Hempstead County, Arkansas
Income Data
At a Glance
How Hempstead County Compares
Detailed Income Statistics
Data Story
About Household Income in Hempstead County, Arkansas
Hempstead income lags far behind nation
Hempstead County's median household income of $47,654 falls 36% below the national median of $74,755, representing a substantial economic gap. This $27,101 shortfall means Hempstead households earn barely half what national-average families bring home annually.
Below-average earnings for Arkansas
Hempstead County ranks below Arkansas's state median of $51,156, with a household income about 7% lower than the state average. This below-average performance reflects economic challenges that require strategic county development and workforce initiatives.
Struggles against nearby earners
Hempstead County's $47,654 median household income trails Grant County ($72,512), Garland ($55,409), and Independence ($56,009) by significant margins. Only the most economically challenged neighboring counties approach or fall below Hempstead's earning power.
Housing pressure on tight budgets
Hempstead households spend 19.7% of income on rent, approaching the 30% affordability threshold and reflecting mounting housing pressure on modest wages. With median home values at $100,200, housing remains relatively affordable, but residents must budget carefully to manage other living costs.
Start investing despite income limits
Even Hempstead residents earning $47,654 can begin wealth-building through employer 401(k) matches, individual retirement accounts, and automated savings tools. Micro-investing apps and employer financial wellness programs help low-to-moderate income earners start building financial security today.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Hempstead County median
County median: $47,654 per year
vs. County Median
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vs. State Average
-7%
vs. National Median
-36%
Income Adequacy
Your monthly income ($3,971) vs. median rent ($781/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.