Craighead County, Arkansas Income Statistics
Craighead 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
Craighead County Well below averageWealthier than 91% of counties in Arkansas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Craighead County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $59,696 | $60,940 | $80,455 |
| Median Personal Income | $47,796 | $49,255 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.6% | 4.8% |
| Six-Figure Earners | 8.2% | 8.0% | 13.9% |
| $200k+ Households | 7.0% | 6.7% | 13.2% |
The median household income in Craighead County is about 2% lower than in Arkansas. Income has been growing slower in Craighead County (3.9%/yr) than in Arkansas (4.6%/yr).
About 8% of adults in Craighead County earn six figures ($100,000 or more) a year, about the same as the Arkansas average of 8%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Craighead County, Arkansas grew by 51.1% from 2009 to 2024, reaching $59,696 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Craighead County
| Metric | Craighead County | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.548 | 0.551 | 0.552 |
| Male Median Income | $55,216 | $57,045 | $69,667 |
| Female Median Income | $47,926 | $46,102 | $56,850 |
| Gender Pay Gap | 13.2% | 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 Craighead County, it is 0.548, about the same as Arkansas's 0.551, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 15% more than women's income in Craighead County, Arkansas. Over a 35-year career, a 15% wage gap accumulates to roughly $255,150 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Craighead County, Arkansas has narrowed from about 20% to 13% in 2024. Over that period the gap was widest at 20% in 2010, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $156 since 2009.
Employment
| Metric | Craighead County | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 4.9% | 5.2% |
| Working from Home | 6.8% | 8.8% | 15.0% |
| Commute time (minutes) | 17 | 18 | 22 |
Approximately 3,095 people are unemployed in Craighead County, Arkansas.
The average commute time in Craighead County is 17 minutes, shorter than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Craighead County, Arkansas has fallen from 8.7% to 5.6% in 2024. Over that period the rate peaked at 9.1% in 2013.
Craighead County, AR Wealth Compared With Nearby Counties
Craighead County, AR is the largest of the 6 counties compared here, 113,245 residents against a local median of 16,543. Where Craighead County, AR breaks from the counties next to it is median household income, sitting 17% above the local median of $50,913 at $59,696. That is the better end of the local range on this measure.
The counties themselves spread $13,958 on median household income, so Craighead County, AR sits at one end of an already wide local range rather than apart from it. Craighead County, AR has the highest median household income 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. |
|---|---|---|---|---|---|
| Craighead County, AR | 113,245 | $59,696 #1/6 | 3.9%/yr #3/6 | 5.6% #1/6 | 0.548 #6/6 |
| Poinsett County, AR | 22,543 | $47,208 | 3.8%/yr | 6.4% | 0.522 |
| Greene County, AR | 46,432 | $58,818 | 3.9%/yr | 5.9% | 0.544 |
| Lawrence County, AR | 16,233 | $44,859 | 3.7%/yr | 5.8% | 0.545 |
| Cross County, AR | 16,543 | $50,913 | 3.5%/yr | 10.7% | 0.512 |
| Clay County, AR | 14,278 | $51,698 | 6.0%/yr | 6.3% | 0.488 |
Conclusion
Considering all these factors, Craighead County, Arkansas has an overall wealth index grade of D, making it somewhat better than Arkansas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Craighead County, Arkansas.
How Rich Is Craighead County, Arkansas?
Craighead 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 $59,696, about 2% lower than the Arkansas average of $60,940.
How fast is household income rising in Craighead County, Arkansas?
Between 2009 and 2024, the median household income in Craighead County, Arkansas rose 51%, from $39,514 to $59,696. Over the same years, income here lagged behind Arkansas as a whole: +51% against +58%.
What was the median household income in Craighead County in 2023?
In 2023, the median household income in Craighead County, Arkansas was $57,086, up 4% from $54,806 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Craighead County in 2020?
In 2020, the median household income in Craighead County, Arkansas was $49,764. By 2024 it had risen 20% to $59,696.
What is the Gini coefficient in Craighead County, Arkansas?
The Gini coefficient in Craighead County is 0.548. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Craighead County, Arkansas?
Since 2009, the income gap between men and women in Craighead County, Arkansas has narrowed from about 20% to 13% in 2024. Over that period the gap was widest at 20% in 2010, and was narrowest at 11% in 2022. In dollar terms, the gap has widened by $156 since 2009.
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