West Memphis is a city in Arkansas state in USA with a population of 24656 residents..
The poverty rate of West Memphis is 26.6%, which is 90% higher than national average.
The typical household in West Memphis earns $32601 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 66.9% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in West Memphis are struggling financially. Nearly one in every 1 in every 9 workers in West Memphis is unemployed.
The unemployment rate of West Memphis remained 11.1%, which is 136% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in West Memphis is 80, which is 20% lower than national average.
In West Memphis, only 15% of adults have a bachelor's degree and 31% have some college but no degree.
Median home value in West Memphis is $86100 , which is 63% lower than national average.
While median income in West Memphis remained $32601, which is 52% lower than national average.