Median household income is a gauge of overall economic health of the region and the financial resources of households. Examining income for different racial and ethnic groups is important as a measure of inequity.

In 2020-24, the median income was about $60,800, up 11% after adjusting for inflation from 2010-14. This was about 75% of the national median income, making Arkansas fourth to last in the nation on this indicator, similar to Louisiana ($60,800) and higher than West Virginia ($59,600) and Mississippi ($56,400). Median income was by far the lowest for Black or African American households at $40,200. Median incomes were highest among Asian households at $88,800 and nearly $65,400 for White households.

Within the state, median incomes were lowest in Lee County at $34,400 and highest in Benton County at $93,500.

Large and persistent disparities in income are the result of historic and current policies and practices that disadvantage people of color. Research has connected slavery and the inability of Black Americans even after emancipation to fully participate in economic life to the wealth and income gaps still present today. Structural racism perpetuated by policies and practices that systematically disadvantage African American and Latino communities include inequitable education, low wages, job and wage discrimination, lack of access to capital, and globalization. Even when a recovery from the current economic crisis occurs, it is not expected to make up for the pre-existing racial disparities experienced over time unless policies are enacted to address these gaps.

Figures are in constant 2022 dollars. The multiyear figures are from the Census Bureau s American Community Survey. The bureau combined 5 years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. However, because the information came from a survey, the samples responding to the survey were not always large enough to produce reliable results, especially in small geographic areas. CGR has noted on data tables the estimates with relatively large margins of error. Estimates with 3 asterisks have the largest margins, plus or minus 50% or more of the estimate. Two asterisks mean plus or minus 35%-50%, and one asterisk means plus or minus 20%-35%. For all estimates, the confidence level is 90%, meaning there is 90% probability the true value (if the whole population were surveyed) would be within the margin of error (or confidence interval). The survey provides data on characteristics of the population that used to be collected only during the decennial census.