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Magnolia Township, Arkansas Economic Analysis

   (County: Columbia County)

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Economic Analysis

People and the communities they live in depend on money. The people of Magnolia 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 Magnolia Township, Arkansas

12:00 A.M. TO 4:59 A.M.   : 344   (5.0%)
5:00 A.M. TO 5:29 A.M.   : 127   (1.9%)
5:30 A.M. TO 5:59 A.M.   : 199   (2.9%)
6:00 A.M. TO 6:29 A.M.   : 412   (6.0%)
6:30 A.M. TO 6:59 A.M.   : 1,014   (14.9%)
7:00 A.M. TO 7:29 A.M.   : 893   (13.1%)
7:30 A.M. TO 7:59 A.M.   : 1,451   (21.3%)
8:00 A.M. TO 8:29 A.M.   : 628   (9.2%)
8:30 A.M. TO 8:59 A.M.   : 177   (2.6%)
9:00 A.M. TO 9:59 A.M.   : 299   (4.4%)
10:00 A.M. TO 10:59 A.M.   : 105   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 22   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 555   (8.1%)
4:00 P.M. TO 11:59 P.M.   : 598   (8.8%)


(updated 2010)



Means Of Transportation
(Magnolia Township, Arkansas)

Car, truck, or van:

Drove alone : 5,182

Carpooled:

In 2-person carpool : 361

In 3-person carpool : 61

In 4-person carpool : 40

In 5- or 6-person carpool : 3

In 7-or-more-person carpool : 18

Public transportation (excluding taxicab):

Bus or trolley bus : 9

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 : 280

Other means : 274

Worked at home : 271


(updated 2009)



Travel Time To Work
(Magnolia Township, Arkansas)

Less than 5 minutes : 897

5 to 9 minutes : 1,902

10 to 14 minutes : 1,510

15 to 19 minutes : 773

20 to 24 minutes : 334

25 to 29 minutes : 50

30 to 34 minutes : 205

35 to 39 minutes : 30

40 to 44 minutes : 36

45 to 59 minutes : 293

60 to 89 minutes : 128

90 or more minutes : 70


(updated 2009)



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

With Social Security income : 2,316

No Social Security income : 4,290


(updated 2009)



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

With retirement income : 1,049

No retirement income : 5,557


(updated 2009)



Family Income (Annual)
(Magnolia Township, Arkansas)

Less than $10,000 : 225

$10,000 to $14,999 : 286

$15,000 to $19,999 : 212

$20,000 to $24,999 : 408

$25,000 to $29,999 : 300

$30,000 to $34,999 : 252

$35,000 to $39,999 : 325

$40,000 to $44,999 : 129

$45,000 to $49,999 : 159

$50,000 to $59,999 : 319

$60,000 to $74,999 : 444

$75,000 to $99,999 : 588

$100,000 to $124,999 : 281

$125,000 to $149,999 : 118

$150,000 to $199,999 : 107

$200,000 or more : 135


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $45,177


(updated 2009)



AM Radio Stations Near Magnolia Township, Arkansas

  • KDMS (1290 AM; 2.5 kW; El Dorado, AR; Owner: El Dorado Broadcasting Co.)
  • KELD (1400 AM; 1.0 kW; El Dorado, AR; Owner: Noalmark Broadcasting Corporation)
  • KNHD (1450 AM; 1.0 kW; Camden, AR; Owner: Family Worship Center Church, Inc.)
  • KBSF (1460 AM; 1.0 kW; Springhill, LA; Owner: Metropolitan Radio Group, Inc.)
  • KXAR (1490 AM; 0.7 kW; Hope, AR; Owner: Newport Broadcasting Company)
  • KVMA (630 AM; 1.0 kW; Magnolia, AR; Owner: Noalmark Broadcasting Corporation)

FM Radio Stations Near Magnolia Township, Arkansas

  • KZHE (100.5 FM; Willisville, AR; Owner: A-1 Communications, Inc.)
  • KMLK (101.5 FM; El Dorado, AR; Owner: Noalmark Broadcasting Corporation)
  • KIXB (103.3 FM; Mount Holly, AR; Owner: Noalmark Broadcasting Corporation)
  • KMGC (104.5 FM; Camden, AR; Owner: Radio Works, Inc.)
  • KHPA (104.9 FM; Emmet, AR; Owner: Newport Broadcasting Company)
  • KQHN (107.9 FM; Magnolia, AR; Owner: Cumulus Licensing Llc)
  • NEW (88.7 FM; Hope, AR; Owner: The Newgate Group)
  • KKDU (88.9 FM; El Dorado, AR; Owner: Educational Media Foundation)
  • KCAC (89.5 FM; Camden, AR; Owner: Southern Arkansas University Tech)
  • KNLL (90.5 FM; Hope, AR; Owner: American Family Association)
  • NEW (91.7 FM; Willisville, AR; Owner: Network Of Glory, Llc)
  • KTKC (92.9 FM; Springhill, LA; Owner: Metropolitan Radio Group, Inc.)
  • KCXY (95.3 FM; Camden, AR; Owner: Radio Works, Inc.)
  • KAMD-FM (97.1 FM; Camden, AR; Owner: Radio Works, Inc.)
  • KLBQ (98.7 FM; El Dorado, AR; Owner: El Dorado Broadcasting Co.)
  • KVMZ (99.1 FM; Mc Neil, AR; Owner: Noalmark Broadcasting Corporation)
  • KVMZ (99.1 FM; Magnolia, AR; Owner: Noalmark Broadcasting Corporation)

(updated 2008)



Occupations in Magnolia Township, Arkansas

Male:


  • Management, Professional, And Related Occupations: 958  (25.9%)
  • Service Occupations: 341  (9.2%)
  • Sales And Office Occupations: 563  (15.2%)
  • Farming, Fishing, And Forestry Occupations 78  (2.1%)
  • Construction, Extraction, And Maintenance Occupations: 650  (17.6%)

Female:


  • Management, Professional, And Related Occupations: 1,096  (32.8%)
  • Service Occupations: 713  (21.3%)
  • Sales And Office Occupations: 1,100  (32.9%)
  • Farming, Fishing, And Forestry Occupations 34  (1.0%)
  • Construction, Extraction, And Maintenance Occupations: 13  (0.4%)


(updated 2010)





There are 173 Farms In Magnolia Township, Arkansas


(updated 2008)



Banks In Magnolia Township, Arkansas

Farmers Bank & Trust Company - 5 Branches


    Bank Assets: $4.4m
    Industry Specialization: Commercial Lending
    Total Offices: 17

The Peoples Bank - 2 Branches


    Bank Assets: $267.1k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 61

Bank Of The Ozarks - 2 Branches


    Bank Assets: $12.5m
    Industry Specialization: Commercial Lending
    Total Offices: 160

Bancorpsouth Bank - 2 Branches


    Bank Assets: $25.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

(updated 2014)







Airports Near Magnolia Township, Arkansas

  • Goodwin Field


    (about 24.9 miles in Smackover, Arkansas; Airport Code: ELD)

  • El Dorado Airport


    (about 24.9 miles in Smackover, Arkansas; Airport Code: ELD)

  • South Arkansas Regional at Goodwin Field


    (about 25.0 miles in Smackover, Arkansas; Airport Code: ELD)

  • Harrell Field


    (about 37.2 miles in Camden, Arkansas; Airport Code: CDH)

  • Texarkana Muni/Webb Field


    (about 45.2 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Regional-Webb Field


    (about 45.2 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Shreveport Downtown


    (about 57.4 miles in Shreveport, Louisiana; Airport Code: DTN)

  • Barksdale AFB


    (about 57.6 miles in Bossier City, Louisiana; Airport Code: BAD)


(updated 2015)



Modes of Transportation in Magnolia Township, Arkansas

Car, Truck, Or Van:

 

Drove Alone

80.36%

Carpooled

10.23%

Public Transportation:

 

Bus Or Trolley Bus

0.42%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.22%

Motorcycle

0.42%

Bicycle

0.30%

Walked

5.60%

Other Means

1.01%

Worked At Home

1.44%



(updated 2010)





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