Financial Literacy in Concord, AR
With a population of roughly 193, Concord, Arkansas is the 375th-largest of 500 incorporated places in Arkansas. The population has grown 2.1% since 2020, from 189 to 193. The median age is 63.3, skewing older, where the pressing questions shift toward retirement income, medical costs and passing things on.
9.8% of Concord residents 25 and older have completed a bachelor's degree or more. That sits 4.3 points below the Arkansas average of 14.1%. Put the other way round: of the 102 adults 25 and over counted in the 2019–2023 ACS, roughly 92 — 90.2% — are building their financial lives without a four-year degree behind them.
The typical household here earns $51,250 a year. That is $3,750 above the Arkansas median. About 7.3% of residents live below the poverty line. The median home is valued at $114,800, roughly 2.2× median household income.
Concord by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 193 |
| Change since 2020 | +2.1% |
| Median household income | $51,250 |
| Adults 25+ with a bachelor’s degree | 9.8% |
| Adults 25+ with a high school diploma | 85.3% |
| Median age | 63.3 |
| Poverty rate | 7.3% |
| Unemployment rate | 7.4% |
| Median home value | $114,800 |
| Land area | 3.08 sq mi |
| Population density | 63 / sq mi |
What Arkansas teaches — and to whom
Arkansas requires personal finance instruction, but folds it into another course rather than a class of its own — so how much a student actually gets depends heavily on the district and the teacher. Coverage like that varies enormously between districts, and it reaches no one who has already graduated.
LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.
Where to start in Concord
Shift from accumulating to drawing down
With a median age of 63.3, a large share of Concord is closer to drawing on savings than building them. The skills that matter shift accordingly: sequencing withdrawals, understanding Medicare's enrolment windows, and getting beneficiary designations and a will actually filled in.
Treat income stability as a skill
Unemployment in Concord sits at 7.4%. Where work is less certain, the practical skills are the defensive ones: what unemployment insurance actually pays and how fast, how to read a severance agreement, and which bills to triage first when income stops.
Questions people ask about Concord
Do high school students in Concord, Arkansas have to take a personal finance class?
Arkansas requires personal finance content, but delivers it inside another course rather than a dedicated class, so the depth varies by district and teacher.
How many adults in Concord, Arkansas have a college degree?
9.8% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 90.2% are managing their finances without one.
What is the median household income in Concord, Arkansas?
$51,250, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Concord, Arkansas learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
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