Gid 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. Gid township indicates it has $80,714 median earnings which is the largest of all placesin the area. Comparing median earnings to the United States average of $46,022, Gid township is 75.4% larger. Also, benchmarked against the state of Arkansas, median earnings of $37,301, Gid township is about twice as large.

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 40.4% of the total and is ranked #1. Second, it has the largest proportion of median earnings of $100,000 or more at 6.7% 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 54.4 average hours which is the most of all placesin the area. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $28.53 average hourly earnings which is the largest of all placesin the area. Comparing average hourly earnings to the United States average of $22.87, Gid township measures 24.8% larger. Also, measured against the state of Arkansas, average hourly earnings of $18.25, Gid township compares as 56.3% 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. Gid township shows it has 12.2% 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 Guion township with a Self Employed of 35.7% is approximately 2.9 times bigger.

Turning our attention to Figure 8, the median household income by age group, has Median Income-45 to 64 years in the center of other places in the area at $43,813 of the total and is ranked in the middle of the group. Second, it has the largest proportion of Median Income-65 years and over at $41,500 of the total and is ranked #1.

In terms of the source of where income comes from, in Figure 9 Gid township has the largest proportion of income from wages at 71.7% 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 21.6% households with retirement income which is the 4th 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 Drytown township with a households with retirement income of 29.8% is 38.2% larger.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Gid township shows it has hightest cost of 99.4 for cost of transportation.

Gid 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 8.4% to 3.7%. This represents a decrease in the Monthly Unemployment Rate of 56.0%. 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 indicates that from March 2010 to March 2019 the Monthly Labor Force Participation went from 31,444 to 33,617. This represents an increase in the Monthly Labor Force Participation of 6.9%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Gid township shows it has 10.1% unemployment rate which is the 2nd most of all the places in the area. The city with the highest unemployment rate in the area is Sage township with a rate of 10.7% measures only about 5.8% larger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Gid township illustrates it has 47.5% participation rate which is the 3d most of all other places in the area.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner. Gid township indicates it has 66.7% families with a single earner which is ranked #1 of all placesin the area. The percentage of families with no one working is depicted in Figure 22. Gid township shows it has 33.3% 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 Lafferty township with a families with no worker of 100.0% is 3 times bigger.

Gid 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. Gid township indicates it has 6 total people earning less than the poverty level which is the 5th 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 Mount Pleasant with a total people earning less than the poverty level of 63 measures considerably bigger.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Gid township indicates it has 3.0% percent of people earning less than the poverty level which is the 5th 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 Guion township with a percent of people in poverty of 19.0% is substantially bigger.

In Figure 25 people who are in poverty are broken out by age group. Gid township has the largest proportion of person in poverty 35 to 54 years at 100% 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 Gid township indicates it has 4.3% households with public assistance which is the 5th in households with public assistance out of 10 total in the area. The city with the highest households with public assistance in the area is Sage township with a households with public assistance of 36.2% measures considerably bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Gid township indicates it has 31.1% the Gini Index which is the 3d most of all other places in the area.

Gid 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.) Gid 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 people get to work for this location and shows Gid township has people who drove alone in the mid range of other places in the area at 91% of the total and is ranked in the middle of the group.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Gid township has the largest proportion of people who leave for work between 530 am to 6am at 57% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 6am to 630am at 9% 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. Gid township has the largest proportion of people with commute time between 10 to 14 minutes at 57% of the total and is ranked #1.

The average commute time is shown in Figure 37. Gid township illustrates it has 18 average commute time which is the 4th in average commute time out of 10 total in the area. Figure 40 shows the total number of vehicles available for transportation and Gid township has the largest proportion of 1 vehicle available at 66% of the total and is ranked #1.