Live Oak 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. Live Oak township indicates it has $28,409 median earnings which is the 4th in median earnings out of 10 total in the area. The city with the highest median earnings in the area is Tillar with an earnings of $32,917 is 15.9% larger. Comparing median earnings to the United States average of $46,022, Live Oak township is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, median earnings of $37,301, Live Oak township is approximately three-fourths the size.

In Figure 2 we see a more complete view of income which includes all members in a household using the median household income and it has $34,500 median income which is the 4th in median income out of 10 total in the area. The city with the highest median income in the area is Smith township, Lincoln County, Arkansas with an income of $57,601 is 67.0% larger. Comparing median income to the United States average of $57,652, Live Oak township is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, median income of $43,813, Live Oak township is approximately three-fourths the size.

The next section examines a variety of different income statistics. In Figure 3 we see that it has the largest proportion of median earnings of less than $10,000 at 41.2% 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 38.8 average hours which is the 4th in average hours out of 10 total in the area. The city with the highest average hours in the area is Walnut Lake township with an average hours of 58.8 is 51.5% larger. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has $14.08 average hourly earnings which is the 3d most of all other places in the area. The city with the highest average hourly earnings in the area is Franklin township, Drew County, Arkansas with an average hourly earnings of $15.84 is 12.5% larger. Comparing average hourly earnings to the United States average of $22.87, Live Oak township is approximately three-fourths the size. Also, compared to the state of Arkansas, average hourly earnings of $18.25, Live Oak township is approximately three-fourths the size.

Figure 7 examines the number of self employed people in the area based on the number of people who reported any self employment income. Live Oak township shows it has 6.8% Self Employed which is the 6th in Self Employed out of 10 total in the area. The city with the highest Self Employed in the area is Smith township, Lincoln County, Arkansas with a Self Employed of 14.3% is about twice as large.

In terms of the source of where income comes from, in Figure 9 Live Oak township has the largest proportion of investment and retirement income at 23.0% 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 25.6% households with retirement income which is more than all other placesin the area.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has Overall Family Income in the mid range of other places in the area at $35,469 of the total and is ranked in the middle of the group.

Figure 13 shows the cost of living for a variety of cost components from the Bureau of Labor Statistics. Live Oak township shows it has hightest cost of 104.1 for cost of utilities.

Live Oak 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 14.5% to 6.9%. This represents a decrease in the Monthly Unemployment Rate of 52.4%. 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 illustrates that from March 2010 to March 2019 the Monthly Labor Force Participation went from 21,218 to 16,727. This represents a decrease in the Monthly Labor Force Participation of 21.2%.

The next two charts look at the annual unemployment rate and is based on the American Community survey. Figure 16 shows Live Oak township shows it has 4.0% unemployment rate which is the 6th in unemployment rate out of 10 total in the area. The city with the highest unemployment rate in the area is Reed with a rate of 19.8% is approximately 4.9 times bigger. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Live Oak township reveals it has 55.6% participation rate which is the 3d most of all other places in the 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). Live Oak township has not in labor force less than most other places in the area at 44.4% of the total and is ranked 3d last in the group.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Live Oak township reveals full time employees is 4 times bigger than 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. Live Oak township illustrates it has 28.4% families with a single earner which is the 4th in families with a single earner out of 10 total in the area. The city with the highest families with a single earner in the area is Walnut Lake township with a single earners rate of 80.8% is approximately 2.8 times bigger. The percentage of families with no one working is depicted in Figure 22. Live Oak township shows it has 31.9% 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 Reed with a families with no worker of 42.9% is 34.4% larger.

Live Oak 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. Live Oak township indicates it has 96 total people earning less than the poverty level which is the 3d most of all other places in the area. The city with the highest total people earning less than the poverty level in the area is Smith township, Lincoln County, Arkansas with a total people earning less than the poverty level of 217 is approximately 2.3 times bigger.

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Live Oak township shows it has 17.2% 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 Winchester with a percent of people in poverty of 42.6% is approximately 2.5 times bigger.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Live Oak township has Black poverty rate in the mid range of other places in the area at 33% of the total and is ranked in the middle of the group.

Figure 27 shows key poverty statistics for groups based on marriage status. Live Oak township has the largest proportion of Unmarried Male with children and in poverty 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 Live Oak township indicates it has 23.9% households with public assistance which is the 3d most of all other places in the area. The city with the highest households with public assistance in the area is Winchester with a households with public assistance of 53.1% is approximately 2.2 times bigger.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Live Oak township illustrates it has 39.3% the Gini Index which is the 6th in the Gini Index out of 10 total in the area.

Live Oak township Arkansas Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Live Oak township has the largest proportion of people who leave for work between 11am to 12noon at 12% 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. Live Oak township has the largest proportion of people with commute time of 90 or more minutes at 19% of the total and is ranked #1.

The average commute time is shown in Figure 37. Live Oak township illustrates it has 38 average commute time which is the 2nd most of all the places in the area. Figure 38 shows the difference between male versus female commuting time and Live Oak township reveals average commute time in minutes for men is approximately 3.0 times bigger than average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Live Oak township has the largest proportion of 2 vehicles available at 63% of the total and is ranked #1.

Live Oak township 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. Live Oak township shows it has hightest median earnings of $24,267 for Earnings-Production, transportation, material moving occupations. Similarly, Figure 47 shows the median earnings of women for the job categories and Live Oak township shows it has hightest median earnings of $45,568 for Earnings-Education, legal, community service, arts, media occupations.