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Magnet Township, Arkansas Economic Analysis

   (County: Hot Spring County)

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Economic Analysis

People and the communities they live in depend on money. The people of Magnet Township, Arkansas need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Arkansas

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.07 6.95 5.10 7.08 0.00 6.70
  Total Electric Industry 8.07 6.95 5.10 7.08 0.00 6.70
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.10 6.95 5.05 6.83 0.00 6.69
  Total Electric Industry 8.10 6.95 5.05 6.83 0.00 6.69
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.28 7.11 5.02 6.77 0.00 6.71
  Total Electric Industry 8.28 7.11 5.02 6.77 0.00 6.71
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.27 7.04 4.85 6.93 0.00 6.62
  Total Electric Industry 8.27 7.04 4.85 6.93 0.00 6.62
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 8.07 6.88 4.60 6.46 0.00 6.35
  Total Electric Industry 8.07 6.88 4.60 6.46 0.00 6.35
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.98 6.83 4.51 6.65 0.00 6.27
  Total Electric Industry 7.98 6.83 4.51 6.65 0.00 6.27
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.77 6.74 4.47 6.58 0.00 6.15
  Total Electric Industry 7.77 6.74 4.47 6.58 0.00 6.15
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.80 6.78 4.45 6.61 0.00 6.15
  Total Electric Industry 7.80 6.78 4.45 6.61 0.00 6.15
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.51 5.90 4.16 5.98 0.00 5.78
  Total Electric Industry 7.51 5.90 4.16 5.98 0.00 5.78
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.43 5.82 4.12 6.26 0.00 5.68
  Total Electric Industry 7.43 5.82 4.12 6.26 0.00 5.68
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.45 5.93 4.20 6.39 0.00 5.77
  Total Electric Industry 7.45 5.93 4.20 6.39 0.00 5.77
2001              
  Full-Service Providers 7.72 6.19 4.43 6.91 0.00 6.05
  Total Electric Industry 7.72 6.19 4.43 6.91 0.00 6.05
2002              
  Full-Service Providers 7.25 5.68 4.01 6.52 0.00 5.61
  Total Electric Industry 7.25 5.68 4.01 6.52 0.00 5.61
2003              
  Full-Service Providers 7.24 5.54 4.04 0.00 0.00 5.57
  Total Electric Industry 7.24 5.54 4.04 0.00 0.00 5.57
2004              
  Full-Service Providers 7.36 5.64 4.16 0.00 0.00 5.67
  Total Electric Industry 7.36 5.64 4.16 0.00 0.00 5.67
2005              
  Full-Service Providers 8.00 6.18 4.74 0.00 0.00 6.30
  Total Electric Industry 8.00 6.18 4.74 0.00 0.00 6.30
2006              
  Full-Service Providers 8.85 6.96 5.24 0.00 0.00 6.99
  Total Electric Industry 8.85 6.96 5.24 0.00 0.00 6.99

(updated 2006)



Time Leaving to Work in Magnet Township, Arkansas

12:00 A.M. TO 4:59 A.M.   : 41   (3.6%)
5:00 A.M. TO 5:29 A.M.   : 61   (5.4%)
5:30 A.M. TO 5:59 A.M.   : 53   (4.7%)
6:00 A.M. TO 6:29 A.M.   : 184   (16.2%)
6:30 A.M. TO 6:59 A.M.   : 163   (14.4%)
7:00 A.M. TO 7:29 A.M.   : 236   (20.8%)
7:30 A.M. TO 7:59 A.M.   : 161   (14.2%)
8:00 A.M. TO 8:29 A.M.   : 84   (7.4%)
8:30 A.M. TO 8:59 A.M.   : 13   (1.1%)
9:00 A.M. TO 9:59 A.M.   : 10   (0.9%)
10:00 A.M. TO 10:59 A.M.   : 6   (0.5%)
11:00 A.M. TO 11:59 A.M.   : 8   (0.7%)
12:00 P.M. TO 3:59 P.M.   : 41   (3.6%)
4:00 P.M. TO 11:59 P.M.   : 74   (6.5%)


(updated 2010)



Means Of Transportation
(Magnet Township, Arkansas)

Car, truck, or van:

Drove alone : 1,182

Carpooled:

In 2-person carpool : 190

In 3-person carpool : 6

In 4-person carpool : 0

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 0

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 0

Other means : 0

Worked at home : 23


(updated 2009)



Travel Time To Work
(Magnet Township, Arkansas)

Less than 5 minutes : 0

5 to 9 minutes : 225

10 to 14 minutes : 295

15 to 19 minutes : 247

20 to 24 minutes : 144

25 to 29 minutes : 115

30 to 34 minutes : 170

35 to 39 minutes : 11

40 to 44 minutes : 20

45 to 59 minutes : 92

60 to 89 minutes : 41

90 or more minutes : 18


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Magnet Township, Arkansas)

With Social Security income : 360

No Social Security income : 797


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Magnet Township, Arkansas)

With retirement income : 327

No retirement income : 830


(updated 2009)



Family Income (Annual)
(Magnet Township, Arkansas)

Less than $10,000 : 45

$10,000 to $14,999 : 2

$15,000 to $19,999 : 37

$20,000 to $24,999 : 77

$25,000 to $29,999 : 84

$30,000 to $34,999 : 58

$35,000 to $39,999 : 36

$40,000 to $44,999 : 25

$45,000 to $49,999 : 53

$50,000 to $59,999 : 53

$60,000 to $74,999 : 142

$75,000 to $99,999 : 215

$100,000 to $124,999 : 28

$125,000 to $149,999 : 18

$150,000 to $199,999 : 14

$200,000 or more : 14


(updated 2009)



Median Family Income (Annual)
(Magnet Township, Arkansas)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $54,766


(updated 2009)



AM Radio Stations Near Magnet Township, Arkansas

  • KVRC (1240 AM; 1.0 kW; Arkadelphia, AR; Owner: Noalmark Broadcasting Corporation)
  • KBOK (1310 AM; 1.0 kW; Malvern, AR; Owner: Noalmark Broadcasting Corporation)
  • KZNG (1340 AM; 1.0 kW; Hot Springs, AR; Owner: Us Stations, Llc)
  • KBHS (1420 AM; 5.0 kW; Hot Springs, AR; Owner: Noalmark Broadcasting Corporation)
  • KPZA (590 AM; 5.0 kW; Fountain Lake, AR; Owner: Noalmark Broadcasting Corporation)
  • KEWI (690 AM; 0.25 kW; Benton, AR; Owner: Landers Broadcasting Co., Inc.)
  • KGHT (880 AM; 0.22 kW; Sheridan, AR; Owner: Metropolitan Radio Group, Inc.)

FM Radio Stations Near Magnet Township, Arkansas

  • KDEL-FM (100.9 FM; Arkadelphia, AR; Owner: Noalmark Broadcasting Corporation)
  • KDEL-FM (100.9 FM; Arkadelphia, AR; Owner: Noalmark Broadcasting Corporation)
  • KLEZ (101.5 FM; Jones Mill, AR; Owner: Noalmark Broadcasting Corporation)
  • KARN-FM (102.9 FM; Bauxite, AR; Owner: Citadel Broadcasting Company)
  • KLAZ (105.9 FM; Hot Springs, AR; Owner: Noalmark Broadcasting Corporation)
  • KLAZ (105.9 FM; Poyen, AR; Owner: Noalmark Broadcasting Corporation)
  • NEW (88.7 FM; Hot Springs, AR; Owner: Houston Christian Broadcasters, Inc.)
  • NEW (88.7 FM; Hot Springs, AR; Owner: Maranatha Broadcasting Ministry, Inc)
  • KLRO (90.1 FM; Hot Springs, AR; Owner: Educational Media Foundation)
  • KLRO (90.1 FM; Poyen, AR; Owner: Educational Media Foundation)
  • KANX (91.1 FM; Prattsville, AR; Owner: American Family Association)
  • KSWH-FM (91.1 FM; Arkadelphia, AR; Owner: Henderson State University)
  • KALR (91.5 FM; Hot Springs, AR; Owner: Educational Media Foundation)
  • KHED (91.9 FM; Arkadelphia, AR; Owner: Henderson State University)
  • NEW (91.9 FM; Paron, AR; Owner: Perry County Educational Media, Inc)
  • KVRE (92.9 FM; Mountain Pine, AR; Owner: Caddo Broadcasting Company)
  • NEW (93.5 FM; Arkadelphia, AR; Owner: Noalmark Broadcasting Corporation)
  • KHLR (94.9 FM; Redfield, AR; Owner: Cc Licenses, Llc)
  • KHTE-FM (96.5 FM; Redfield, AR; Owner: Crain Media Group, Llc)
  • KYDL (96.7 FM; Hot Springs, AR; Owner: Us Stations, Llc)
  • KYDL (96.7 FM; Hot Springs, AR; Owner: Us Stations, Llc)
  • KQUS-FM (97.5 FM; Hot Springs, AR; Owner: Us Stations, Llc)

TV Broadcast Stations Near Magnet Township, Arkansas

  • KETS (Channel 2; Redfield, AR; Owner: Arkansas Educational Television Commission)
  • 960520KE (Channel 20; Hot Springs, AR; Owner: Second Baptist Church)
  • 960923KH (Channel 20; Bauxite, AR; Owner: Community Tv Ed.)
  • 961001KG (Channel 20; Prattsville, AR; Owner: Broadcasting For The Challenged, Inc.)
  • KVTH (Channel 26; Hot Springs, AR; Owner: Agape Church, Inc.)
  • KASN (Channel 38; Redfield, AR; Owner: Newport Television Llc)
  • KATV (Channel 7; Redfield, AR; Owner: Katv, Llc)
  • KATV (Channel 7; Redfield, AR; Owner: Katv, Llc)

(updated 2008)



Occupations in Magnet Township, Arkansas

Male:


  • Management, Professional, And Related Occupations: 151  (23.3%)
  • Service Occupations: 62  (9.6%)
  • Sales And Office Occupations: 49  (7.6%)
  • Farming, Fishing, And Forestry Occupations 22  (3.4%)
  • Construction, Extraction, And Maintenance Occupations: 144  (22.3%)

Female:


  • Management, Professional, And Related Occupations: 195  (37.8%)
  • Service Occupations: 82  (15.9%)
  • Sales And Office Occupations: 184  (35.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 0 Farms In Magnet Township, Arkansas


(updated 2008)









Airports Near Magnet Township, Arkansas

  • Memorial Field


    (about 13.9 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Adams Field


    (about 40.0 miles in Little Rock, Arkansas; Airport Code: LIT)

  • Bill and Hillary Clinton Nat Adams Field


    (about 40.4 miles in College Station, Arkansas; Airport Code: LIT)

  • North Little Rock Municipal


    (about 42.9 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Petit Jean Park


    (about 47.2 miles in Adona, Arkansas; Airport Code: MPJ)

  • Dennis F Cantrell Field


    (about 49.6 miles in Conway, Arkansas; Airport Code: AR2)

  • Little Rock AFB


    (about 51.3 miles in Gravel Ridge, Arkansas; Airport Code: LRF)

  • Grider Field


    (about 55.8 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Russellville Regional


    (about 57.5 miles in Russellville, Arkansas; Airport Code: AR1)

  • Harrell Field


    (about 58.1 miles in Camden, Arkansas; Airport Code: CDH)


(updated 2015)



Modes of Transportation in Magnet Township, Arkansas

Car, Truck, Or Van:

 

Drove Alone

83.10%

Carpooled

13.59%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

0.87%

Other Means

1.31%

Worked At Home

1.13%



(updated 2010)





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