Chicot County, Arkansas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Chicot County Compares
Detailed Income Statistics
Income Advisory: Chicot County
Income Verdict
Chicot County has a median household income of $39,683 and per capita income of $24,003 — a gap of $15,680, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $661/month and a median household income of $39,683, rent consumes approximately 20.0% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $39,683 indicates below-average earnings, which may limit discretionary spending and make households sensitive to cost-of-living increases. Per capita income of $24,003 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Chicot County earns approximately 22.4% below the Arkansas state median household income of $51,156.
Data Story
About Household Income in Chicot County, Arkansas
Chicot's income gap widens nationally
Chicot County's median household income of $39,683 falls nearly 47% below the national median of $74,755. This income gap ranks Chicot among the lowest-earning counties nationwide, reflecting persistent economic challenges in the Delta region.
Bottom tier in Arkansas
At $39,683, Chicot's median household income ranks in the lowest quartile statewide—22% below Arkansas's state average of $51,156. The county lags most peer communities across the state, indicating localized economic strain.
Trailing neighboring counties
Chicot earns $39,683 compared to nearby Clay County's $48,500 and Cleveland County's $50,509—a gap of $8,800 to $10,800 per household. Even small improvements in local job quality could narrow this disparity significantly.
Rents remain manageable but tight
The 20% rent-to-income ratio suggests housing costs consume one-fifth of household earnings—near the affordability threshold of 25%. With limited income flexibility, unexpected expenses create real financial strain for Chicot families.
Building financial stability matters most
Starting an emergency fund, even with modest deposits, shields Chicot households from wage shocks. Explore low-cost investment options through employer retirement plans or community credit unions to grow wealth over time.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Chicot County
Your income is above the Chicot County median
County median: $39,683 per year
vs. County Median
+0%
vs. State Average
-22%
vs. National Median
-47%
Income Adequacy
Your monthly income ($3,307) vs. median rent ($661/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.