Mineral Springs 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. Mineral Springs township shows it has $27,786 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 Blue Bayou township with an earnings of $36,023 measures 29.6% larger. Comparing median earnings to the United States average of $46,022, Mineral Springs township is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, median earnings of $37,301, Mineral Springs township is approximately three-fourths the 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 $40,000 median income which is the 3d most of all other places in the area. The city with the highest median income in the area is Tollette township with an income of $41,458 compares as only about 3.6% larger. Comparing median income to the United States average of $57,652, Mineral Springs township is approximately three-fourths the size. Also, compared to the state of Arkansas, median income of $43,813, Mineral Springs township is about 9.5% smaller.

The next section examines a variety of different income statistics. In Figure 3 we see that it has the largest proportion of median earnings between $75,000 and $99,999 at 2.6% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has 42.2 average hours which is the highest of all placesin the area. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $12.66 average hourly earnings which is the 3d most of all other places in the area. The city with the highest average hourly earnings in the area is Tollette township with an average hourly earnings of $12.84 measures only slightly larger. Comparing average hourly earnings to the United States average of $22.87, Mineral Springs township is approximately half the size. Also, in comparison with the state of Arkansas, average hourly earnings of $18.25, Mineral Springs township is approximately three-fourths the 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. Mineral Springs township shows it has 9.3% Self Employed which is the 3d most of all other places in the area. The city with the highest Self Employed in the area is Franklin township, Howard County, Arkansas with a Self Employed of 37.5% is approximately 4.0 times bigger.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of Median Income-25 to 44 years at $41,111 of the total and is ranked #1. Second, it has the largest proportion of Median Income-45 to 64 years at $64,583 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 12.2% households with retirement income which is the 5th in households with retirement income out of 10 total in the area. The city with the highest households with retirement income in the area is Blue Bayou township with a households with retirement income of 40.9% is approximately 3.3 times bigger.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of Overall Family Income at $50,724 of the total and is ranked #1. Second, it has the largest proportion of White Family Income at $63,542 of the total and is ranked #1. Also, it has the largest proportion of Black Family Income at $50,795 of the total and is ranked #1. In addition, it has the largest proportion of Hispanic Family Income at $50,625 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. Mineral Springs township shows it has hightest cost of 102.9 for cost of miscellaneous items.

Mineral Springs 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 6.3% to 5.8%. This represents a decrease in the Monthly Unemployment Rate of 7.9%. 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 14,010 to 13,619. This represents a decrease in the Monthly Labor Force Participation of 2.8%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Mineral Springs township indicates it has 2.1% unemployment rate which is the 5th in unemployment rate out of 10 total in the area. The city with the highest unemployment rate in the area is Franklin township, Howard County, Arkansas with a rate of 12.2% is markedly bigger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Mineral Springs township indicates it has 65.7% 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. Mineral Springs township indicates full time employees is substantially 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. Mineral Springs township illustrates it has 33.3% families with a single earner which is the most of all placesin the area. The percentage of families with no one working is depicted in Figure 22. Mineral Springs township reveals it has 11.5% families with no one working which is the 5th 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 Franklin township, Howard County, Arkansas with a families with no worker of 34.8% measures approximately 3.0 times bigger.

Mineral Springs 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. Mineral Springs township shows it has 104 total people earning less than the poverty level which is the most 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. Mineral Springs township indicates it has 10.7% percent of people earning less than the poverty level which is the 3d most of all other places in the area. The city with the highest percent of people earning less than the poverty level in the area is Dillard township with a percent of people in poverty of 44.3% is approximately 4.1 times bigger.

In Figure 25 people who are in poverty are broken out by age group. Mineral Springs township has the largest proportion of person in poverty Under 12 Years at 37% of the total and is ranked #1. Second, it has the largest proportion of person in poverty 12 to 17 years at 19% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Mineral Springs township has the largest proportion of Black poverty rate at 13% 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 Mineral Springs township shows it has 13.3% households with public assistance which is the 6th 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 Dillard township with a households with public assistance of 25.0% is about twice as large.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Mineral Springs township demonstrates it has 46.7% the Gini Index which is the 5th in the Gini Index out of 10 total in the area.

Mineral Springs township Arkansas Work Commute Charts

Figure 32 shows a high level view of how people get to work (including the percent of people who work from home.) Mineral Springs township has the largest proportion of people who bicycle or walk to work at 1% of the total and is ranked #1. Figure 33 shows a more detailed view of how people get to work for this location and shows Mineral Springs township has the largest proportion of people who walked at 1% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Mineral Springs township has people who leave for work between 5am to 530am in the middle of other places in the area at 8% of the total and is ranked in the middle of the group. Second, it has people who leave for work between 6am to 630am in the intermediate range of other places in the area at 11% of the total and is ranked in the middle of the group. Also, it has the largest proportion of people who leave for work between 8am to 830am at 7% 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. Mineral Springs township has the largest proportion of people with commute time of less than 5 minutes at 8% of the total and is ranked #1.

The average commute time is shown in Figure 37. Mineral Springs township illustrates it has 18 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 Mineral Springs township shows 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 Mineral Springs township has 5 or more vehicles available in the mid range of other places in the area at 16% of the total and is ranked in the middle of the group. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Mineral Springs township indicates it has 29% people who both work and live in the same city which is more than all other placesin the area. Comparing people who both work and live in the same city to the United States average of 42%, Mineral Springs township is approximately three-fourths the size. Also, measured against the state of Arkansas, people who both work and live in the same city of 51%, Mineral Springs township is approximately half the size.

Mineral Springs 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. Mineral Springs township illustrates it has hightest median earnings of $105,268 for Management, business, and financial occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Mineral Springs township illustrates it has hightest median earnings of $37,222 for Management, business, and financial occupations.

Mineral Springs township Arkansas Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Mineral Springs township indicates it has hightest entrepreneurs of 67% 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. Mineral Springs township illustrates it has hightest entrepreneurs of 67% for self employed in agriculture, forestry, fishing and hunting, and mining.

In Figure 51 the average annual self employment income is shown. Mineral Springs township indicates it has $7,909 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 Mineral Springs with an average annual self employment income of $11,721 is 48.2% larger. Comparing average annual self employment income to the United States average of $36,502, Mineral Springs township measures approximately a fifth the size. Also, compared with the state of Arkansas, average annual self employment income of $32,820, Mineral Springs township measures approximately a quarter the size.

Figure 52 shows the difference between the number of self employed men and self employed women. Mineral Springs township shows total number of self-employed men measures about 22.2% smaller than total number of self-employed women.