Midway CDP Arkansas Income Charts

This section shows the Midway CDP Arkansas economy using the most recent economic analysis from the 2019 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Midway CDP shows it has a median earnings per worker of $33,750 which is the second most median earnings of all the places in the greater Midway CDP region. The place with the highest median earnings per worker in the area is Gassville which depicts a median earnings of $37,604 (11.4% larger). Comparing median earnings per worker to the United States average of $47,712, Midway CDP is approximately three-fourths the size. Also, compared to the state of Arkansas, median earnings per worker of $38,970, Midway CDP is about 15.5% 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 $42,156 which is the second most of all the places in the greater region. The place with the highest median household income in the area is Lakeview which shows a median income of $46,818 (11.1% larger). Comparing median household income to the United States average of $60,293, Midway CDP is approximately three-fourths the size. Also, measured against the state of Arkansas, median household income of $45,726, Midway CDP is about 8.5% smaller.

The next section examines a variety of different income statistics for the Midway CDP metropolitan area. In Figure 3 we see that it it has one of the largest proportions of earnings less than $10,000 at 28.0% of the total and is ranked #3. Only #2 Lakeview (28.0%), and #1 Cotter (29.2%) are larger. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 5.6% 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 42.6 which is ranked #1 of all places in the greater Midway CDP region. 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 $15.24 which is less than most other places in the local area. The place with the highest average hourly earnings in the area is Gassville which depicts an average hourly earnings of $19.03 (24.9% larger). Comparing average hourly earnings to the United States average of $23.71, Midway CDP is approximately three-fourths the size. Also, benchmarked against the state of Arkansas, average hourly earnings of $19.02, Midway CDP is about 24.8% smaller.

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 $67,772 of the total and is ranked #1. Second, it has in the center range of other places in the surrounding region as measured by median income-45 to 64 years at $40,491 of the total. Third, it has one of the largest proportions of median income-65 years and over at $39,297 of the total and is ranked #3. Only #2 Lakeview ($47,273), and #1 Cotter ($53,750) are larger.

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 26.2% which is less than most other places in the local area. The place with the highest households with retirement income in the area is Lakeview which shows a households with retirement income of 43.7% (67.1% larger).

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 when sorted by overall family income of all the other places in the greater region at $41,813 of the total. Second, it has the second smallest when ranked by overall family income of all the other places in the local area as measured by white family income at $41,813 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. Midway CDP indicates it has the hightest cost of 99.4 for the cost of transportation classification.

Midway CDP 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 February 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 8.9% to 3.2% in December 2019. This represents a decrease in the monthly unemployment rate of 64.0%. Since that time, the monthly unemployment rate has gone to 3.2% 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 shows that from January 2010 to before the disasterous Coronavirus Pandemic the monthly labor force participation went from 82,688 to 88,214 in November 2019. This represents an increase in the monthly labor force participation of 6.7%. Since that time, the monthly labor force participation has gone to 88,214 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 Midway CDP depicts it has an unemployment rate of 5.8% which is the second most unemployment rate of all the places in the greater Midway CDP region. The place with the highest unemployment rate in the area is Flippin which shows a rate of 6.1% (only about 4.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Midway CDP depicts it has a participation rate of 52.4% which is the third most participation rates of all other places in the greater Midway CDP region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Midway CDP shows full time employees approximately 2.8 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 Midway CDP area. Midway CDP depicts it has a families with a single earner of 33.1% which is the highest of all places in the greater Midway CDP region. The percentage of families with no one working is depicted in Figure 22. Midway CDP shows it has a families with no one working of 37.7% which is the third most of all other places in the local area. The place with the highest families with no one working in the area is Lakeview which shows a families with no worker of 59.0% (56.3% larger).

Midway CDP Arkansas Poverty Charts

The next section details economy analysis about poverty for residents of the Midway CDP 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. Midway CDP depicts it has a total people earning less than the poverty level of 216 which is less than most other places in the greater region. The place with the highest total people earning less than the poverty level in the area is Mountain Home which shows a total people earning less than the poverty level of 1,385 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Midway CDP depicts it has a percent of people earning less than the poverty level of 22.4% which is in the mid range of other places in the greater region. The place with the highest percent of people earning less than the poverty level in the area is Flippin which depicts a percent of people in poverty of 34.1% (52.5% larger).

In Figure 25 people who are in poverty are broken out by age group. Midway CDP has one of the largest proportions of person in poverty 12 to 17 years at 18% of the total and is ranked #2. The only larger place being Cotter with 26%. Second, it has the second smallest in order of person in poverty under 12 years of all the other places in the metro area as measured by person in poverty 65+ years at 8% of the total.

Figure 27 shows key poverty statistics for groups based on marriage status. Midway CDP has one of the largest proportions of unmarried with children and in poverty at 62% of the total and is ranked #3. Only #2 Cotter (69%), and #1 Flippin (79%) are larger. Second, it has one of the largest proportions of unmarried female with children and in poverty at 70% of the total and is ranked #3. Only #2 Flippin (87%), and #1 Lakeview (100%) are larger.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. Midway CDP has one of the largest proportions of less than highschool in poverty at 38% of the total and is ranked #2. The only larger place being Gassville with 44%. Second, it has the smallest proportion of highschool graduate and in poverty at 10% of the total. Third, it has the second smallest in order of less than highschool in poverty of all the other places in the local area when sorted by has some college and in poverty at 10% 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. Midway CDP has the smallest proportion of people who are in poverty and employed at 12.5% of the total. Second, it has the largest proportion of people who are in poverty and unemployed at 22.7% of the total and is ranked #1. Third, it has the smallest proportion of people who are in poverty and not in labor force at 9.3% 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.) Midway CDP shows it has a households with public assistance of 17.4% which is the third most of all other places in the local area. The place with the highest households with public assistance in the area is Flippin which shows a households with public assistance of 28.7% (64.3% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Midway CDP indicates it has a the gini index of 27.7% which is the smallest in terms of the gini index of all the other places in the surrounding region.

Midway CDP Arkansas Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the Midway CDP community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) Midway CDP 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 the population commutes to work for (for example to downtown Midway CDP or elsewhere.) Midway CDP has the smallest proportion of people who drove alone at 65% of the total. Second, it has the largest proportion of people who carpooled at 35% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Midway CDP has the largest proportion of people who leave for work between 630 am to 7am at 17% of the total and is ranked #1. Second, it has the largest proportion of people who leave for work between 11am to 12noon at 4% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 12noon to 4pm at 17% 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. Midway CDP has one of the largest proportions of people with commute time between 5 to 9 minutes at 25% of the total and is ranked #3. Only #2 Mountain Home (33%), and #1 Flippin (38%) are larger. Second, it has the largest proportion of people with commute time between 10 to 14 minutes at 31% of the total and is ranked #1.

The average commute time is shown in Figure 37. Midway CDP depicts it has an average commute time of 13 which is less than most other places in the local area. Figure 38 shows the difference between male versus female commuting time. Midway CDP indicates 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 Midway CDP has the largest proportion of 1 vehicle available at 47% of the total and is ranked #1. Second, it has the smallest proportion of 2 vehicles available at 18% of the total. Third, it has the largest proportion of 3 vehicles available at 25% of the total and is ranked #1. Also, it has one of the largest proportions of 4 vehicles available at 11% of the total and is ranked #2. The only larger place being Bull Shoals with 18%. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Midway CDP shows it has a people who both work and live in the same city of 16% which is less than most other places in the metropolitan area. The place with the highest people who both work and live in the same city in the area is Mountain Home which depicts a people who both work and live in the same city of 77% (approximately 4.9 times bigger). Comparing people who both work and live in the same city to the United States average of 42%, Midway CDP is approximately a third the size. Also, in comparison with the state of Arkansas, people who both work and live in the same city of 51%, Midway CDP is approximately a third the size.

Midway CDP 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. Midway CDP shows it has the hightest median earnings of $41,889 for the earnings-production, transportation, material moving occupations category. The table in Figure 48, shows Midway CDP employment data in terms of job categories and salary data.