Cross County Income Charts

This section shows the Cross County Arkansas economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Cross County depicts it has a Median earnings of $40,460 which is the third most of all other counties in the local area. The county with the highest median earnings per worker in the area is Woodruff County which shows a median earnings of $44,262 (9.4% larger). Comparing median earnings per worker to the United States average of $53,269, Cross County is approximately three-fourths the size. Also, measured against the state of Arkansas, median earnings per worker of $43,103, Cross County is about 6.5% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $45,247 which is the second most median income of all the counties in the greater Cross County region. The county with the highest median household income in the area is Crittenden County which shows a median income of $46,452 (only about 2.7% larger). Comparing median household income to the United States average of $69,021, Cross County is approximately three-fourths the size. Also, compared to the state of Arkansas, median household income of $52,123, Cross County is about 15.2% smaller.

The next section examines a variety of different income statistics for the Cross County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $75,000 and $99,999 at 3.0% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 41.1 which is the third most average hours of all other counties in the greater Cross County region. The county with the highest average hours in the area is Woodruff County which shows an average hours of 42.5 (only about 3.4% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $18.93 which is in the middle range of other counties in the area. The county with the highest average hourly earnings in the area is Crittenden County which depicts an average hourly earnings of $20.69 (9.3% larger). Comparing average hourly earnings to the United States average of $26.40, Cross County is approximately three-fourths the size. Also, in comparison with the state of Arkansas, average hourly earnings of $20.98, Cross County is about 10.8% smaller.

Figure 7 examines the number of self employed people in the Cross County metro area based on the number of people who reported any self employment income. Cross County depicts it has a Self Employed of 10.6% which is in the mid range of other counties in the metro area. The county with the highest percentage of people self employed in the area is Lee County which shows a percentage self employed of 12.7% (19.2% larger).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $55,402 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $55,776 of the total and is ranked #1. Third, it has in the mid range of other counties in the greater region in terms of median income-45 to 64 years at $31,626 of the total.

Figure 9 breaks down the source of income and Cross County has the smallest proportion of social security at 0.8% of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 19.2% which is the third most households with retirement income of all other counties in the greater Cross County region. The county with the highest households with retirement income in the area is Lee County which shows a households with retirement income of 27.0% (40.4% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $71,620 of the total and is ranked #3. Only #2 Woodruff County ($78,333), and #1 Crittenden County ($84,289) are larger. Second, it has the second smallest as measured by overall family income of all the other counties in the greater region as measured by white family income at $33,673 of the total. Third, it has one of the largest proportions of hawaiian family income at $65,383 of the total and is ranked #2. The only larger county being Lee County with $75,547.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Cross County shows it has the hightest cost of 97.5 for the cost of grocery items grouping.

Cross County Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at 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 national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It depicts that from February 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 9.3% to 4.5% in February 2020. This represents a decrease in the monthly unemployment rate of 51.6%. Since that time, the monthly unemployment rate has gone to 3.9% This represents a decrease in the monthly unemployment rate of 13.3%. 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. . It depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 8,425 to 7,472 in March 2020. This represents a decrease in the monthly labor force participation of 11.3%. Since that time, the monthly labor force participation has gone to 6,870 This represents a decrease in the monthly labor force participation of 8.1%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Cross County depicts it has a Unemployment Rate of 4.8% which is in the center range of other counties in the local area. The county with the highest unemployment rate in the area is Crittenden County which shows a rate of 6.2% (29.3% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Cross County depicts it has a Labor Force Participation of 58.5% which is the second most participation rates of all the counties in the greater Cross County region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Cross County shows full time employees substantially bigger as the 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 in the greater Cross County area. Cross County shows it has a Single Earner Families of 22.0% which is the smallest in order of families with a single earner of all the other counties in the local area. The county with the highest families with a single earner in the area is St Francis County which shows a single earners rate of 42.4% (about twice as large). The percentage of families with no one working is depicted in Figure 22. Cross County depicts it has a Families with No One Working of 23.1% which is the third most families with no one working of all other counties in the greater Cross County region. The county with the highest families with no one working in the area is Lee County which shows a families with no worker of 25.5% (10.2% larger).

Cross County Poverty Charts

The next section details economy analysis about poverty for residents of the Cross County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Cross County depicts it has a Total In Poverty of 2,940 which is less than most other counties in the metropolitan area. The county with the highest total people earning less than the poverty level in the area is Crittenden County which shows a total people earning less than the poverty level of 9,434 (approximately 3.2 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Cross County depicts it has a Percent of Population In Poverty of 17.6% which is the smallest when sorted by percent of people earning less than the poverty level of all the other counties in the area. The county with the highest percent of people earning less than the poverty level in the area is St Francis County which shows a percent of people in poverty of 28.5% (61.9% larger).

In Figure 25 people who are in poverty are broken out by age group. Cross County has the smallest proportion of person in poverty under 12 years at 6% of the total. Second, it has the smallest proportion of person in poverty 12 to 17 years at 16% of the total. Third, it has the largest proportion of person in poverty 55 to 64 years at 18% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Cross County has the smallest proportion of white poverty rate at 24% of the total. Second, it has the largest proportion of black poverty rate at 100% of the total and is ranked #1. Third, it has the smallest proportion of hawaiian poverty rate at 1% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Cross County has the smallest proportion of married with children and in poverty at 37% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 38% of the total. Third, it has one of the largest proportions of unmarried female with children and in poverty at 33% of the total and is ranked #2. The only larger county being St Francis County with 72%.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Cross County has the smallest proportion of less than highschool in poverty at 15% of the total. Second, it has the smallest proportion of has some college and in poverty at 1% of the total. 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.) Cross County indicates it has a Public Assistance Percent of 12.9% which is the smallest in terms of households with public assistance of all the other counties in the area. The county with the highest households with public assistance in the area is Lee County which shows a households with public assistance of 26.5% (about twice as large).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Cross County indicates it has a Gini Index of 46.1% which is less than most other counties in the metropolitan area.

Cross County Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Cross County or elsewhere.) Cross County has the largest proportion of people who carpooled at 14% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Cross County has the largest proportion of people who leave for work between 12am to 5am at 7% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 830 am to 9am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Cross County has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other counties in the local area at 15% of the total. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 18% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 45 to 59 minutes at 10% of the total and is ranked #1.

The average commute time is shown in Figure 37. Cross County indicates it has a Avg Commute Time of 25 which is the second most of all the counties in the greater region. Figure 38 shows the difference between male versus female commuting time. Cross County shows average commute time in minutes for men 53.0% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Cross County has the percentage of no vehicle available less than most other counties in the greater region at 20% of the total. Second, it has one of the largest proportions of 1 vehicle available at 45% of the total and is ranked #2. The only larger county being Woodruff County with 48%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Cross County shows it has a Work in city or place where live of 44% which is less than most other counties in the local area. The county with the highest people who both work and live in the same city in the area is St Francis County which indicates a people who both work and live in the same city of 54% (24.1% larger). Comparing people who both work and live in the same city to the United States average of 44%, Cross County is about the same size. Also, benchmarked against the state of Arkansas, people who both work and live in the same city of 51%, Cross County is about 15.8% smaller.

Cross County 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. Cross County depicts it has the hightest median earnings of $98,375 for the earnings-computer, engineering, and science occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Cross County depicts it has the hightest median earnings of $50,139 for the management, business, and financial occupations classification. The table in Figure 48, shows Cross County employment data in terms of job categories and salary data.

Cross County Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Cross County depicts it has the hightest entrepreneurs of 45% for the self employed management, business, science, and arts businesses group.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Cross County shows it has the hightest entrepreneurs of 22% for the self employed in professional, scientific, management, administrative services category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Cross County depicts it has a Self Employment Income of $30,050 which is the smallest when ranked by average annual self employment income of all the other counties in the metropolitan area. The county with the highest average annual self employment income in the area is Lee County which shows an average annual self employment income of $50,158 (66.9% larger). Comparing average annual self employment income to the United States average of $42,141, Cross County is approximately three-fourths the size. Also, in comparison with the state of Arkansas, average annual self employment income of $37,208, Cross County is about 23.8% smaller.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Cross County depicts total number of self-employed men about twice as large as the total number of self-employed women.