Carroll County, Arkansas Income Statistics
Carroll County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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D
Carroll County Well below averageWealthier than 81% of counties in Arkansas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,547 | $60,940 | $80,455 |
| Median Personal Income | $41,833 | $49,255 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.6% | 4.8% |
| Six-Figure Earners | 5.8% | 8.0% | 13.9% |
| $200k+ Households | 4.6% | 6.7% | 13.2% |
The median household income in Carroll County is about 9% lower than in Arkansas. Income has been growing faster in Carroll County (4.7%/yr) than in Arkansas (4.6%/yr).
About 6% of adults in Carroll County earn six figures ($100,000 or more) a year, lower than the Arkansas average of 8%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Carroll County, Arkansas grew by 67.7% from 2009 to 2024, reaching $55,547 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Carroll County
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.532 | 0.551 | 0.552 |
| Male Median Income | $46,504 | $57,045 | $69,667 |
| Female Median Income | $40,908 | $46,102 | $56,850 |
| Gender Pay Gap | 12.0% | 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 Carroll County, it is 0.532, 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 14% more than women's income in Carroll County, Arkansas. Over a 35-year career, a 14% wage gap accumulates to roughly $195,860 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Carroll County, Arkansas has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 28% in 2011, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $664 since 2009.
Employment
| Metric | Carroll County | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 4.9% | 5.2% |
| Working from Home | 11.2% | 8.8% | 15.0% |
| Commute time (minutes) | 16 | 18 | 22 |
Approximately 589 people are unemployed in Carroll County, Arkansas.
The average commute time in Carroll County is 16 minutes, shorter than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Carroll County, Arkansas has fallen from 8.1% to 4.7% in 2024. Over that period the rate peaked at 8.3% in 2012 and fell as low as 3.1% in 2022.
Carroll County, AR Wealth Compared With Nearby Counties
Carroll County, AR is typical in size for this group, 28,630 residents against a local median of 32,050, so the measures below are close to a like for like comparison. Carroll County, AR sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is income growth, 7% below the local median at 4.7%/yr against 5.1%/yr. Carroll County, AR has the 4th highest income growth of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Carroll County, AR | 28,630 | $55,547 #5/6 | 4.7%/yr #4/6 | 4.7% #4/6 | 0.532 #4/6 |
| Madison County, AR | 17,329 | $56,495 | 4.6%/yr | 5.3% | 0.534 |
| Stone County, MO | 32,050 | $64,442 | 5.6%/yr | 7.1% | 0.511 |
| Boone County, AR | 38,139 | $56,003 | 4.7%/yr | 2.5% | 0.519 |
| Barry County, MO | 35,028 | $58,172 | 5.3%/yr | 4.6% | 0.535 |
| Newton County, AR | 7,111 | $49,188 | 5.1%/yr | 4.1% | 0.499 |
Conclusion
Considering all these factors, Carroll County, Arkansas has an overall wealth index grade of D, making it about on par with Arkansas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Carroll County, Arkansas.
How Rich Is Carroll County, Arkansas?
Carroll County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $55,547, about 9% lower than the Arkansas average of $60,940.
How fast is household income rising in Carroll County, Arkansas?
Between 2009 and 2024, the median household income in Carroll County, Arkansas rose 68%, from $33,122 to $55,547. Over the same years, income here outpaced Arkansas as a whole: +68% against +58%.
What was the median household income in Carroll County in 2023?
In 2023, the median household income in Carroll County, Arkansas was $54,483, down 4% from $56,852 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Carroll County in 2020?
In 2020, the median household income in Carroll County, Arkansas was $48,378. By 2024 it had risen 15% to $55,547.
What is the Gini coefficient in Carroll County, Arkansas?
The Gini coefficient in Carroll County is 0.532. 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 Carroll County, Arkansas?
Since 2009, the income gap between men and women in Carroll County, Arkansas has narrowed from about 16% to 12% in 2024. Over that period the gap was widest at 28% in 2011, and was narrowest at 12% in 2023. In dollar terms, the gap has widened by $664 since 2009.
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