West Memphis, Arkansas Income Statistics

West Memphis 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
    West Memphis Well below average

Source: Map AI Methodology

Income Statistics Overview

See income data visualized

Metric West Memphis Arkansas Avg US Average
Median Household Income $47,137 $60,940 $80,455
Median Personal Income $42,007 $49,255 $60,758
Average Yearly Income Growth 4.8% 4.6% 4.8%
Six-Figure Earners 2.6% 8.0% 13.9%
$200k+ Households 2.0% 6.7% 13.2%

The median household income in West Memphis is about 23% lower than in Arkansas. Income has been growing faster in West Memphis (4.8%/yr) than in Arkansas (4.6%/yr).

About 3% of adults in West Memphis 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

West Memphis
United States

Median household income in West Memphis, Arkansas grew by 66.0% from 2009 to 2024, reaching $47,137 in 2024. That's an average of about 4.8% per year.

West Memphis has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2013, its income was 39% lower. The gap has narrowed from 44% in 2009 to 41% in 2024.

Year West Memphis United States

Income Distribution in West Memphis

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

Households by income, 2024

West Memphis
United States

Income range calculator

About 1,163 households (13.3% of all households) have an income of $100,000 or more.

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

In 2024, 40.2% of households in West Memphis had an income under $35,000 and 5.2% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., West Memphis has a larger share of households earning $10,000 to $14,999 (11.7% vs 3.5%) and a smaller share earning $200,000 or more (2.0% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 469 5.3% 5.1%
$10,000 to $14,999 1,024 11.7% 3.5%
$15,000 to $24,999 1,006 11.5% 6.4%
$25,000 to $34,999 1,027 11.7% 6.7%
$35,000 to $49,999 1,022 11.7% 10.1%
$50,000 to $74,999 2,060 23.5% 15.5%
$75,000 to $99,999 996 11.4% 12.6%
$100,000 to $149,999 704 8.0% 17.4%
$150,000 to $199,999 279 3.2% 9.5%
$200,000 or more 179 2.0% 13.2%

Shares are of all 8,768 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 West Memphis

Metric West Memphis Arkansas Avg US Average
Gini Coefficient 0.515 0.551 0.552
Male Median Income $48,041 $57,045 $69,667
Female Median Income $39,177 $46,102 $56,850
Gender Pay Gap 18.5% 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 West Memphis, it is 0.515, lower than Arkansas's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.

Men's income is about 23% more than women's income in West Memphis, Arkansas. Over a 35-year career, a 23% wage gap accumulates to roughly $310,240 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 West Memphis, Arkansas has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 24% in 2014, and was narrowest at 9% in 2018. In dollar terms, the gap has widened by $1,002 since 2009.

Year Male Income Female Income Gap %

Employment

Metric West Memphis Arkansas Avg US Average
Unemployment Rate 11.8% 4.9% 5.2%
Working from Home 6.0% 8.8% 15.0%
Commute time (minutes) 16 18 22

Approximately 1,143 people are unemployed in West Memphis, Arkansas.

The average commute time in West Memphis is 16 minutes, shorter than the 18 minutes in Arkansas.

Unemployment Rate Over Time

West Memphis
United States

Since 2011, the unemployment rate in West Memphis, Arkansas has fallen from 13.8% to 11.8% in 2024. Over that period the rate peaked at 14.4% in 2014 and fell as low as 8.2% in 2019.

West Memphis 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 2015, at 2.5 points higher. The gap has widened from 5.1 points in 2011 to 6.5 points in 2024.

Year West Memphis United States

Conclusion

Considering all these factors, West Memphis, 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 West Memphis, Arkansas.

How Rich Is West Memphis, Arkansas?

West Memphis 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 $47,137, about 23% lower than the Arkansas average of $60,940.

Are incomes growing in West Memphis, Arkansas?

Between 2009 and 2024, the median household income in West Memphis, Arkansas rose 66%, from $28,400 to $47,137. Over the same years, income here outpaced Arkansas as a whole: +66% against +58%.

What was the median household income in West Memphis in 2023?

In 2023, the median household income in West Memphis, Arkansas was $46,983, up 6% from $44,396 in 2022. The Arkansas median that year was $58,782.

What was the median household income in West Memphis in 2020?

In 2020, the median household income in West Memphis, Arkansas was $34,630. By 2024 it had risen 36% to $47,137.

How strong is the job market in West Memphis, Arkansas?

Unemployment in West Memphis, Arkansas is 11.8%, well above the Arkansas rate of 4.9%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in West Memphis, Arkansas?

The Gini coefficient in West Memphis is 0.515. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.

How has the income gap between men and women changed in West Memphis, Arkansas?

Since 2009, the income gap between men and women in West Memphis, Arkansas has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 24% in 2014, and was narrowest at 9% in 2018. In dollar terms, the gap has widened by $1,002 since 2009.

Analyze any area in the US

Get local demographics for any address, aggregated by drive time or radius, on the interactive map.

Explore the map →