Warm Springs township Arkansas Income Charts

The next section examines a variety of different income statistics for the Warm Springs township metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $15,000 and $19,999 at 53.6% of the total and is ranked #1. Second, it has the largest proportion of earnings between $75,000 and $99,999 at 46.4% of the total and is ranked #1.

Figure 7 examines the number of self employed people in the Warm Springs township metro area based on the number of people who reported any self employment income. Warm Springs township depicts it has a percentage of people self employed of 14.1% which is the second most of all the places in the metropolitan area. The city with the highest percentage of people self employed in the area is Maynard which shows a percentage self employed of 20.0% (41.7% larger).

Figure 9 breaks down the source of income and Warm Springs township has the largest proportion of investment and retirement income at 58.2% of the total and is ranked #1. Second, it has the largest proportion of social security at 41.8% 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 63.5% which is more than all other places in the greater Warm Springs township region.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Warm Springs township shows it has the hightest cost of 104.3 for the cost of transportation group.

Warm Springs 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 Coronavirus Pandemic the monthly unemployment rate went from 10.9% to 3.4% in December 2019. This represents a decrease in the monthly unemployment rate of 68.8%. Since that time, the monthly unemployment rate has gone to 3.4% 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 11,742 to 12,689 in November 2019. This represents an increase in the monthly labor force participation of 8.1%. Since that time, the monthly labor force participation has gone to 12,689 This represents an increase in the monthly labor force participation of very little. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Warm Springs township shows it has a participation rate of 5.7% which is the smallest in terms of participation rate of all the other places in the greater 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). Warm Springs township has the smallest proportion of employed at 5.7% of the total. Second, it has the largest proportion of not in labor force at 94.3% 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. Warm Springs township shows full time employees about 15.4% smaller as the part time employees. The percentage of families with no one working is depicted in Figure 22. Warm Springs township shows it has a families with no one working of 100.0% which is the highest of all places in the greater Warm Springs township region.

Warm Springs township Arkansas Poverty Charts

The next section details economy analysis about poverty for residents of the Warm Springs 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. Warm Springs township shows it has a total people earning less than the poverty level of 16 which is the smallest in order of total people earning less than the poverty level of all the other places in the local area. The city with the highest total people earning less than the poverty level in the area is Pocahontas which shows a total people earning less than the poverty level of 1,358 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Warm Springs township shows it has a percent of people earning less than the poverty level of 10.1% which is the smallest as measured by percent of people earning less than the poverty level of all the other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Ravenden Springs which depicts a percent of people in poverty of 40.0% (approximately 4.0 times bigger).

In Figure 25 people who are in poverty are broken out by age group. Warm Springs township has the largest proportion of person in poverty 65+ years at 100% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Warm Springs township has the smallest proportion of white poverty rate at 10% 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.) Warm Springs township indicates it has a households with public assistance of 18.8% which is the second smallest when ranked by households with public assistance of all the other places in the area. The city with the highest households with public assistance in the area is Maynard which shows a households with public assistance of 32.8% (74.4% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Warm Springs township depicts it has a the gini index of 56.1% which is is the uppermost of the places in the greater region.

Warm Springs township 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 Warm Springs township 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.) Warm Springs township 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 Warm Springs township or elsewhere.) Warm Springs township has the largest proportion of people who drove alone at 100% of the total and is ranked #1.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Warm Springs township has the largest proportion of people who leave for work between 12noon to 4pm at 100% 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. Warm Springs township has the largest proportion of people with commute time between 60 to 89 minutes at 100% of the total and is ranked #1. Figure 40 shows the total number of vehicles available for transportation and Warm Springs township has the largest proportion of 2 vehicles available at 100% of the total and is ranked #1.

Warm Springs township Arkansas Jobs Charts

The table in Figure 48, shows Warm Springs township employment data in terms of job categories and salary data.