Chicot County, Arkansas Income Statistics
Chicot 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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F
Chicot County Well below averageAmong the 5 least wealthy counties in Arkansas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Chicot County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $39,123 | $60,940 | $80,455 |
| Median Personal Income | $41,448 | $49,255 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.6% | 4.8% |
| Six-Figure Earners | 3.9% | 8.0% | 13.9% |
| $200k+ Households | 3.8% | 6.7% | 13.2% |
The median household income in Chicot County is about 36% lower than in Arkansas. Income has been growing slower in Chicot County (3.7%/yr) than in Arkansas (4.6%/yr).
About 4% of adults in Chicot 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 Chicot County, Arkansas grew by 89.3% from 2009 to 2024, reaching $39,123 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Chicot County
| Metric | Chicot County | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.594 | 0.551 | 0.552 |
| Male Median Income | $46,165 | $57,045 | $69,667 |
| Female Median Income | $37,982 | $46,102 | $56,850 |
| Gender Pay Gap | 17.7% | 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 Chicot County, it is 0.594, higher than Arkansas's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 22% more than women's income in Chicot County, Arkansas. Over a 35-year career, a 22% wage gap accumulates to roughly $286,405 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Chicot County, Arkansas has narrowed from about 29% to 18% in 2024. Over that period the gap was widest at 34% in 2014, and was narrowest at 10% in 2019. In dollar terms, the gap has narrowed by $647 since 2009.
Employment
| Metric | Chicot County | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.0% | 4.9% | 5.2% |
| Working from Home | 3.8% | 8.8% | 15.0% |
| Commute time (minutes) | 16 | 18 | 22 |
Approximately 332 people are unemployed in Chicot County, Arkansas.
The average commute time in Chicot County is 16 minutes, shorter than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Chicot County, Arkansas has fallen from 10.7% to 9.0% in 2024. Over that period the rate peaked at 14.1% in 2021 and fell as low as 8.5% in 2023.
Chicot County, AR Wealth Compared With Nearby Counties
Chicot County, AR is the 4th largest of the 6 counties compared here, 9,757 residents against a local median of 17,048. Where Chicot County, AR breaks from the counties next to it is unemployment, sitting 53% above the local median of 5.9% at 9.0%. That is the weaker end of the local range on this measure.
The counties themselves spread 8.5% on unemployment, so Chicot County, AR sits at one end of an already wide local range rather than apart from it. Chicot County, AR has the 5th lowest unemployment 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. |
|---|---|---|---|---|---|
| Chicot County, AR | 9,757 | $39,123 #5/6 | 3.7%/yr #3/6 | 9.0% #5/6 | 0.594 #5/6 |
| Washington County, MS | 42,708 | $41,953 | 5.0%/yr | 6.3% | 0.578 |
| Ashley County, AR | 18,425 | $44,065 | 2.5%/yr | 5.4% | 0.546 |
| West Carroll Parish, LA | 9,464 | $45,939 | 2.3%/yr | 5.7% | 0.567 |
| Drew County, AR | 17,048 | $43,170 | 3.6%/yr | 5.9% | 0.571 |
| East Carroll Parish, LA | 7,072 | $33,130 | 5.5%/yr | 13.9% | 0.675 |
Conclusion
Considering all these factors, Chicot County, Arkansas has an overall wealth index grade of F, making it somewhat worse than Arkansas, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Chicot County, Arkansas.
How Rich Is Chicot County, Arkansas?
Chicot County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $39,123, about 36% lower than the Arkansas average of $60,940.
How has median household income changed in Chicot County, Arkansas?
Between 2009 and 2024, the median household income in Chicot County, Arkansas rose 89%, from $20,664 to $39,123. Over the same years, income here outpaced Arkansas as a whole: +89% against +58%.
What was the median household income in Chicot County in 2023?
In 2023, the median household income in Chicot County, Arkansas was $39,805, up 9% from $36,669 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Chicot County in 2020?
In 2020, the median household income in Chicot County, Arkansas was $33,738. By 2024 it had risen 16% to $39,123.
Is it hard to find a job in Chicot County, Arkansas?
Unemployment in Chicot County, Arkansas is 9.0%, well above the Arkansas rate of 4.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Chicot County, Arkansas?
The Gini coefficient in Chicot County is 0.594. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Chicot County, Arkansas?
Since 2009, the income gap between men and women in Chicot County, Arkansas has narrowed from about 29% to 18% in 2024. Over that period the gap was widest at 34% in 2014, and was narrowest at 10% in 2019. In dollar terms, the gap has narrowed by $647 since 2009.
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