Banner township, Saline County, Arkansas Arkansas Income Charts

This section shows the economic outlook and local economy using the most recent economic data from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker. Banner township, Saline County, Arkansas shows it has $48,074 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 East End with an earnings of $48,893 measures only slightly larger. Comparing median earnings to the United States average of $47,712, Banner township, Saline County, Arkansas is about the same size. Also, in comparison with the state of Arkansas, median earnings of $38,970, Banner township, Saline County, Arkansas is 23.4% 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 $59,239 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 Simpson township with an income of $71,136 compares as 20.1% larger. Comparing median income to the United States average of $60,293, Banner township, Saline County, Arkansas measures about the same size. Also, in comparison with the state of Arkansas, median income of $45,726, Banner township, Saline County, Arkansas compares as 29.6% 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 $75,000 and $99,999 at 8.6% 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 39.7 average hours which isthe 4th ranked in average hours out of 10 total in the area. The city with the highest average hours in the area is Landmark with an average hours of 40.7 is only about 2.5% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $23.29 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 East End with an average hourly earnings of $23.51 is about the same size. Comparing average hourly earnings to the United States average of $23.71, Banner township, Saline County, Arkansas is about the same size. Also, benchmarked against the state of Arkansas, average hourly earnings of $19.02, Banner township, Saline County, Arkansas is 22.4% 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. Banner township, Saline County, Arkansas shows it has 11.4% 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 Landmark with a Self Employed of 12.6% is 10.7% larger.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of Median Income for those under 25 years of age at $57,596 of the total and is ranked #1. Second, it has the largest proportion of Median Income-45 to 64 years at $77,829 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 17.2% households with retirement income which isthe 5th ranked 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 Simpson township with a households with retirement income of 25.1% is 45.7% larger.

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 $73,958 of the total and is ranked #1. Second, it has the largest proportion of White Family Income at $75,185 of the total and is ranked #1. Also, it has the largest proportion of Black Family Income at $67,031 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. Banner township, Saline County, Arkansas indicates it has hightest cost of 104.1 for cost of utilities.

Banner township, Saline County, Arkansas 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 8.8% to 4.0%. This represents a decrease in the Monthly Unemployment Rate of 54.5%. 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 98,025 to 97,970. This represents a decrease in the Monthly Labor Force Participation of very little.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Banner township, Saline County, Arkansas shows it has 3.8% unemployment rate which is the 3d most of all other places in the area. The city with the highest unemployment rate in the area is Simpson township with a rate of 9.0% is approximately 2.4 times bigger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Banner township, Saline County, Arkansas indicates it has 61.6% participation rate which is the 2nd most of all the places in the area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Banner township, Saline County, Arkansas shows full time employees is very much 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. Banner township, Saline County, Arkansas shows it has 23.1% families with a single earner which isthe 5th ranked 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 Wrightsville with a single earners rate of 42.6% is about twice as large. The percentage of families with no one working is depicted in Figure 22. Banner township, Saline County, Arkansas illustrates it has 20.4% families with no one working which is the 3d most of all other places in the area. The city with the highest families with no one working in the area is Woodson with a families with no worker of 60.6% compares as approximately 3.0 times bigger.

Banner township, Saline County, Arkansas 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. Banner township, Saline County, Arkansas shows it has 413 total people earning less than the poverty level which is the 2nd most of all the places in the area. The city with the highest total people earning less than the poverty level in the area is East End with a total people earning less than the poverty level of 415 is about the same size.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Banner township, Saline County, Arkansas reveals it has 6.0% percent of people earning less than the poverty level which isthe 6th ranked 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 Woodson with a percent of people in poverty of 43.4% is markedly bigger.



The next chart, Figure 26, shows the percentage of people in poverty by racial group. Banner township, Saline County, Arkansas has the largest proportion of Hispanicp poverty rate at 33% 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 Banner township, Saline County, Arkansas indicates it has 7.4% households with public assistance which is the 4th smallest households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Hensley with a households with public assistance of 35.7% is approximately 4.8 times bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Banner township, Saline County, Arkansas indicates it has 38.2% the Gini Index which isthe 4th ranked in the Gini Index out of 10 total in the area.

Banner township, Saline County, Arkansas 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.) Banner township, Saline County, Arkansas has the largest proportion of people who work at home at 5% 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 Banner township, Saline County, Arkansas has the largest proportion of people who work at home at 5% 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. Banner township, Saline County, Arkansas has the largest proportion of people with commute time between 10 to 14 minutes at 8% of the total and is ranked #1.

The average commute time is shown in Figure 37. Banner township, Saline County, Arkansas shows it has 27 average commute time which isthe 4th ranked in average commute time out of 10 total in the area. Figure 38 shows the difference between male versus female commuting time and Banner township, Saline County, Arkansas shows average commute time in minutes for men is about the same size than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Banner township, Saline County, Arkansas 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.) Banner township, Saline County, Arkansas shows it has 13% people who both work and live in the same city which is ranked #1 of all placesin the area. Comparing people who both work and live in the same city to the United States average of 42%, Banner township, Saline County, Arkansas measures approximately a third the size. Also, compared with the state of Arkansas, people who both work and live in the same city of 51%, Banner township, Saline County, Arkansas is approximately a quarter the size.

Banner township, Saline County, Arkansas 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. Banner township, Saline County, Arkansas shows it has hightest median earnings of $105,865 for Earnings-Healthcare practitioners and tech occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Banner township, Saline County, Arkansas shows it has hightest median earnings of $54,643 for Earnings-Healthcare practitioners and tech occupations.

Banner township, Saline County, Arkansas Arkansas Self Employment Charts

Figure 49 shows the number of people who are self employed in incorporated businesses by industry. Banner township, Saline County, Arkansas shows it has hightest entrepreneurs of 36% 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. Banner township, Saline County, Arkansas shows it has hightest entrepreneurs of 48% for self employed in professional, scientific, management, administrative services.

In Figure 51 the average annual self employment income is shown. Banner township, Saline County, Arkansas indicates it has $24,438 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 East End with an average annual self employment income of $25,934 is 6.1% larger. Comparing average annual self employment income to the United States average of $37,819, Banner township, Saline County, Arkansas compares as approximately three-fourths the size. Also, measured against the state of Arkansas, average annual self employment income of $33,965, Banner township, Saline County, Arkansas is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women. Banner township, Saline County, Arkansas shows total number of self-employed men is approximately 2.9 times bigger than total number of self-employed women.