Live Oak township Arkansas Income Charts

This section shows the Live Oak township Arkansas economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Live Oak township indicates it has a median earnings per worker of $46,000 which is at the top of all other places in the greater Live Oak township region. Comparing median earnings per worker to the United States average of $47,712, Live Oak township is only about 3.7% smaller. Also, benchmarked against the state of Arkansas, median earnings per worker of $38,970, Live Oak township is 18.0% larger.

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 $60,625 which is the highest of all places in the greater Live Oak township region. Comparing median household income to the United States average of $60,293, Live Oak township is about the same size. Also, versus the state of Arkansas, median household income of $45,726, Live Oak township is 32.6% larger.

The next section examines a variety of different income statistics for the Live Oak township metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $10,000 and $14,999 at 10.9% of the total and is ranked #1. Second, it has the second smallest in terms of median earnings of less than $10,000 of all the other places in the greater region as measured by earnings between $15,000 and $19,999 at 7.7% of the total. Third, it has the smallest proportion of earnings between $20,000 and $49,999 at 24.7% of the total. Also, it has the largest proportion of earnings between $75,000 and $99,999 at 18.2% 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 an average hours of 40.1 which is in the center range of other places in the metro area. The city with the highest average hours in the area is McGehee which shows an average hours of 41.5 (only about 3.5% 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 $22.06 which is the largest of all places in the greater Live Oak township region. Comparing average hourly earnings to the United States average of $23.71, Live Oak township is about 7.5% smaller. Also, in comparison with the state of Arkansas, average hourly earnings of $19.02, Live Oak township is 16.0% larger.

Figure 7 examines the number of self employed people in the Live Oak township metro area based on the number of people who reported any self employment income. Live Oak township depicts it has a percentage of people self employed of 4.8% which is less than most other places in the local area. The city with the highest percentage of people self employed in the area is Reed which shows a percentage self employed of 9.0% (about twice as large).

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-25 to 44 years at $95,036 of the total and is ranked #1. Second, it has one of the largest proportions of median income-45 to 64 years at $49,375 of the total and is ranked #2. The only larger city being Tillar with $63,125. Third, it has the largest proportion of median income-65 years and over at $58,864 of the total and is ranked #1.

Figure 9 breaks down the source of income and Live Oak township has the largest proportion of investment and retirement income at 23.9% 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 23.1% which is the most of all places in the greater Live Oak township region.

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has the largest proportion of overall family income at $70,556 of the total and is ranked #1. Second, it has the largest proportion of white family income at $96,286 of the total and is ranked #1. Third, it has one of the largest proportions of black family income at $29,500 of the total and is ranked #2. The only larger city being Dumas with $42,091.

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

Live Oak 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 Wuhan virus Pandemic the monthly unemployment rate went from 13.7% to 6.0% in December 2019. This represents a decrease in the monthly unemployment rate of 56.2%. Since that time, the monthly unemployment rate has gone to 6.0% 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 depicts that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 20,849 to 16,497 in November 2019. This represents a decrease in the monthly labor force participation of 20.9%. Since that time, the monthly labor force participation has gone to 16,497 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 Live Oak township depicts it has an unemployment rate of 5.9% which is less than most other places in the surrounding region. The city with the highest unemployment rate in the area is Reed which shows a rate of 21.3% (approximately 3.6 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 shows it has a participation rate of 48.1% which is the second smallest as measured by participation rate of all the other places in the metro area.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Live Oak township depicts full time employees approximately 3.2 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 Live Oak township area. Live Oak township depicts it has a families with a single earner of 52.7% which is more than all other places in the surrounding region. The percentage of families with no one working is depicted in Figure 22. Live Oak township shows it has a families with no one working of 28.7% which is less than most other places in the surrounding region. The city with the highest families with no one working in the area is Reed which depicts a families with no worker of 88.9% (approximately 3.1 times bigger).

Live Oak township Arkansas Poverty Charts

The next section details economy analysis about poverty for residents of the Live Oak 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. Live Oak township depicts it has a total people earning less than the poverty level of 73 which is less than most other places in the metro area. The city with the highest total people earning less than the poverty level in the area is McGehee which depicts a total people earning less than the poverty level of 1,431 ( considerably 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 a percent of people earning less than the poverty level of 9.1% which is the smallest in terms of percent of people earning less than the poverty level of all the other places in the surrounding region. The city with the highest percent of people earning less than the poverty level in the area is Mitchellville which shows a percent of people in poverty of 40.7% (approximately 4.5 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Live Oak township has the smallest proportion of person in poverty under 12 years at 8% of the total. Second, it has one of the largest proportions of person in poverty 12 to 17 years at 34% of the total and is ranked #2. The only larger city being Winchester with 38%. Third, it has less than most other places in the greater region as measured by person in poverty 18 to 34 years at 19% of the total. Also, it has the largest proportion of person in poverty 55 to 64 years at 19% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Live Oak township has the smallest proportion of black poverty rate at 28% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Live Oak township has the percentage of married with children and in poverty in the mid point range of other places in the greater region at 1% of the total. Second, it has less than most other places in the metro area when sorted by unmarried female with children and in poverty at 72% of the total.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Live Oak township has the smallest proportion of less than highschool in poverty at 16% of the total. Second, it has the smallest proportion of highschool graduate and in poverty at 10% of the total. Third, it has less than most other places in the greater region as measured by has some college and in poverty at 4% of the total. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. Live Oak township has the percentage of people who are in poverty and not in labor force the second smallest in terms of people who are in poverty and employed of all the other places in the metro area at 2.7% of the total. 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.) Live Oak township indicates it has a households with public assistance of 17.3% which is the smallest as measured by households with public assistance of all the other places in the local area. The city with the highest households with public assistance in the area is Mitchellville which depicts a households with public assistance of 47.1% (approximately 2.7 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 depicts it has a the gini index of 35.0% which is the smallest as measured by the gini index of all the other places in the local area.

Live Oak township Arkansas Work Commute Charts

Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown Live Oak township or elsewhere.) Live Oak township has the percentage of people who drove alone the second smallest when ranked by people who drove alone of all the other places in the metro area at 75% of the total. Second, it has the largest proportion of people who carpooled at 23% of the total and is ranked #1.

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 12am to 5am at 18% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 7am to 730am at 26% of the total and is ranked #1. Third, it has the smallest proportion of people who leave for work between 730 am to 8am at 4% of the total.

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 percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the surrounding region at 0% of the total. Second, it has the second smallest in terms of people with commute time of less than 5 minutes of all the other places in the local area as measured by people with commute time between 5 to 9 minutes at 1% of the total. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 6% of the total. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 26% of the total and is ranked #1.

The average commute time is shown in Figure 37. Live Oak township depicts it has an average commute time of 23 which is ranked #1 of all places in the greater Live Oak township region. Figure 38 shows the difference between male versus female commuting time. Live Oak township shows average commute time in minutes for men approximately three-fourths the size as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Live Oak township has the smallest proportion of 1 vehicle available at 13% of the total. Second, it has one of the largest proportions of 2 vehicles available at 49% of the total and is ranked #2. The only larger city being Winchester with 64%. Third, it has in the center range of other places in the greater region in terms of 3 vehicles available at 20% of the total. Also, it has the largest proportion of 4 vehicles available at 17% 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 the hightest median earnings of $29,583 for the earnings-production, transportation, material moving occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Live Oak township depicts it has the hightest median earnings of $46,667 for the earnings-education, legal, community service, arts, media occupations classification. The table in Figure 48, shows Live Oak township employment data in terms of job categories and salary data.