Little Rock, Arkansas Income Statistics

Little Rock 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.

  • C
    Little Rock Below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Little Rock Arkansas Avg US Average
Median Household Income $62,334 $60,940 $80,455
Median Personal Income $54,761 $49,255 $60,758
Average Yearly Income Growth 4.0% 4.6% 4.8%
Six-Figure Earners 12.5% 8.0% 13.9%
$200k+ Households 11.0% 6.7% 13.2%

The median household income in Little Rock is about 2% higher than in Arkansas. Income has been growing slower in Little Rock (4.0%/yr) than in Arkansas (4.6%/yr).

About 12% of adults in Little Rock 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

Little Rock
United States

Median household income in Little Rock, Arkansas grew by 47.7% from 2009 to 2024, reaching $62,334 in 2024. That's an average of about 4.0% per year.

Little Rock has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2014, at 16% lower. The gap has widened from 17% in 2009 to 23% in 2024.

Year Little Rock United States

Income Distribution in Little Rock

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Little Rock
United States

Income range calculator

About 25,636 households (31.2% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 29.1% of households in Little Rock had an income under $35,000 and 17.1% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Little Rock has a larger share of households earning $35,000 to $49,999 (13.3% vs 10.1%) and a smaller share earning $150,000 to $199,999 (6.0% vs 9.5%).

Household income Households Share U.S. share
Under $10,000 6,126 7.5% 5.1%
$10,000 to $14,999 2,812 3.4% 3.5%
$15,000 to $24,999 6,877 8.4% 6.4%
$25,000 to $34,999 8,084 9.8% 6.7%
$35,000 to $49,999 10,943 13.3% 10.1%
$50,000 to $74,999 12,053 14.7% 15.5%
$75,000 to $99,999 9,578 11.7% 12.6%
$100,000 to $149,999 11,631 14.2% 17.4%
$150,000 to $199,999 4,961 6.0% 9.5%
$200,000 or more 9,045 11.0% 13.2%

Shares are of all 82,109 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).

Income Inequality and the Gender Pay Gap in Little Rock

Metric Little Rock Arkansas Avg US Average
Gini Coefficient 0.554 0.551 0.552
Male Median Income $62,456 $57,045 $69,667
Female Median Income $54,443 $46,102 $56,850
Gender Pay Gap 12.8% 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 Little Rock, 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 15% more than women's income in Little Rock, Arkansas. Over a 35-year career, a 15% wage gap accumulates to roughly $280,455 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Little Rock, Arkansas has narrowed from about 19% to 13% in 2024. Over that period the gap was widest at 19% in 2011. In dollar terms, the gap has widened by $212 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Little Rock Arkansas Avg US Average
Unemployment Rate 4.2% 4.9% 5.2%
Working from Home 12.1% 8.8% 15.0%
Commute time (minutes) 17 18 22

Approximately 3,903 people are unemployed in Little Rock, Arkansas.

The average commute time in Little Rock is 17 minutes, shorter than the 18 minutes in Arkansas.

Unemployment Rate Over Time

Little Rock
United States

Since 2011, the unemployment rate in Little Rock, Arkansas has fallen from 9.0% to 4.2% in 2024. Over that period the rate peaked at 9.9% in 2013.

Little Rock started 0.3 points above the U.S. unemployment rate in 2011 but had dropped below it by 2014, and has not been above it since. In 2024 its rate was 1.1 points lower.

Year Little Rock United States

Conclusion

Considering all these factors, Little Rock, 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 Little Rock, Arkansas.

How Rich Is Little Rock, Arkansas?

Little Rock 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 $62,334, about 2% higher than the Arkansas average of $60,940.

How fast is household income rising in Little Rock, Arkansas?

Between 2009 and 2024, the median household income in Little Rock, Arkansas rose 48%, from $42,205 to $62,334. Over the same years, income here lagged behind Arkansas as a whole: +48% against +58%.

What was the median household income in Little Rock in 2023?

In 2023, the median household income in Little Rock, Arkansas was $59,697, up 3% from $57,962 in 2022. The Arkansas median that year was $58,782.

What was the median household income in Little Rock in 2020?

In 2020, the median household income in Little Rock, Arkansas was $53,014. By 2024 it had risen 18% to $62,334.

Is Little Rock, Arkansas a high-income area?

Yes. 12% of adults in Little Rock, Arkansas earn $100,000 or more a year (about 1 in 8), against 8% (about 1 in 13) in Arkansas. 11% of households have a combined income of $200,000 or more, compared with 7% in Arkansas.

What is the Gini coefficient in Little Rock, Arkansas?

The Gini coefficient in Little Rock 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 Little Rock, Arkansas?

Since 2009, the income gap between men and women in Little Rock, Arkansas has narrowed from about 19% to 13% in 2024. Over that period the gap was widest at 19% in 2011. In dollar terms, the gap has widened by $212 since 2009.

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