Oil Trough, Arkansas Unemployment

Oil Trough, Arkansas has a population of 260, with a median household income of $48,000.

Current unemployment data for Oil Trough.

4.80%

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Population

260

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Median Income

$48,000

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Unemployment

4.80%

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Housing Price

$180,000

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Crime Rate

3.00

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Internet Speed

150.00 Mbps

Oil Trough is a small local community located in Arkansas. The city has a population that is below the average city population in Arkansas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Oil Trough is a notable city in Arkansas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Oil Trough has a population of 260, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Oil Trough is $48,000, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Oil Trough is about $180,000, making it relatively affordable compared to many cities in Arkansas.

Employment and Safety

The unemployment rate in Oil Trough is 4.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Oil Trough are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Arkansas, Oil Trough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Oil Trough continues to play a role in shaping regional trends in Arkansas, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Oil Trough

What is the population of Oil Trough?

The population of Oil Trough is approximately 260.

Is Oil Trough a good place to live?

Oil Trough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Oil Trough?

The median household income in Oil Trough is around $48,000.

How expensive is housing in Oil Trough?

The average housing price in Oil Trough is approximately $180,000.