Holly Creek 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. Holly Creek township demonstrates it has $32,917 median earnings which is the 6th in median earnings out of 10 total in the area. The city with the highest median earnings in the area is Clay township, Howard County, Arkansas with an earnings of $75,250 compares as approximately 2.3 times bigger. Comparing median earnings to the United States average of $46,022, Holly Creek township measures approximately three-fourths the size. Also, in comparison with the state of Arkansas, median earnings of $37,301, Holly Creek township is about 13.3% smaller.

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 $59,022 median income which is the 2nd most of all the places in the area. The city with the highest median income in the area is Blue Ridge township with an income of $91,458 is 55.0% larger. Comparing median income to the United States average of $57,652, Holly Creek township measures only slightly larger. Also, in comparison with the state of Arkansas, median income of $43,813, Holly Creek township is 34.7% 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. Holly Creek township illustrates it has 33.3% Self Employed which is more than all other placesin the area.

In terms of the source of where income comes from, in Figure 9 Holly Creek township has the largest proportion of Social Security at 36.1% 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 20.8% households with retirement income which is more than all other placesin the area.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Holly Creek township reveals it has hightest cost of 102.9 for cost of miscellaneous items.

Holly Creek 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 indicates that from January 2010 to January 2019 the Monthly Unemployment Rate went from 8.6% to 5.5%. This represents a decrease in the Monthly Unemployment Rate of 36.0%. 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 2010 to March 2019 the Monthly Labor Force Participation went from 16,228 to 15,597. This represents a decrease in the Monthly Labor Force Participation of 3.9%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Holly Creek township illustrates it has 21.5% unemployment rate which is the largest of all placesin the area. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Holly Creek township shows it has 49.3% participation rate which is the 5th in participation rate out of 10 total in the area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Holly Creek township has the largest proportion of unemployed at 21.5% of the total and is ranked #1.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner. Holly Creek township illustrates it has 60.0% families with a single earner which is the largest of all placesin the area.

Holly Creek township Arkansas Poverty Charts

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Holly Creek township indicates it has 19.7% the Gini Index which is the 6th in the Gini Index out of 10 total in the area.

Holly Creek township Arkansas Work Commute Charts

Figure 33 shows a more detailed view of how people get to work for this location and shows Holly Creek township has the largest proportion of people who drove alone at 100% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Holly Creek township has the largest proportion of people who leave for work between 6am to 630am at 40% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 8am to 830am at 17% 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. Holly Creek township has the largest proportion of people with commute time between 35 to 39 minutes at 10% of the total and is ranked #1.

Holly Creek township Arkansas Self Employment Charts

Figure 52 shows the difference between the number of self employed men and self employed women. Holly Creek township illustrates total number of self-employed men is about the same size than total number of self-employed women.