Waldron Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Waldron, Arkansas? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Waldron, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Waldron is $39,750.00.

The chart below shows the average household income by age in Waldron.

  • Under 25
    $0.00
  • 25 to 44
    $44,940.00
  • 45 to 64
    $48,622.00
  • 65 and over
    $26,429.00

Average Household Income

A very commonly asked question is "what is the average household income in Waldron, Arkansas?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Waldron is $45,589.00.

0.92% of households in Waldron, Arkansas are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Waldron but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Waldron

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Waldron, Arkansas easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    28.85%
  • $25,000 to $49,999
    31.69%
  • $50,000 to $74,999
    25.69%
  • $75,000 to $99,999
    7.85%
  • $100,000 to $149,999
    4.46%
  • $150,000 to $199,999
    0.54%
  • $200,000 or more
    0.92%

Per Capita Income

The per capita income is the average income of all people in Waldron, Arkansas. This is calculated by dividing the total income of all people in Waldron by the total number of people in Waldron.

It differs from the average or mean household income because it includes all people in Waldron and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Waldron, Arkansas is $18,187.00.

Population in Waldron by Race and Ethnicity

The total population in Waldron is currently 3,375 people.

The race and ethnicity of the population in Waldron can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Waldron, Arkansas.

  • 0.20% White
    7
  • 79.90% Black/African American
    2,696
  • 76.00% Native
    2,564
  • 16.50% Hispanic
    558
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.10% Two or more races
    5
  • 0.00% Other
    0

Population of Waldron by Age and Gender

Another very important demographics statistic for Waldron, Arkansas is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 221 77
10 to 19 Years 441 196
20 to 29 Years 226 181
30 to 39 Years 188 201
40 to 49 Years 181 205
50 to 59 Years 252 276
60 to 69 Years 156 176
70 Years and over 168 230

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Waldron, Arkansas.

  • Master's degree or higher
    5.82%
  • Bachelor's degree
    14.60%
  • Some college or associate's degree
    18.54%
  • High school diploma or equivalent
    52.34%
  • Less than high school diploma
    8.70%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Waldron because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Waldron look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Waldron, Arkansas that are over the age of 16.

The current population in Waldron that are over the age of 16 is 2,746 people.

The unemployment rate in Waldron is 10.80%, which means 167 people are unemployed.

Median Age in Waldron

The median age is an interesting metric because it gives us an idea of the age distribution of people in Waldron, Arkansas. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Waldron is 39.2 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Waldron

39.2

Total

31.4

Male

45.4

Female

Households and Families

There are a total of 1,300 households in Waldron, and the average household size is 2.54 people.

For families, the total number is 849, and the average family size is 3.29 people.

16.00% of those families in Waldron, Arkansas are living below the poverty line.

The table below shows the poverty thresholds for Waldron in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Waldron, Arkansas for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 639 86 124 451
Average Household Size 2.74 4.64 5.48 1.04
Total Families 639 86 124 0
Average Household Size 2.74 4.24 5.48 0

Housing Data in Waldron

There are total of 1,596 housing units in Waldron, Arkansas. Of those units, 1,300 (81.45%) are occupied, and 296 (18.55%) are vacant.

Rental Rates

Of the 1,596 housing units in Waldron, 508 (31.83%) are occupied by renters. The median rent paid by renters is $624.00.

Owner occupied housing units make up the remaining 46.55% of housing units, with 743 housing units in total.

The table below breaks down how much rent is paid by renters in Waldron, Arkansas.

  • No rent paid
    49
  • Less than $500
    139
  • $500 to $999
    339
  • $1,000 to $1,499
    14
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    16
  • $3,000 or more
    0

Property Values

The median value of a property in Waldron is $91,500.00.

The table below breaks down the range of valuations for all properties in Waldron.

  • Less than $50,000
    79
  • $50,000 to $99,999
    356
  • $100,000 to $149,999
    189
  • $150,000 to $199,999
    33
  • $200,000 to $299,999
    56
  • $300,000 to $499,999
    20
  • $500,000 to $999,999
    0
  • $1,000,000 or more
    10

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Waldron, Arkansas.

  • 1939 or earlier
    71
  • 1940 to 1949
    53
  • 1950 to 1959
    327
  • 1960 to 1969
    233
  • 1970 to 1979
    201
  • 1980 to 1989
    243
  • 1990 to 1999
    274
  • 2000 to 2009
    84
  • 2010 to 2013
    110
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Waldron has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    210
  • 1 vehicle available
    388
  • 2 vehicles available
    414
  • 3 or more vehicles available
    288

Commuting to Work in Waldron

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Waldron, Arkansas, how they commute, and how that correlates to other data points.

The average travel time is 21.1 minutes, and the chart below covers the range of travel times across the population of Waldron.

  • Less than 5 minutes
    308
  • 5 to 9 minutes
    342
  • 10 to 14 minutes
    336
  • 15 to 19 minutes
    21
  • 20 to 24 minutes
    0
  • 25 to 29 minutes
    0
  • 30 to 34 minutes
    36
  • 35 to 39 minutes
    23
  • 40 to 44 minutes
    7
  • 45 to 59 minutes
    26
  • 60 to 89 minutes
    218
  • 90 or more minutes
    43

We can also look at the means of transport in Waldron to see which modes of transport people are using to commute to work.

  • Drove alone
    1,113
  • Carpooled
    146
  • Public transportation
    0
  • Walked
    14
  • Other means
    87
  • Worked from home
    14

Conclusion

Hopefully this article has given you the demographics data you were looking for in Waldron, Arkansas.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Waldron.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Waldron Average Income, Population and Demographics". NameCensus.com. Accessed on April 19, 2024. https://namecensus.com/demographics/arkansas/scott-county/waldron/.

  • "Waldron Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/arkansas/scott-county/waldron/. Accessed 19 April, 2024

  • Waldron Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/arkansas/scott-county/waldron/.