Little Flock Arkansas Income Charts

This section shows the Little Flock Arkansas economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Little Flock depicts it has a Median earnings of $36,702 which is the second smallest when ranked by median earnings per worker of all the other places in the area. The city with the highest median earnings per worker in the area is Bentonville which shows a median earnings of $67,700 (about twice as large). Comparing median earnings per worker to the United States average of $53,269, Little Flock is approximately three-fourths the size. Also, compared with the state of Arkansas, median earnings per worker of $43,103, Little Flock is about 17.4% 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 $48,640 which is the smallest in terms of median household income of all the other places in the local area. The city with the highest median household income in the area is Prairie Creek CDP which shows a median income of $90,917 (about twice as large). Comparing median household income to the United States average of $69,021, Little Flock is approximately three-fourths the size. Also, compared to the state of Arkansas, median household income of $52,123, Little Flock is about 7.2% smaller.

The next section examines a variety of different income statistics for the Little Flock metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 5.9% of the total and is ranked #1. Second, it has one of the largest proportions of earnings between $15,000 and $19,999 at 46.7% of the total and is ranked #2. The only larger city being Avoca with 55.9%. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 12.0% of the total. Also, it has the smallest proportion of earnings between $50,000 and $74,999 at 2.8% 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 37.2 which is the smallest as measured by average hours of all the other places in the greater region. The city with the highest average hours in the area is Avoca which shows an average hours of 43.3 (16.4% 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 $18.97 which is the second smallest in order of average hourly earnings of all the other places in the metropolitan area. The city with the highest average hourly earnings in the area is Bentonville which depicts an average hourly earnings of $30.85 (62.6% larger). Comparing average hourly earnings to the United States average of $26.40, Little Flock is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, average hourly earnings of $20.98, Little Flock is about 10.6% smaller.

Figure 7 examines the number of self employed people in the Little Flock metro area based on the number of people who reported any self employment income. Little Flock depicts it has a Self Employed of 10.8% which is in the middle range of other places in the metro area. The city with the highest percentage of people self employed in the area is Avoca which shows a percentage self employed of 14.0% (29.2% larger).

Turning our attention to Figure 8, the median household income by age group, has the smallest proportion of median income-under 25 years at $44,531 of the total. Second, it has the smallest proportion of median income-25 to 44 years at $61,542 of the total. Third, it has less than most other places in the local area when ranked by median income-45 to 64 years at $44,271 of the total.

Figure 9 breaks down the source of income and Little Flock has the largest proportion of social security at 0.7% 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 a With Retirement Income of 11.0% which is the smallest when ranked by households with retirement income of all the other places in the local area. The city with the highest households with retirement income in the area is Avoca which shows a households with retirement income of 34.6% (approximately 3.1 times bigger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the smallest proportion of overall family income at $53,750 of the total. Second, it has the smallest proportion of hawaiian family income at $43,203 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Little Flock shows it has the hightest cost of 100.6 for the cost of miscellaneous items classification.

Little Flock 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 disasterous COVID-19 Pandemic the monthly unemployment rate went from 7.7% to 2.6% in February 2020. This represents a decrease in the monthly unemployment rate of 66.2%. Since that time, the monthly unemployment rate has gone to 2.3% This represents a decrease in the monthly unemployment rate of 11.5%. 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. . It depicts that from February 2010 to before the disasterous COVID-19 Pandemic the monthly labor force participation went from 28,090 to 37,195 in March 2020. This represents an increase in the monthly labor force participation of 32.4%. Since that time, the monthly labor force participation has gone to 38,654 This represents an increase in the monthly labor force participation of 3.9%.

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 Little Flock shows it has a Unemployment Rate of 5.4% which is the most of all places in the greater Little Flock region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Little Flock shows it has a Labor Force Participation of 70.3% which is the third most participation rates of all other places in the greater Little Flock region.

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). Little Flock has the largest proportion of employed at 5.4% of the total and is ranked #1.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Little Flock depicts full time employees approximately 3.1 times 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 Little Flock area. Little Flock shows it has a Single Earner Families of 37.2% which is the most of all places in the greater Little Flock region. The percentage of families with no one working is depicted in Figure 22. Little Flock depicts it has a Families with No One Working of 8.4% which is in the middle range of other places in the metro area. The city with the highest families with no one working in the area is Prairie Creek CDP which shows a families with no worker of 30.6% (approximately 3.7 times bigger).

Little Flock Arkansas Poverty Charts

The next section details economy analysis about poverty for residents of the Little Flock 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. Little Flock shows it has a Total In Poverty of 625 which is the third most total people earning less than the poverty level of all other places in the greater Little Flock region. The city with the highest total people earning less than the poverty level in the area is Rogers which depicts a total people earning less than the poverty level of 6,524 ( markedly bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Little Flock shows it has a Percent of Population In Poverty of 21.0% which is the largest of all places in the greater Little Flock region.

In Figure 25 people who are in poverty are broken out by age group. Little Flock has one of the largest proportions of person in poverty 12 to 17 years at 35% of the total and is ranked #2. The only larger city being Pea Ridge with 45%. Second, it has the largest proportion of person in poverty 18 to 34 years at 21% of the total and is ranked #1. Third, it has the second smallest as measured by person in poverty under 12 years of all the other places in the local area in order of person in poverty 55 to 64 years at 8% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Little Flock has the largest proportion of white poverty rate at 56% of the total and is ranked #1. Second, it has the largest proportion of hawaiian poverty rate at 26% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Little Flock has the largest proportion of married with children and in poverty at 36% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 38% 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. Little Flock has the largest proportion of less than highschool in poverty at 19% 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. Little Flock has one of the largest proportions of people who are in poverty and unemployed at 28.6% of the total and is ranked #2. The only larger city being Prairie Creek CDP with 38.5%. 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.) Little Flock shows it has a Public Assistance Percent of 8.3% which is more than all other places in the greater Little Flock region.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Little Flock shows it has a Gini Index of 47.0% which is the second most the gini index of all the places in the greater Little Flock region.

Little Flock Arkansas Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Little Flock or elsewhere.) Little Flock has the largest proportion of people who carpooled at 10% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Little Flock has the largest proportion of people who leave for work between 8am to 830am at 5% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 9am to 10am at 5% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 12noon to 4pm 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. Little Flock has the largest proportion of people with commute time of less than 5 minutesutes at 16% of the total and is ranked #1. Second, it has less than most other places in the local area when ranked by people with commute time between 5 to 9 minutes at 10% of the total. Third, it has one of the largest proportions of people with commute time between 10 to 14 minutes at 22% of the total and is ranked #3. Only #2 Rogers (23%), and #1 Bentonville (25%) are larger. Also, it has the smallest proportion of people with commute time between 20 to 24 minutes at 4% of the total. In addition, it has the smallest proportion of people with commute time between 40 to 44 minutes at 1% of the total.

The average commute time is shown in Figure 37. Little Flock shows it has a Avg Commute Time of 18 which is less than most other places in the metropolitan area. Figure 38 shows the difference between male versus female commuting time. Little Flock depicts average commute time in minutes for men only slightly larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Little Flock has the largest proportion of no vehicle available at 29% of the total and is ranked #1. Second, it has the second smallest in terms of no vehicle available of all the other places in the surrounding region as measured by 1 vehicle available at 42% of the total. Third, it has in the mid range of other places in the metro area in terms of 4 vehicles available at 2% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Little Flock shows it has a Work in city or place where live of 9% which is the second smallest when ranked by people who both work and live in the same city of all the other places in the area. The city with the highest people who both work and live in the same city in the area is Bentonville which depicts a people who both work and live in the same city of 66% ( substantially bigger). Comparing people who both work and live in the same city to the United States average of 44%, Little Flock is approximately a fifth the size. Also, in contrast to the state of Arkansas, people who both work and live in the same city of 51%, Little Flock is approximately a fifth the size.

Little Flock 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. Little Flock depicts it has the hightest median earnings of $109,125 for the management, business, and financial occupations grouping. Similarly, Figure 47 shows the median earnings of women for the job categories and Little Flock depicts it has the hightest median earnings of $63,558 for the earnings-healthcare practitioners and tech occupations aggregate. The table in Figure 48, shows Little Flock employment data in terms of job categories and salary data.

Little Flock Arkansas 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. Little Flock depicts it has the hightest entrepreneurs of 64% 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. Little Flock depicts it has the hightest entrepreneurs of 33% for the self employed in transportation, warehousing, and utilities classification.

In Figure 51 the average annual self employment/entrepreneur income is shown. Little Flock depicts it has a Self Employment Income of $25,695 which is the second smallest as measured by average annual self employment income of all the other places in the greater region. The city with the highest average annual self employment income in the area is Bentonville which shows an average annual self employment income of $67,640 (approximately 2.6 times bigger). Comparing average annual self employment income to the United States average of $42,141, Little Flock is approximately three-fourths the size. Also, compared with the state of Arkansas, average annual self employment income of $37,208, Little Flock is approximately three-fourths the size.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Little Flock shows total number of self-employed men only about 5.6% larger as the total number of self-employed women.