Faulkner County, Arkansas Income Statistics
Faulkner 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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C
Faulkner County Below averageWealthier than 93% of counties in Arkansas
Source: Map AI Methodology
Income Statistics Overview
| Metric | Faulkner County | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,777 | $60,940 | $80,455 |
| Median Personal Income | $49,621 | $49,255 | $60,758 |
| Average Yearly Income Growth | 3.5% | 4.6% | 4.8% |
| Six-Figure Earners | 8.3% | 8.0% | 13.9% |
| $200k+ Households | 7.8% | 6.7% | 13.2% |
The median household income in Faulkner County is about 10% higher than in Arkansas. Income has been growing slower in Faulkner County (3.5%/yr) than in Arkansas (4.6%/yr).
About 8% of adults in Faulkner 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 Faulkner County, Arkansas grew by 49.6% from 2009 to 2024, reaching $66,777 in 2024. That's an average of about 3.5% per year.
Income Inequality and the Gender Pay Gap in Faulkner County
| Metric | Faulkner County | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.551 | 0.552 |
| Male Median Income | $54,834 | $57,045 | $69,667 |
| Female Median Income | $48,553 | $46,102 | $56,850 |
| Gender Pay Gap | 11.5% | 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 Faulkner County, it is 0.554, 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 13% more than women's income in Faulkner County, Arkansas. Over a 35-year career, a 13% wage gap accumulates to roughly $219,835 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Faulkner County, Arkansas has narrowed from about 27% to 11% in 2024. In dollar terms, the gap has narrowed by $5,354 since 2009.
Employment
| Metric | Faulkner County | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.4% | 4.9% | 5.2% |
| Working from Home | 8.5% | 8.8% | 15.0% |
| Commute time (minutes) | 21 | 18 | 22 |
Approximately 2,143 people are unemployed in Faulkner County, Arkansas.
The average commute time in Faulkner County is 21 minutes, longer than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Faulkner County, Arkansas has fallen from 7.5% to 3.4% in 2024. Over that period the rate peaked at 7.8% in 2012 and fell as low as 3.2% in 2022.
Faulkner County, AR Wealth Compared With Nearby Counties
Faulkner County, AR is the 2nd largest of the 6 counties compared here, 127,709 residents against a local median of 25,225. Faulkner County, AR's unemployment, at 3.4%, runs 28% below the 4.7% typical of the counties around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $66,777 against a local median of $56,072, 19% above it. Every measure here with a clear better direction points the same way, so Faulkner County, AR is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.6% on unemployment, so Faulkner County, AR sits at one end of an already wide local range rather than apart from it. Faulkner County, AR has the 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. |
|---|---|---|---|---|---|
| Faulkner County, AR | 127,709 | $66,777 #2/6 | 3.5%/yr #5/6 | 3.4% #1/6 | 0.554 #6/6 |
| Pulaski County, AR | 399,629 | $62,733 | 3.6%/yr | 4.7% | 0.543 |
| Conway County, AR | 21,055 | $55,358 | 4.7%/yr | 6.4% | 0.537 |
| Van Buren County, AR | 15,983 | $50,521 | 4.9%/yr | 3.8% | 0.541 |
| Cleburne County, AR | 25,225 | $56,072 | 3.9%/yr | 6.4% | 0.527 |
| Lonoke County, AR | 75,267 | $72,662 | 3.3%/yr | 4.2% | 0.520 |
Conclusion
Considering all these factors, Faulkner County, Arkansas has an overall wealth index grade of C, making it somewhat better than Arkansas, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Faulkner County, Arkansas.
How Rich Is Faulkner County, Arkansas?
Faulkner County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,777, about 10% higher than the Arkansas average of $60,940.
How has median household income changed in Faulkner County, Arkansas?
Between 2009 and 2024, the median household income in Faulkner County, Arkansas rose 50%, from $44,633 to $66,777. Over the same years, income here lagged behind Arkansas as a whole: +50% against +58%.
What was the median household income in Faulkner County in 2023?
In 2023, the median household income in Faulkner County, Arkansas was $64,572, up 6% from $60,963 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Faulkner County in 2020?
In 2020, the median household income in Faulkner County, Arkansas was $53,642. By 2024 it had risen 24% to $66,777.
How strong is the job market in Faulkner County, Arkansas?
Unemployment in Faulkner County, Arkansas is only 3.4%, 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 Faulkner County, Arkansas?
The Gini coefficient in Faulkner County is 0.554. 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 Faulkner County, Arkansas?
Since 2009, the income gap between men and women in Faulkner County, Arkansas has narrowed from about 27% to 11% in 2024. In dollar terms, the gap has narrowed by $5,354 since 2009.
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