Colt, AR Employment - Median Household Income, Unemployment Rate

Colt employment information

Index	Colt	Arkansas	National
Income per capita	$16,935	$23,401	$29,829
Median household income	$37,763	$42,336	$55,322
Median income owner occupied	$45,000	$53,342	$70,586
Median income renter occupied	$16,250	$26,724	$35,192
Median earnings male	$35,250	$31,526	$36,919
Median earnings female	$16,375	$22,388	$26,250
Unemployment rate	6.7%	4.0%	4.7%
Poverty level	34.7%	18.8%	15.1%

The Colt, AR employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Colt is $16,935, which is 28% lower than than the Arkansas average and 43% lower than than the national average. The median household income is $37,763, which is 11% lower than than the Arkansas average and 32% lower than than the national average. The unemployment rate in Colt is 7%, which is 43% higher than than the national average. The poverty rate in Colt is 35% which is 130% higher than than the national average.

am i middle class

$25,172$37,763$75,526

City

$28,221$42,336$84,672

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Colt is 43% lower than the national average.
The median household income in Colt is 32% lower than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Colt is 43% higher than the national average.
The poverty level in Colt is 130% higher than the national average.

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Compare Colt, AR Employment To Other Cities

Employment status

Hours worked per week

Colt median earnings by income bracket

Colt employment by industry

Labour Type	Male	Female
Construction industry	10.7%	0.0%
Manufacturing sector	44.0%	7.6%
Financial & insurance services	0.0%	7.6%
Wholesale & retail services	17.9%	17.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	3.6%	0.0%
Education, health & social services	0.0%	23.9%
Other	21.4%	31.5%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Wynne, AR	8,195	$40,086	28%
Caldwell, AR	531	$35,500	36%
Palestine, AR	751	$35,170	36%
Forrest City, AR	14,871	$33,250	40%
Widener, AR	326	$23,438	58%
Colt, AR	455	$37,763	32%

Cities with similar population

City, State	Population	Household Income	National Avg.
Sunbright, TN	455	$37,500	32%
Kelayres, PA	455	$42,019	24%
Augusta, IL	455	$41,250	25%
Junior, WV	455	$27,292	51%
Warrens, WI	455	$60,500	9%
Colt, AR	455	$37,763	32%

Source: The Colt, AR employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).