Cross County Income Charts

This section shows the Cross County Arkansas economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Cross County depicts it has a Median earnings of $39,002 which is the second most median earnings of all the counties in the greater Cross County region. The county with the highest median earnings per worker in the area is Crittenden County which depicts a median earnings of $40,698 (only about 4.3% larger). Comparing median earnings per worker to the United States average of $49,041, Cross County is approximately three-fourths the size. Also, measured against the state of Arkansas, median earnings per worker of $40,032, Cross County is only about 2.6% 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 $46,787 which is is the uppermost of the counties in the greater Cross County region. Comparing median household income to the United States average of $62,843, Cross County is approximately three-fourths the size. Also, measured against the state of Arkansas, median household income of $47,597, Cross County is about the same size.

The next section examines a variety of different income statistics for the Cross County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $20,000 and $49,999 at 23.9% 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 a Avg Hours Worked of 41.3 which is the second most average hours of all the counties in the greater Cross County region. The county with the highest average hours in the area is Woodruff County which depicts an average hours of 42.4 (only about 2.7% 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 $18.16 which is the third most average hourly earnings of all other counties in the greater Cross County region. The county with the highest average hourly earnings in the area is Crittenden County which shows an average hourly earnings of $19.32 (6.4% larger). Comparing average hourly earnings to the United States average of $24.31, Cross County is approximately three-fourths the size. Also, measured against the state of Arkansas, average hourly earnings of $19.54, Cross County is about 7.6% 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 10.8% which is the third most people self employed of all other counties in the greater Cross County region. The county with the highest percentage of people self employed in the area is Lee County which depicts a percentage self employed of 12.5% (16.5% 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 $55,000 of the total and is ranked #1. Second, it has the largest proportion of median income-25 to 44 years at $54,956 of the total and is ranked #1. Third, it has one of the largest proportions of median income-45 to 64 years at $32,411 of the total and is ranked #2. The only larger county being Poinsett County with $37,105.

Figure 9 breaks down the source of income and Cross County has the smallest proportion of social security at 1.0% 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 15.3% which is the second smallest in order of households with retirement income of all the other counties in the surrounding region. The county with the highest households with retirement income in the area is Lee County which depicts a households with retirement income of 25.4% (66.5% 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 $67,027 of the total and is ranked #2. The only larger county being Crittenden County with $71,380. Second, it has the largest proportion of white family income at $52,179 of the total and is ranked #1.

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 group.

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 4.6% in February 2020. This represents a decrease in the monthly unemployment rate of 50.5%. Since that time, the monthly unemployment rate has gone to 4.0% This represents a decrease in the monthly unemployment rate of 13.0%. 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. . It depicts that from February 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 8,425 to 7,405 in February 2020. This represents a decrease in the monthly labor force participation of 12.1%. Since that time, the monthly labor force participation has gone to 7,395 This represents a decrease in the monthly labor force participation of very little.

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 3.7% which is in the mid range of other counties in the greater region. The county with the highest unemployment rate in the area is Crittenden County which depicts a rate of 5.4% (46.3% 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 60.7% 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 depicts it has a Single Earner Families of 24.9% which is the second smallest when ranked by families with a single earner of all the other counties in the area. The county with the highest families with a single earner in the area is St Francis County which depicts a single earners rate of 36.8% (47.8% larger). The percentage of families with no one working is depicted in Figure 22. Cross County shows it has a Families with No One Working of 17.7% which is less than most other counties in the metro area. The county with the highest families with no one working in the area is Lee County which depicts a families with no worker of 26.9% (51.8% 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 2,555 which is less than most other counties in the local 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 10,655 (approximately 4.2 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 shows it has a Percent of Population In Poverty of 15.4% which is the smallest in terms of percent of people earning less than the poverty level of all the other counties in the greater region. The county with the highest percent of people earning less than the poverty level in the area is Woodruff County which shows a percent of people in poverty of 25.2% (63.2% larger).

In Figure 25 people who are in poverty are broken out by age group. Cross County has the largest proportion of person in poverty 55 to 64 years at 14% 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 15% of the total. Second, it has the largest proportion of black poverty rate at 91% of the total and is ranked #1. Third, it has the largest proportion of american indian poverty rate at 100% of the total and is ranked #1. Also, it has the second smallest when sorted by white poverty rate of all the other counties in the metro area in order of hawaiian poverty rate at 3% 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 29% of the total. Second, it has the smallest proportion of unmarried with children and in poverty at 35% of the total. Third, it has the second smallest when sorted by married with children and in poverty of all the other counties in the greater region when ranked by unmarried female with children and in poverty at 2% of the total.

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 14% of the total. Second, it has the smallest proportion of has some college and in poverty at 1% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Cross County has the smallest proportion of people who are in poverty and employed at 3.2% 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 shows it has a Public Assistance Percent of 12.9% which is the smallest as measured by households with public assistance of all the other counties in the local area. The county with the highest households with public assistance in the area is Woodruff County which depicts a households with public assistance of 27.3% (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 depicts it has a Gini Index of 45.9% which is the second smallest when ranked by the gini index of all the other counties in the local area.

Cross County Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Cross County has the percentage of people who leave for work between 12am to 5am the second smallest when sorted by people who leave for work between 12am to 5am of all the other counties in the metro area at 5% of the total. Second, it has the largest proportion of people who leave for work between 630 am to 7am at 17% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 7am to 730am at 17% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 8am to 830am at 1% of the total. In addition, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total. Furthermore, it has the largest proportion of people who leave for work between 10am to 11am at 1% 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. Cross County has the smallest proportion of people with commute time between 25 to 29 minutes at 7% of the total. Second, it has the largest proportion of people with commute time between 45 to 59 minutes at 10% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 60 to 89 minutes at 3% of the total and is ranked #1.

The average commute time is shown in Figure 37. Cross County depicts it has a Avg Commute Time of 25 which is the highest of all counties in the greater Cross County region. Figure 38 shows the difference between male versus female commuting time. Cross County depicts average commute time in minutes for men 32.1% 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 in the middle range of other counties in the local area at 19% of the total. Second, it has the largest proportion of 3 vehicles available at 11% of the total and is ranked #1. Third, it has the largest proportion of 4 vehicles available at 3% 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.) Cross County shows it has a Work in city or place where live of 45% which is the third most of all 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 depicts a people who both work and live in the same city of 52% (17.6% larger). Comparing people who both work and live in the same city to the United States average of 42%, Cross County is 6.6% larger. Also, benchmarked against the state of Arkansas, people who both work and live in the same city of 51%, Cross County is about 14.4% 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 shows it has the hightest median earnings of $65,117 for the management, business, and financial 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 $69,828 for the earnings-computer, engineering, and science occupations category. 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 48% for the self employed management, business, science, and arts businesses classification.

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 indicates it has the hightest entrepreneurs of 21% 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 indicates it has a Self Employment Income of $45,302 which is in the middle range of other counties in the greater region. The county with the highest average annual self employment income in the area is Woodruff County which depicts an average annual self employment income of $49,228 (8.7% larger). Comparing average annual self employment income to the United States average of $39,154, Cross County is 15.7% larger. Also, measured against the state of Arkansas, average annual self employment income of $34,501, Cross County is 31.3% larger.

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.