Caroline township has the largest proportion of people who leave for work between 12noon to 4pm at 10% 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. Caroline township has the largest proportion of people with commute time between 40 to 44 minutes at 11% of the total and is ranked #1.

The average commute time is shown in Figure 37. Caroline township indicates it has 31 average commute time which is the 4th in average commute time out of 10 total in the area. Figure 38 shows the difference between male versus female commuting time and Caroline township indicates average commute time in minutes for men is 59.4% larger than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Caroline township has the largest proportion of 4 vehicles available at 7% 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.) Caroline township points out it has 10% people who both work and live in the same city which is the 4th in people who both work and live in the same city out of 10 total in the area. The city with the highest people who both work and live in the same city in the area is Oak Grove township with a people who both work and live in the same city of 39% is approximately 3.9 times bigger. Comparing people who both work and live in the same city to the United States average of 42%, Caroline township is approximately a quarter the size. Also, measured against the state of Arkansas, people who both work and live in the same city of 51%, Caroline township is approximately a fifth the size.

Caroline 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. Caroline township shows it has hightest median earnings of $82,344 for Management, business, and financial occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Caroline township indicates it has hightest median earnings of $54,461 for Management, business, and financial occupations.

Caroline township Arkansas Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Caroline township illustrates it has hightest entrepreneurs of 88% for self employed management, business, science, and arts 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. Caroline township shows it has hightest entrepreneurs of 56% for self employed in construction.

In Figure 51 the average annual self employment income is shown. Caroline township shows it has $26,553 average annual self employment income which is the 6th in average annual self employment income out of 10 total in the area. The city with the highest average annual self employment income in the area is Cabot with an average annual self employment income of $51,204 is about twice as large. Comparing average annual self employment income to the United States average of $36,502, Caroline township measures approximately three-fourths the size. Also, measured against the state of Arkansas, average annual self employment income of $32,820, Caroline township compares as about 23.6% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women. Caroline township shows total number of self-employed men is 33.0% larger than total number of self-employed women.