Little Flock Arkansas Income Charts

This section shows the Little Flock Arkansas economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Little Flock depicts it has a median earnings per worker of $38,162 which is less than most other places in the metro area. The city with the highest median earnings per worker in the area is Bentonville which depicts a median earnings of $59,128 (54.9% larger). Comparing median earnings per worker to the United States average of $47,712, Little Flock is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, median earnings per worker of $38,970, Little Flock is only about 2.1% 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 $52,000 which is the smallest when sorted by median household income of all the other places in the greater region. The city with the highest median household income in the area is Bentonville which depicts a median income of $81,934 (57.6% larger). Comparing median household income to the United States average of $60,293, Little Flock is about 15.9% smaller. Also, in contrast to the state of Arkansas, median household income of $45,726, Little Flock is 13.7% larger.

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 12.5% of the total and is ranked #1. Second, it has the largest proportion of earnings between $15,000 and $19,999 at 8.6% of the total and is ranked #1. Third, it has less than most other places in the greater region when sorted by earnings of $100,000 more at 5.5% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has an average hours of 40.1 which is the smallest when sorted by average hours of all the other places in the greater region. The city with the highest average hours in the area is Bentonville which shows an average hours of 42.5 (only about 6.0% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has an average hourly earnings of $18.30 which is in the center range of other places in the area. The city with the highest average hourly earnings in the area is Bentonville which shows an average hourly earnings of $26.75 (46.2% larger). Comparing average hourly earnings to the United States average of $23.71, Little Flock is approximately three-fourths the size. Also, compared to the state of Arkansas, average hourly earnings of $19.02, Little Flock is only about 3.9% 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 percentage of people self employed of 9.0% which is less than most other places in the metropolitan area. The city with the highest percentage of people self employed in the area is Prairie Creek CDP which shows a percentage self employed of 19.6% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $37,841 of the total and is ranked #3. Only #2 Rogers ($41,943), and #1 Bentonville ($46,750) are larger. Second, it has the second smallest in terms of median income for those under 25 years of age of all the other places in the surrounding region when ranked by median income-25 to 44 years at $55,688 of the total. Third, it has in the center range of other places in the greater region when ranked by median income-45 to 64 years at $67,188 of the total. Also, it has the largest proportion of median income-65 years and over at $47,232 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 households with retirement income of 9.8% which is in the mid point range of other places in the greater region. The city with the highest households with retirement income in the area is Prairie Creek CDP which depicts a households with retirement income of 18.3% (about twice as large).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income the second smallest in terms of overall family income of all the other places in the local area at $61,000 of the total. Second, it has the second smallest when ranked by overall family income of all the other places in the greater region as measured by white family income at $59,167 of the total. Third, it has one of the largest proportions of asian family income at $100,417 of the total and is ranked #3. Only #2 Rogers ($102,727), and #1 Bentonville ($104,000) are larger. Also, it has less than most other places in the surrounding region in order of hispanic family income at $36,600 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 grouping.

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 shows that from January 2010 to before the Wuhan Coronavirus/COVID Pandemic the monthly unemployment rate went from 7.5% to 3.4% in March 2020. This represents a decrease in the monthly unemployment rate of 54.7%. Since that time, the monthly unemployment rate has gone to 5.6% This represents an increase in the monthly unemployment rate of 64.7%. 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 January 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 27,750 to 36,517 in March 2020. This represents an increase in the monthly labor force participation of 31.6%. Since that time, the monthly labor force participation has gone to 34,918 This represents a decrease in the monthly labor force participation of 4.4%.

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 an unemployment rate of 1.8% which is in the mid point range of other places in the greater region. The city with the highest unemployment rate in the area is Pea Ridge which depicts a rate of 2.3% (30.7% larger). 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 participation rate of 70.8% which is the second most participation rates of all the places in the greater Little Flock region.

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 4.9 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 depicts it has a families with a single earner of 23.0% which is the second smallest in terms of families with a single earner of all the other places in the area. The city with the highest families with a single earner in the area is Avoca which shows a single earners rate of 34.7% (51.2% larger). The percentage of families with no one working is depicted in Figure 22. Little Flock shows it has a families with no one working of 15.3% which is the second most families with no one working of all the places in the greater Little Flock region. The city with the highest families with no one working in the area is Prairie Creek CDP which depicts a families with no worker of 23.8% (56.1% larger).

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 people earning less than the poverty level of 522 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 shows a total people earning less than the poverty level of 6,829 ( considerably 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 depicts it has a percent of people earning less than the poverty level of 19.2% which is more than all other places in the greater Little Flock region.

In Figure 25 people who are in poverty are broken out by age group. Little Flock has the percentage of person in poverty under 12 years in the mid point range of other places in the local area at 26% of the total. Second, it has one of the largest proportions of person in poverty 18 to 34 years at 34% of the total and is ranked #3. Only #2 Pea Ridge (35%), and #1 Lowell (35%) are larger. Third, it has the smallest proportion of person in poverty 35 to 54 years at 17% of the total. Also, it has the second smallest in terms of 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 4% 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 21% of the total and is ranked #1. Second, it has the largest proportion of black poverty rate at 19% of the total and is ranked #1. Third, it has the largest proportion of hispanicp poverty rate at 40% 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 23% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 41% of the total and is ranked #1. Third, it has one of the largest proportions of unmarried female with children and in poverty at 44% of the total and is ranked #2. The only larger city being Lowell with 48%. Also, it has the largest proportion of unmarried male with children and in poverty at 34% 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 54% of the total and is ranked #1. Second, it has the largest proportion of highschool graduate and in poverty at 13% of the total and is ranked #1. Third, it has the largest proportion of has some college and in poverty at 13% 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 employed at 20.5% of the total and is ranked #3. Only #2 Rogers (20.7%), and #1 Lowell (22.7%) are larger. 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 depicts it has a households with public assistance of 8.6% 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 the gini index of 51.5% which is the most of all 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 percentage of people who leave for work between 12am to 5am less than most other places in the surrounding region at 4% of the total. Second, it has the smallest proportion of people who leave for work between 9am to 10am at 1% of the total. Third, it has the largest proportion of people who leave for work between 10am to 11am at 5% 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 5% of the total and is ranked #1. Second, 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 Bentonville (23%), and #1 Rogers (24%) are larger. Third, it has the smallest proportion of people with commute time between 20 to 24 minutes at 15% of the total.

The average commute time is shown in Figure 37. Little Flock shows it has an average commute time of 18 which is in the mid range of other places in the area. Figure 38 shows the difference between male versus female commuting time. Little Flock indicates average commute time in minutes for men 18.4% 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 1 vehicle available at 28% of the total and is ranked #1. Second, it has the second smallest when ranked by no vehicle available of all the other places in the metro area as measured by 3 vehicles available at 14% of the total. Third, it has the second smallest when ranked by no vehicle available of all the other places in the greater region when ranked by 5 or more vehicles available at 1% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Little Flock depicts it has a people who both work and live in the same city of 5% which is the second smallest as measured by people who both work and live in the same city of all the other places in the metro area. The city with the highest people who both work and live in the same city in the area is Bentonville which shows a people who both work and live in the same city of 65% ( substantially bigger). Comparing people who both work and live in the same city to the United States average of 42%, Little Flock is approximately a tenth the size. Also, compared to the state of Arkansas, people who both work and live in the same city of 51%, Little Flock is approximately a tenth 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 $118,750 for the earnings-healthcare practitioners and tech occupations aggregate. Similarly, Figure 47 shows the median earnings of women for the job categories and Little Flock shows it has the hightest median earnings of $83,264 for the earnings-computer, engineering, and science occupations classification. 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 shows it has the hightest entrepreneurs of 43% for the self employed in sales and office related 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. Little Flock shows it has the hightest entrepreneurs of 35% for the self employed in professional, scientific, management, administrative services category.

In Figure 51 the average annual self employment/entrepreneur income is shown. Little Flock depicts it has an average annual self employment income of $26,651 which is less than most other places in the surrounding region. The city with the highest average annual self employment income in the area is Bentonville which depicts an average annual self employment income of $58,017 (about twice as large). Comparing average annual self employment income to the United States average of $37,819, Little Flock is approximately three-fourths the size. Also, compared with the state of Arkansas, average annual self employment income of $33,965, 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 about 22.7% smaller as the total number of self-employed women.