Texarkana, Arkansas Income Statistics
Texarkana 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.
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D
Texarkana Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Texarkana | Arkansas Avg | US Average |
|---|---|---|---|
| Median Household Income | $42,306 | $60,940 | $80,455 |
| Median Personal Income | $41,408 | $49,255 | $60,758 |
| Average Yearly Income Growth | 2.2% | 4.6% | 4.8% |
| Six-Figure Earners | 4.0% | 8.0% | 13.9% |
| $200k+ Households | 3.3% | 6.7% | 13.2% |
The median household income in Texarkana is about 31% lower than in Arkansas. Income has been growing slower in Texarkana (2.2%/yr) than in Arkansas (4.6%/yr).
About 4% of adults in Texarkana 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 Texarkana, Arkansas grew by 22.7% from 2009 to 2024, reaching $42,306 in 2024. That's an average of about 2.2% per year.
Texarkana has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2010, its income was 29% lower. The gap has widened from 33% in 2009 to 47% in 2024.
Income Distribution in Texarkana
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 1,785 households (16.8% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 41.6% of households in Texarkana had an income under $35,000 and 6.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Texarkana has a larger share of households earning under $10,000 (11.0% vs 5.1%) and a smaller share earning $200,000 or more (3.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 1,168 | 11.0% | 5.1% |
| $10,000 to $14,999 | 781 | 7.4% | 3.5% |
| $15,000 to $24,999 | 1,176 | 11.1% | 6.4% |
| $25,000 to $34,999 | 1,290 | 12.2% | 6.7% |
| $35,000 to $49,999 | 1,549 | 14.6% | 10.1% |
| $50,000 to $74,999 | 1,798 | 17.0% | 15.5% |
| $75,000 to $99,999 | 1,058 | 10.0% | 12.6% |
| $100,000 to $149,999 | 1,080 | 10.2% | 17.4% |
| $150,000 to $199,999 | 358 | 3.4% | 9.5% |
| $200,000 or more | 347 | 3.3% | 13.2% |
Shares are of all 10,606 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).
Residents 15+ by personal income, 2024
Income range calculator
About 871 residents (4.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 4.9% of residents who have any income.
In 2024, 17.3% of Texarkana residents aged 15 and over reported no personal income, 36.8% had some income but less than $25,000, and 9.0% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Texarkana has a larger share of residents with no personal income (17.3% vs 12.8%) and a smaller share earning $100,000 or more (4.0% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 3,743 | 17.3% | 12.8% |
| $1 to $9,999 | 2,912 | 13.5% | 11.2% |
| $10,000 to $14,999 | 2,119 | 9.8% | 7.0% |
| $15,000 to $24,999 | 2,940 | 13.6% | 10.5% |
| $25,000 to $34,999 | 2,699 | 12.5% | 9.5% |
| $35,000 to $49,999 | 2,741 | 12.7% | 12.6% |
| $50,000 to $74,999 | 2,538 | 11.7% | 14.3% |
| $75,000 to $99,999 | 1,076 | 5.0% | 8.2% |
| $100,000 or more | 871 | 4.0% | 13.9% |
Shares are of the 21,639 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 17.3% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Texarkana
| Metric | Texarkana | Arkansas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.562 | 0.551 | 0.552 |
| Male Median Income | $48,065 | $57,045 | $69,667 |
| Female Median Income | $39,077 | $46,102 | $56,850 |
| Gender Pay Gap | 18.7% | 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 Texarkana, it is 0.562, 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 23% more than women's income in Texarkana, Arkansas. Over a 35-year career, a 23% wage gap accumulates to roughly $314,580 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Texarkana, Arkansas has narrowed from about 34% to 19% in 2024. In dollar terms, the gap has narrowed by $4,357 since 2009.
Employment
| Metric | Texarkana | Arkansas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.2% | 4.9% | 5.2% |
| Working from Home | 3.6% | 8.8% | 15.0% |
| Commute time (minutes) | 15 | 18 | 22 |
Approximately 956 people are unemployed in Texarkana, Arkansas.
The average commute time in Texarkana is 15 minutes, shorter than the 18 minutes in Arkansas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Texarkana, Arkansas has fallen from 10.2% to 8.2% in 2024. Over that period the rate peaked at 10.6% in 2020 and fell as low as 8.0% in 2023.
Texarkana has stayed well above the U.S. unemployment rate in every year from 2011 to 2024 and has never dropped below it. It came closest in 2012, at 0.4 points higher. The gap has widened from 1.5 points in 2011 to 2.9 points in 2024.
Texarkana, AR Wealth Compared With Nearby Cities
How Texarkana, AR compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Texarkana, AR | 27,296 | $42,306 #2/2 | 2.2%/yr #2/2 | 8.2% #2/2 | 0.562 #1/2 |
| Texarkana, TX | 36,070 | $50,471 | 4.1%/yr | 5.2% | 0.567 |
Conclusion
Considering all these factors, Texarkana, Arkansas has an overall wealth index grade of D, making it somewhat worse than Arkansas, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Texarkana, Arkansas.
How Rich Is Texarkana, Arkansas?
Texarkana 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 $42,306, about 31% lower than the Arkansas average of $60,940.
Are incomes growing in Texarkana, Arkansas?
Between 2009 and 2024, the median household income in Texarkana, Arkansas rose 23%, from $34,478 to $42,306. Over the same years, income here lagged behind Arkansas as a whole: +23% against +58%.
What was the median household income in Texarkana in 2023?
In 2023, the median household income in Texarkana, Arkansas was $43,881, up 5% from $41,947 in 2022. The Arkansas median that year was $58,782.
What was the median household income in Texarkana in 2020?
In 2020, the median household income in Texarkana, Arkansas was $38,995. By 2024 it had risen 8% to $42,306.
Is unemployment high in Texarkana, Arkansas?
Unemployment in Texarkana, Arkansas is 8.2%, well above the Arkansas rate of 4.9%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Texarkana, Arkansas?
The Gini coefficient in Texarkana is 0.562. 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 Texarkana, Arkansas?
Since 2009, the income gap between men and women in Texarkana, Arkansas has narrowed from about 34% to 19% in 2024. In dollar terms, the gap has narrowed by $4,357 since 2009.
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