Benton, Arkansas Income Statistics
Benton Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Benton Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Benton | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $72,726 | $60,940 | $80,455 |
| Median Personal Income | $52,283 | $49,255 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.6% | 4.8% |
| Six-Figure Earners | 8.7% | 8.0% | 13.9% |
| $200k+ Households | 5.7% | 6.7% | 13.2% |
The median household income in Benton is about 19% higher than in Arkansas. Income has been growing slower in Benton (3.5%/yr) than in Arkansas (4.6%/yr).
About 9% of adults in Benton earn six figures ($100,000 or more) a year, higher than the Arkansas average of 8%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Benton, Arkansas grew by 49.8% from 2009 to 2024, reaching $72,726 in 2024. That's an average of about 3.5% per year.
Benton has been below the U.S. median household income in most years since 2009, but rose above it in 2012-2013 and 2016. In 2024 its income was 9.6% lower.
Income Distribution in Benton
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 4,080 households (35.2% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 20.0% of households in Benton had an income under $35,000 and 14.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Benton has a larger share of households earning $100,000 to $149,999 (20.7% vs 17.4%) and a smaller share earning $200,000 or more (5.7% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 341 | 2.9% | 5.1% |
| $10,000 to $14,999 | 275 | 2.4% | 3.5% |
| $15,000 to $24,999 | 785 | 6.8% | 6.4% |
| $25,000 to $34,999 | 915 | 7.9% | 6.7% |
| $35,000 to $49,999 | 1,498 | 12.9% | 10.1% |
| $50,000 to $74,999 | 2,145 | 18.5% | 15.5% |
| $75,000 to $99,999 | 1,537 | 13.3% | 12.6% |
| $100,000 to $149,999 | 2,396 | 20.7% | 17.4% |
| $150,000 to $199,999 | 1,021 | 8.8% | 9.5% |
| $200,000 or more | 663 | 5.7% | 13.2% |
Shares are of all 11,575 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 1,976 residents (8.7% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 10.0% of residents who have any income.
In 2024, 12.6% of Benton residents aged 15 and over reported no personal income, 24.9% had some income but less than $25,000, and 20.4% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Benton has a larger share of residents earning $75,000 to $99,999 (11.7% vs 8.2%) and a smaller share earning $100,000 or more (8.7% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,857 | 12.6% | 12.8% |
| $1 to $9,999 | 2,006 | 8.8% | 11.2% |
| $10,000 to $14,999 | 1,288 | 5.7% | 7.0% |
| $15,000 to $24,999 | 2,356 | 10.4% | 10.5% |
| $25,000 to $34,999 | 2,469 | 10.9% | 9.5% |
| $35,000 to $49,999 | 3,331 | 14.7% | 12.6% |
| $50,000 to $74,999 | 3,757 | 16.6% | 14.3% |
| $75,000 to $99,999 | 2,649 | 11.7% | 8.2% |
| $100,000 or more | 1,976 | 8.7% | 13.9% |
Shares are of the 22,690 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.6% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Benton
| Metric | Benton | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.551 | 0.552 |
| Male Median Income | $69,618 | $57,045 | $69,667 |
| Female Median Income | $48,718 | $46,102 | $56,850 |
| Gender Pay Gap | 30.0% | 19.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Benton, it is 0.506, lower than Arkansas's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 43% more than women's income in Benton, Arkansas. Over a 35-year career, a 43% wage gap accumulates to roughly $731,500 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Benton, Arkansas has widened from about 26% to 30% in 2024. Over that period the gap was narrowest at 3% in 2017. In dollar terms, the gap has widened by $9,145 since 2009.
Sharply against the trend: the pay gap in Benton widened by 4.0 points while Arkansas's narrowed by 4.6 points.
Employment
| Metric | Benton | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.9% | 5.2% |
| Working from Home | 9.3% | 8.8% | 15.0% |
| Commute time (minutes) | 23 | 18 | 22 |
Approximately 523 people are unemployed in Benton, Arkansas.
The average commute time in Benton is 23 minutes, longer than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Benton, Arkansas has fallen from 6.9% to 3.6% in 2024. Over that period the rate peaked at 7.2% in 2013 and fell as low as 3.4% in 2018.
Benton has stayed well below the U.S. unemployment rate in every year from 2011 to 2024 and has never risen above it. It came closest in 2023, at 0.8 points lower. The gap has held fairly steady over the period.
Benton, AR Wealth Compared With Nearby Cities
How Benton, AR compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Benton, AR | 27,771 | $72,726 #2/2 | 3.5%/yr #1/2 | 3.6% #2/2 | 0.506 #2/2 |
| Bryant, AR | 20,968 | $82,777 | 3.4%/yr | 2.6% | 0.505 |
Conclusion
Considering all these factors, Benton, Arkansas has an overall wealth index grade of B, making it somewhat better than Arkansas, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Benton, Arkansas.
How Rich Is Benton, Arkansas?
Benton has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $72,726, about 19% higher than the Arkansas average of $60,940.
How has median household income changed in Benton, Arkansas?
Between 2009 and 2024, the median household income in Benton, Arkansas rose 50%, from $48,563 to $72,726. Over the same years, income here lagged behind Arkansas as a whole: +50% against +58%.
What was the median household income in Benton in 2023?
In 2023, the median household income in Benton, Arkansas was $70,358, up 3% from $68,046 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Benton in 2020?
In 2020, the median household income in Benton, Arkansas was $61,367. By 2024 it had risen 19% to $72,726.
Is unemployment high in Benton, Arkansas?
Unemployment in Benton, Arkansas is only 3.6%, well below the Arkansas rate of 4.9%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Benton, Arkansas?
The Gini coefficient in Benton is 0.506. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Benton, Arkansas?
Since 2009, the income gap between men and women in Benton, Arkansas has widened from about 26% to 30% in 2024. Over that period the gap was narrowest at 3% in 2017. In dollar terms, the gap has widened by $9,145 since 2009.
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