Woodruff County Income Charts

This section shows the Woodruff County Arkansas economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Woodruff County depicts it has a Median earnings of $38,617 which is less than most other counties in the metropolitan area. The county with the highest median earnings per worker in the area is Monroe County which depicts a median earnings of $40,684 (only about 5.4% larger). Comparing median earnings per worker to the United States average of $49,041, Woodruff County is approximately three-fourths the size. Also, measured against the state of Arkansas, median earnings per worker of $40,032, Woodruff County is only about 3.7% 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 $32,845 which is the smallest when ranked by median household income of all the other counties in the surrounding region. The county with the highest median household income in the area is Cross County which depicts a median income of $46,787 (42.4% larger). Comparing median household income to the United States average of $62,843, Woodruff County is approximately half the size. Also, compared to the state of Arkansas, median household income of $47,597, Woodruff County is approximately three-fourths the size.

The next section examines a variety of different income statistics for the Woodruff County metropolitan area. In Figure 3 we see that it has the smallest proportion of earnings between $75,000 and $99,999 at 3.2% of the total.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 42.4 which is the most of all counties in the metro area. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $17.51 which is the second smallest as measured by average hourly earnings of all the other counties in the local area. The county with the highest average hourly earnings in the area is White County which depicts an average hourly earnings of $19.66 (12.3% larger). Comparing average hourly earnings to the United States average of $24.31, Woodruff County is approximately three-fourths the size. Also, versus the state of Arkansas, average hourly earnings of $19.54, Woodruff County is about 11.6% smaller.

Figure 7 examines the number of self employed people in the Woodruff County metro area based on the number of people who reported any self employment income. Woodruff County depicts it has a Self Employed of 9.9% which is the third most people self employed of all other counties in the greater Woodruff County region. The county with the highest percentage of people self employed in the area is Prairie County which shows a percentage self employed of 11.2% (12.9% larger).

Turning our attention to Figure 8, the median household income by age group, has the percentage of median income-under 25 years in the mid range of other counties in the surrounding region at $49,583 of the total. Second, it has less than most other counties in the metro area in order of median income-25 to 44 years at $39,000 of the total. Third, it has the smallest proportion of median income-45 to 64 years at $24,500 of the total.

Figure 9 breaks down the source of income and Woodruff County has the largest proportion of income from wages at 9.5% 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 With Retirement Income of 13.8% which is the smallest when ranked by households with retirement income of all the other counties in the metro area. The county with the highest households with retirement income in the area is White County which shows a households with retirement income of 22.2% (60.9% 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 in the mid range of other counties in the local area at $58,906 of the total. Second, it has the second smallest in terms of overall family income of all the other counties in the area when sorted by white family income at $29,931 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. Woodruff County depicts it has the hightest cost of 97.5 for the cost of grocery items classification.

Woodruff County 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 2006 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 4.8% to 3.5% in February 2020. This represents a decrease in the monthly unemployment rate of 27.1%. Since that time, the monthly unemployment rate has gone to 6.2% This represents an increase in the monthly unemployment rate of 77.1%. 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 February 2010 to before the Coronavirus Pandemic the monthly labor force participation went from 3,515 to 2,754 in February 2020. This represents a decrease in the monthly labor force participation of 21.7%. Since that time, the monthly labor force participation has gone to 2,718 This represents a decrease 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 Woodruff County depicts it has a Unemployment Rate of 4.3% which is the most of all counties in the greater Woodruff County region. Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Woodruff County shows it has a Labor Force Participation of 54.5% which is less than most other counties in the surrounding 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). Woodruff County has the largest proportion of employed at 4.3% 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. Woodruff County shows full time employees very much 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 Woodruff County area. Woodruff County depicts it has a Single Earner Families of 22.8% which is the smallest when sorted by families with a single earner of all the other counties in the area. The county with the highest families with a single earner in the area is St Francis County which depicts a single earners rate of 36.8% (61.8% larger). The percentage of families with no one working is depicted in Figure 22. Woodruff County depicts it has a Families with No One Working of 23.4% which is the highest of all counties in the greater Woodruff County region.

Woodruff County Poverty Charts

The next section details economy analysis about poverty for residents of the Woodruff County 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. Woodruff County depicts it has a Total In Poverty of 1,596 which is the second smallest when sorted by total people earning less than the poverty level of all the other counties in the local area. The county with the highest total people earning less than the poverty level in the area is White County which shows a total people earning less than the poverty level of 11,742 ( very much bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Woodruff County depicts it has a Percent of Population In Poverty of 25.2% which is the second most of all the counties in the metro area. The county with the highest percent of people earning less than the poverty level in the area is Monroe County which depicts a percent of people in poverty of 27.1% (7.4% larger).

In Figure 25 people who are in poverty are broken out by age group. Woodruff County has the smallest proportion of person in poverty under 12 years at 5% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Woodruff County has the largest proportion of white poverty rate at 46% of the total and is ranked #1. Second, it has the largest proportion of hawaiian poverty rate at 100% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Woodruff County has the largest proportion of married with children and in poverty at 78% of the total and is ranked #1. Second, it has the largest proportion of unmarried with children and in poverty at 83% 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. Woodruff County has the largest proportion of less than highschool in poverty at 22% 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. Woodruff County has the largest proportion of people who are in poverty and employed at 8.6% 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.) Woodruff County depicts it has a Public Assistance Percent of 27.3% which is ranked #1 of all counties in the metro area.

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Woodruff County shows it has a Gini Index of 50.0% which is the second most the gini index of all the counties in the greater Woodruff County region.

Woodruff County 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 Woodruff County 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.) Woodruff County has the largest proportion of people who drive a car or motorcycle to work at 1% 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 Woodruff County or elsewhere.) Woodruff County has the largest proportion of people who take the bus at 1% of the total and is ranked #1. Second, it has the largest proportion of people who walked at 4% of the total and is ranked #1. Third, it has the smallest proportion of people who took a taxicab, motorcycle or other at 1% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. Woodruff County has the smallest proportion of people who leave for work between 5am to 530am at 5% of the total. Second, it has the largest proportion of people who leave for work between 530 am to 6am at 15% of the total and is ranked #1. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 9% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 830 am to 9am at 1% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Woodruff County has the percentage of people with commute time of less than 5 minutesutes the second smallest in terms of people with commute time of less than 5 minutes of all the other counties in the metro area at 15% of the total. Second, it has less than most other counties in the local area in order of people with commute time between 5 to 9 minutes at 14% of the total. Third, it has the smallest proportion of people with commute time between 15 to 19 minutes at 5% of the total.

The average commute time is shown in Figure 37. Woodruff County depicts it has a Avg Commute Time of 19 which is the smallest when sorted by average commute time of all the other counties in the local area. Figure 38 shows the difference between male versus female commuting time. Woodruff County depicts average commute time in minutes for men 27.3% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Woodruff County has the percentage of no vehicle available the second smallest when sorted by no vehicle available of all the other counties in the area at 17% of the total. Second, it has the largest proportion of 1 vehicle available at 52% of the total and is ranked #1. Third, it has the smallest proportion of 3 vehicles available at 6% of the total. Also, it has the smallest proportion of 4 vehicles available at 0% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Woodruff County depicts it has a Work in city or place where live of 38% which is the second smallest in terms of people who both work and live in the same city of all the other counties in the metro area. The county with the highest people who both work and live in the same city in the area is St Francis County which depicts a people who both work and live in the same city of 52% (37.2% larger). Comparing people who both work and live in the same city to the United States average of 42%, Woodruff County is about 9.5% smaller. Also, in contrast to the state of Arkansas, people who both work and live in the same city of 51%, Woodruff County is approximately three-fourths the size.

Woodruff County 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. Woodruff County depicts it has the hightest median earnings of $62,826 for the earnings-sales and office occupations category. Similarly, Figure 47 shows the median earnings of women for the job categories and Woodruff County depicts it has the hightest median earnings of $53,487 for the earnings-production, transportation, material moving occupations group. The table in Figure 48, shows Woodruff County employment data in terms of job categories and salary data.

Woodruff County 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. Woodruff County depicts it has the hightest entrepreneurs of 92% for the self employed management, business, science, and arts businesses aggregate.

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. Woodruff County indicates it has the hightest entrepreneurs of 70% for the self employed in agriculture, forestry, fishing and hunting, and mining grouping.

In Figure 51 the average annual self employment/entrepreneur income is shown. Woodruff County shows it has a Self Employment Income of $49,228 which is the largest of all counties in the greater Woodruff County region. Comparing average annual self employment income to the United States average of $39,154, Woodruff County is 25.7% larger. Also, benchmarked against the state of Arkansas, average annual self employment income of $34,501, Woodruff County is 42.7% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Woodruff County depicts total number of self-employed men approximately 3.0 times bigger as the total number of self-employed women.