Lafayette County, Arkansas
Income Data
At a Glance
How Lafayette County Compares
Detailed Income Statistics
Data Story
About Household Income in Lafayette County, Arkansas
Lafayette faces steepest income gap
Lafayette County's median household income of $37,237 is the lowest among these eight counties and trails the US median of $74,755 by 50%. This profound gap reflects Lafayette's economic fragility and limited wage-earning opportunities.
Arkansas's income basement
Lafayette ranks among Arkansas's lowest-income counties, earning $13,919 less than the state average of $51,156. With a per capita income of just $22,393—the lowest in this group—Lafayette struggles with limited employment and wage diversity.
Lowest earner in its peer group
Lafayette's $37,237 median income significantly underperforms all neighbors: Lee County ($36,860) ties it at the bottom, while Jackson ($41,215), Lawrence ($44,164), and Johnson ($44,808) all earn substantially more. This consistent underperformance signals structural economic disadvantage in the county.
Housing costs consume tight budgets
At 22.9%, Lafayette's rent-to-income ratio is the highest among peer counties, meaning households spend nearly a quarter of earnings on housing. With a median home value of just $74,600, even ownership becomes challenging for many families given the low income base.
Lafayette: building wealth from scratch
With limited discretionary income, Lafayette residents should focus first on debt reduction and emergency savings, even $25–50 monthly. Community credit unions, free financial counseling, and employer benefits (if available) provide low-barrier paths to financial stability; compound growth happens slowly but steadily with consistency.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Lafayette County median
County median: $37,237 per year
vs. County Median
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vs. State Average
-27%
vs. National Median
-50%
Income Adequacy
Your monthly income ($3,103) vs. median rent ($711/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.