Dobson township Arkansas Income Charts

The next section examines a variety of different income statistics for the Dobson township metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 51.4% of the total and is ranked #1.

Figure 7 examines the number of self employed people in the Dobson township metro area based on the number of people who reported any self employment income. Dobson township shows it has a percentage of people self employed of 12.8% which is more than all other places in the greater Dobson township region.

Figure 9 breaks down the source of income and Dobson township has one of the largest proportions of social security at 47.3% of the total and is ranked #2. The only larger city being Amagon with 66.4%.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a households with retirement income of 25.6% which is is the uppermost of the places in the greater Dobson township region.

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 $48,036 of the total and is ranked #3. Only #2 Weiner ($48,235), and #1 Fisher ($48,839) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Dobson township depicts it has the hightest cost of 97.5 for the cost of grocery items category.

Dobson township Arkansas 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 Coronavirus Pandemic the monthly unemployment rate went from 9.0% to 2.6% in December 2019. This represents a decrease in the monthly unemployment rate of 71.1%. Since that time, the monthly unemployment rate has gone to 2.6% This represents an increase in the monthly unemployment rate of very little. 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 shows that from January 2010 to before the disasterous COVID Pandemic the monthly labor force participation went from 32,582 to 39,633 in November 2019. This represents an increase in the monthly labor force participation of 21.6%. Since that time, the monthly labor force participation has gone to 39,633 This represents an increase 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 Dobson township depicts it has an unemployment rate of 7.8% which is the most of all places in the local area. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Dobson township depicts it has a participation rate of 34.4% which is the second smallest in terms of participation rate of all the other places in the metro area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). Dobson township has the smallest proportion of employed at 26.6% of the total. Second, it has the largest proportion of unemployed at 7.8% of the total and is ranked #1. Third, it has one of the largest proportions of not in labor force at 65.6% of the total and is ranked #2. The only larger city being Amagon with 71.4%.

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 Dobson township area. Dobson township shows it has a families with a single earner of 41.7% which is the third most families with a single earner of all other places in the greater Dobson township region. The city with the highest families with a single earner in the area is Amagon which shows a single earners rate of 100.0% (approximately 2.4 times bigger).

Dobson township Arkansas Poverty Charts

The next section details economy analysis about poverty for residents of the Dobson township 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. Dobson township shows it has a total people earning less than the poverty level of 13 which is less than most other places in the local area. The city with the highest total people earning less than the poverty level in the area is Tuckerman which shows a total people earning less than the poverty level of 381 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Dobson township shows it has a percent of people earning less than the poverty level of 14.9% which is the second smallest in order of percent of people earning less than the poverty level of all the other places in the greater region. The city with the highest percent of people earning less than the poverty level in the area is Cash which depicts a percent of people in poverty of 34.2% (approximately 2.3 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Dobson township has the largest proportion of person in poverty 35 to 54 years at 100% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Dobson township has the largest proportion of less than highschool in poverty at 62% 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. Dobson 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). Dobson township shows it has a the gini index of 42.4% which is in the mid range of other places in the local area.

Dobson township Arkansas Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Dobson township community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Dobson township has the largest proportion of people who drive a car or motorcycle to work at 100% of the total and is ranked #1. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Dobson township or elsewhere.) Dobson township has the largest proportion of people who carpooled at 100% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Dobson township has the largest proportion of people who leave for work between 730 am to 8am at 100% 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. Dobson township has the largest proportion of people with commute time between 30 to 34 minutes at 100% of the total and is ranked #1. Figure 40 shows the total number of vehicles available for transportation and Dobson township has the largest proportion of 2 vehicles available at 100% of the total and is ranked #1.

Dobson township Arkansas Jobs Charts

The table in Figure 48, shows Dobson township employment data in terms of job categories and salary data.