IncomeBy County

Nevada County, Arkansas

+3% vs. Arkansas average
$53,886
Median Household Income
$25,763
Per Capita Income

At a Glance

Median Household Income
$53,886
+3% vs. state avg
Per Capita Income
$25,763
-35% vs. national
Income-to-Housing Ratio
64.7%
income as % of home value
Rank in Arkansas
#31 / 75
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Nevada County Compares

Nevada County$53,886
Arkansas Average$52,446
National Median$74,755

Detailed Income Statistics

$53,886
Median Household Income
$25,763
Per Capita Income
$83,300
Median Home Value
64.7%
Income-to-Housing Ratio

Income Advisory: Nevada County

Income Verdict

Nevada County has a median household income of $41,761 and per capita income of $23,002 — a gap of $18,759, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $841/month and a median household income of $41,761, rent consumes approximately 24.2% of monthly income — well within affordable thresholds.

Economic Context

A median household income of $41,761 indicates below-average earnings, which may limit discretionary spending and make households sensitive to cost-of-living increases. Per capita income of $23,002 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.

Neighbor Context

Nevada County earns approximately 18.4% below the Arkansas state median household income of $51,156.

Data Story

About Household Income in Nevada County, Arkansas

Nevada faces significant income challenge

Nevada County's median household income of $41,761 lags the national median of $74,755 by $32,994, or 44%—placing it among the lowest-earning counties nationwide. This substantial gap reflects economic headwinds common in rural south-central Arkansas.

Below Arkansas average by $9,000

Nevada ranks among Arkansas's lowest-income counties at $41,761, roughly $9,400 below the state median of $51,156. The per capita income of $23,002 also trails the state average of $28,096, indicating systemic income constraints.

Struggling compared to regional peers

Nevada's $41,761 is the second-lowest in its region, above only Phillips County ($38,874) but significantly below Montgomery ($49,015) and Newton County ($47,395). The county faces steeper economic headwinds than most neighboring areas.

Housing costs strain budgets

Nevada's rent-to-income ratio of 24.2% approaches the affordability ceiling, meaning renters spend nearly a quarter of earnings on housing alone. The median home value of $85,700 is relatively low, but still represents a significant burden for households earning under $42,000 annually.

Stretch small earnings further

Nevada residents must prioritize budgeting and avoid high-interest debt to build wealth on limited incomes. Even modest contributions to employer 401(k) plans or emergency savings accounts create financial buffers and reduce vulnerability to economic shocks.

Frequently Asked Questions

What is the median household income in Nevada County, Arkansas?
The median household income in Nevada County, Arkansas is $53,886, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Nevada County?
The per capita income in Nevada County is $25,763, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $53,886.
How does Nevada County compare to the Arkansas average?
Nevada County's median household income of $53,886 is higher than the Arkansas state average of $52,446. The per capita income is $25,763, compared to the state average of $29,003.
What is the per capita income in Nevada County, Arkansas?
The per capita income in Nevada County, Arkansas is $25,763, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Nevada County income higher than the Arkansas average?
Nevada County's median household income of $53,886 is higher than the Arkansas average of $52,446. This difference of $1,440 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Nevada County rank for income in Arkansas?
Nevada County ranks #31 out of 75 counties in Arkansas by median household income (1 = highest). With a median household income of $53,886 and per capita income of $25,763, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Nevada County

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Your income is above the Nevada County median

County median: $53,886 per year

vs. County Median

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vs. State Average

+3%

vs. National Median

-28%

vs. Nevada County MedianAbout equal
vs. Arkansas Average3% above
vs. National Median28% below

Income Adequacy

Monthly income covers median rent5.2x

Your monthly income ($4,491) vs. median rent ($869/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.