Nevada County, Arkansas
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Nevada County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
See how your household income compares in Nevada County
Your income is above the Nevada County median
County median: $41,761 per year
vs. County Median
+0%
vs. State Average
-18%
vs. National Median
-44%
Income Adequacy
Your monthly income ($3,480) vs. median rent ($841/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.