Wesson 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. Wesson township indicates it has $27,679 median earnings which is the 5th in median earnings out of 10 total in the area. The city with the highest median earnings in the area is Cornie township with an earnings of $48,831 compares as 76.4% larger. Comparing median earnings to the United States average of $46,022, Wesson township is approximately three-fourths the size. Also, measured against the state of Arkansas, median earnings of $37,301, Wesson 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 $45,673 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 Cornie township with an income of $51,615 measures 13.0% larger. Comparing median income to the United States average of $57,652, Wesson township measures approximately three-fourths the size. Also, versus the state of Arkansas, median income of $43,813, Wesson township is only about 4.2% larger.

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 $10,000 and $14,999 at 31.0% of the total and is ranked #1. Second, it has median earnings between $20,000 and $49,999 less than most other places in the area at 31.0% of the total and is ranked 3d last in the group.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has 37.8 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 Junction City city-AR with an average hours of 39.5 is only about 4.5% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $14.08 average hourly earnings which is the 5th in average hourly earnings out of 10 total in the area. The city with the highest average hourly earnings in the area is Cornie township with an average hourly earnings of $28.20 is about twice as large. Comparing average hourly earnings to the United States average of $22.87, Wesson township is approximately three-fourths the size. Also, compared with the state of Arkansas, average hourly earnings of $18.25, Wesson township measures 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. Wesson township indicates it has 4.8% Self Employed which is the 4th in Self Employed out of 10 total in the area. The city with the highest Self Employed in the area is Junction City city-AR with a Self Employed of 11.9% is approximately 2.5 times bigger.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of Median Income-45 to 64 years at $72,656 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 20.3% 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 Cornie township with a households with retirement income of 43.5% measures about twice as large.

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 $67,750 of the total and is ranked #1. Second, it has the largest proportion of White Family Income at $66,576 of the total and is ranked #1. Also, it has the largest proportion of Black Family Income at $71,023 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. Wesson township indicates it has hightest cost of 99.3 for cost of miscellaneous items.

Wesson 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 2010 to January 2019 the Monthly Unemployment Rate went from 9.3% to 6.7%. This represents a decrease in the Monthly Unemployment Rate of 28.0%. 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 shows that from March 2010 to March 2019 the Monthly Labor Force Participation went from 20,486 to 19,751. This represents a decrease in the Monthly Labor Force Participation of 3.6%. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Wesson township illustrates it has 48.8% participation rate which is the 5th 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. Wesson township shows full time employees is approximately 2.7 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. Wesson township shows it has 30.3% families with a single earner which is the 6th 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 Junction City village-LA with a single earners rate of 57.4% is about twice as large. The percentage of families with no one working is depicted in Figure 22. Wesson township indicates it has 20.2% 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 Garner township, Union County, Arkansas with a families with no worker of 68.1% is approximately 3.4 times bigger.

Wesson 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. Wesson township indicates it has 17 total people earning less than the poverty level which is the 6th 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 El Dorado township with a total people earning less than the poverty level of 5,829 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. Wesson township illustrates it has 3.4% percent of people earning less than the poverty level which is the 6th 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 Junction City village-LA with a percent of people in poverty of 31.3% measures substantially bigger.

In Figure 25 people who are in poverty are broken out by age group. Wesson township has the largest proportion of person in poverty 55 to 64 years at 100% of the total and is ranked #1.

Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. We see that Wesson township has the largest proportion of people who are in poverty and not in Labor Force at 100.0% of the total and is ranked #1.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Wesson township shows it has 36.5% the Gini Index which is the 3d most of all other places in the area.

Wesson 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.) Wesson township has the largest proportion of people who take public transportation to work at 6% 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 Wesson township has the largest proportion of people who carpooled at 22% of the total and is ranked #1. Second, it has the largest proportion of people who take the bus at 6% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Wesson township has the largest proportion of people who leave for work between 12am to 5am at 15% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 25% of the total and is ranked #1. Also, it has the largest proportion of people who leave for work between 630 am to 7am at 28% 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. Wesson township has the largest proportion of people with commute time between 20 to 24 minutes at 60% of the total and is ranked #1.

The average commute time is shown in Figure 37. Wesson township shows it has 18 average commute time which is the 5th in average commute time out of 10 total in the area. Figure 38 shows the difference between male versus female commuting time and Wesson township reveals average commute time in minutes for men is 39.0% larger than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Wesson township has the largest proportion of 3 vehicles available at 25% of the total and is ranked #1. Second, it has the largest proportion of 4 vehicles available at 38% of the total and is ranked #1.

Wesson township Arkansas Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Wesson township illustrates 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. Wesson township shows it has hightest entrepreneurs of 100% for self employed in retail trade.