All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Des Arc sees its highest median household income among householders in the age group of 25 to 44 years old, at $72,234. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Des Arc, the median household income stands at $72,234 for householders within the 25 to 44 years age group, followed by $37,463 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $27,575.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $23,200(47.31%), escalating from a median of $49,034 in 2011 to $72,234 in 2021.
- 6(1.10%) households where the householder is under 25 years old.
- 118(21.69%) households with a householder aged between 25 and 44 years.
- 222(40.81%) households with a householder aged between 45 and 64 years.
- 198(36.40%) households where the householder is over 65 years old.
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Gender
In Des Arc, the population consists of 680 males (50.71%) and 661 females (49.29%). Here are the primary highlights from the gender-based income distribution analysis:
- In Des Arc, the median income for all workers aged 15 years and older, regardless of work hours, was $27,205 for males and $17,943 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,692 for males and $36,481 for females.
- In Des Arc, the median income for all workers aged 15 years and older, regardless of work hours, was $27,205 for males and $17,943 for females.
- In Des Arc, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,692, while females earned $36,481, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Des Arc, the population is predominantly White, constituting 78% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $35,933.
- In Des Arc, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $71,610. This reveals that, while Whites may be the most numerous in Des Arc, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Des Arc, the median household income for the households where the householder is White decreased by $11,913(24.90%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,846 in 2011 and $35,933 in 2021.
- In Des Arc, the median household income for the households where the householder is Black or African American increased by $49,499(234.08%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $21,146 in 2011 and $70,645 in 2021.
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Year by year
Des Arc, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Des Arc decreased by $15,522 (29.57%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 3,789 (from $34,653 to $38,442). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 7,999 (from $46,546 to $38,547).
- It then further increased to $71,031 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.443, it is evident that income distribution in Des Arc, AR exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $70,935. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $25,756.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)