Russellville, Arkansas Income Statistics

Russellville 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.

  • D
    Russellville Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Russellville Arkansas Avg US Average
Median Household Income $51,848 $60,940 $80,455
Median Personal Income $41,537 $49,255 $60,758
Average Yearly Income Growth 5.0% 4.6% 4.8%
Six-Figure Earners 5.9% 8.0% 13.9%
$200k+ Households 5.2% 6.7% 13.2%

The median household income in Russellville is about 15% lower than in Arkansas. Income has been growing faster in Russellville (5.0%/yr) than in Arkansas (4.6%/yr).

About 6% of adults in Russellville 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

Russellville
United States

Median household income in Russellville, Arkansas grew by 30.7% from 2009 to 2024, reaching $51,848 in 2024. That's an average of about 5.0% per year.

Russellville has stayed well below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 22% in 2009, the closest it has been, to 36% in 2024.

Year Russellville United States

Income Distribution in Russellville

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

Households by income, 2024

Russellville
United States

Income range calculator

About 1,813 households (19.8% of all households) have an income of $100,000 or more.

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

In 2024, 32.9% of households in Russellville had an income under $35,000 and 10.7% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Russellville has a larger share of households earning $50,000 to $74,999 (21.6% vs 15.5%) and a smaller share earning $100,000 to $149,999 (9.1% vs 17.4%).

Household income Households Share U.S. share
Under $10,000 794 8.7% 5.1%
$10,000 to $14,999 524 5.7% 3.5%
$15,000 to $24,999 821 9.0% 6.4%
$25,000 to $34,999 869 9.5% 6.7%
$35,000 to $49,999 1,422 15.6% 10.1%
$50,000 to $74,999 1,977 21.6% 15.5%
$75,000 to $99,999 926 10.1% 12.6%
$100,000 to $149,999 831 9.1% 17.4%
$150,000 to $199,999 506 5.5% 9.5%
$200,000 or more 476 5.2% 13.2%

Shares are of all 9,145 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 Russellville

Metric Russellville Arkansas Avg US Average
Gini Coefficient 0.570 0.551 0.552
Male Median Income $52,478 $57,045 $69,667
Female Median Income $35,017 $46,102 $56,850
Gender Pay Gap 33.3% 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 Russellville, it is 0.570, 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 50% more than women's income in Russellville, Arkansas. Over a 35-year career, a 50% wage gap accumulates to roughly $611,135 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 Russellville, Arkansas has widened from about 29% to 33% in 2024. Over that period the gap was widest at 45% in 2021, and was narrowest at 23% in 2016. In dollar terms, the gap has widened by $6,006 since 2009.

Sharply against the trend: the pay gap in Russellville widened by 4.3 points while Arkansas's narrowed by 4.6 points.

Year Male Income Female Income Gap %

Employment

Metric Russellville Arkansas Avg US Average
Unemployment Rate 6.2% 4.9% 5.2%
Working from Home 4.4% 8.8% 15.0%
Commute time (minutes) 12 18 22

Approximately 725 people are unemployed in Russellville, Arkansas.

The average commute time in Russellville is 12 minutes, shorter than the 18 minutes in Arkansas.

Unemployment Rate Over Time

Russellville
United States

Since 2011, the unemployment rate in Russellville, Arkansas has fallen from 8.0% to 6.2% in 2024. Over that period the rate peaked at 8.8% in 2015 and fell as low as 4.7% in 2023.

Russellville has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it in 2024, at 1.0 point higher.

Year Russellville United States

Conclusion

Considering all these factors, Russellville, 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 Russellville, Arkansas.

How Rich Is Russellville, Arkansas?

Russellville 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 $51,848, about 15% lower than the Arkansas average of $60,940.

Are incomes growing in Russellville, Arkansas?

Between 2009 and 2024, the median household income in Russellville, Arkansas rose 31%, from $39,669 to $51,848. Over the same years, income here lagged behind Arkansas as a whole: +31% against +58%.

What was the median household income in Russellville in 2023?

In 2023, the median household income in Russellville, Arkansas was $50,344, up 11% from $45,382 in 2022. The Arkansas median that year was $58,782.

What was the median household income in Russellville in 2020?

In 2020, the median household income in Russellville, Arkansas was $37,899. By 2024 it had risen 37% to $51,848.

Is unemployment high in Russellville, Arkansas?

Unemployment in Russellville, Arkansas is 6.2%, well above the Arkansas rate of 4.9%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Russellville, Arkansas?

The Gini coefficient in Russellville is 0.570. 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 Russellville, Arkansas?

Since 2009, the income gap between men and women in Russellville, Arkansas has widened from about 29% to 33% in 2024. Over that period the gap was widest at 45% in 2021, and was narrowest at 23% in 2016. In dollar terms, the gap has widened by $6,006 since 2009.

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