Median Income In Arkansas Down, Bachelor’s Degree Numbers Up

More Arkansans have acquired a bachelor’s degree in the last five years as compared to the previous five years, but median income in the state has slightly dropped during the same period, according to the American Community Survey.

Poverty rates in the state among 18- to 64-year olds grew, while the number of people speaking another language in their homes other than English rose slightly. It’s not typical for the Natural State to have wide-ranging fluctuations in the 40 categories outlined in the survey, Arkansas Economic Development Institute Executive Director Jim Youngquist told Talk Business & Politics

These economic, health, cultural, and other indicators give state leaders a snapshot of the life conditions within the state and where the trend lines are moving, he said. Information like this can be a key tool in public policy decisions in the future, and can help entire industries, such as health, make decisions about how to proceed in the future, he said. Only significant statistical changes in the 40 categories were noted in the report released by AEDI.  MORE

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