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Mena City, Arkansas Economic Analysis

   (County: Polk County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 71   (3.3%)
5:00 A.M. TO 5:29 A.M.   : 84   (3.9%)
5:30 A.M. TO 5:59 A.M.   : 39   (1.8%)
6:00 A.M. TO 6:29 A.M.   : 148   (6.8%)
6:30 A.M. TO 6:59 A.M.   : 225   (10.4%)
7:00 A.M. TO 7:29 A.M.   : 242   (11.1%)
7:30 A.M. TO 7:59 A.M.   : 449   (20.7%)
8:00 A.M. TO 8:29 A.M.   : 278   (12.8%)
8:30 A.M. TO 8:59 A.M.   : 149   (6.9%)
9:00 A.M. TO 9:59 A.M.   : 141   (6.5%)
10:00 A.M. TO 10:59 A.M.   : 32   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 45   (2.1%)
12:00 P.M. TO 3:59 P.M.   : 151   (7.0%)
4:00 P.M. TO 11:59 P.M.   : 117   (5.4%)


(updated 2010)



Means Of Transportation
(Mena City, Arkansas)

Car, truck, or van:

Drove alone : 1,586

Carpooled:

In 2-person carpool : 154

In 3-person carpool : 26

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 : 21

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 11

Bicycle : 17

Walked : 49

Other means : 56

Worked at home : 11


(updated 2009)



Travel Time To Work
(Mena City, Arkansas)

Less than 5 minutes : 248

5 to 9 minutes : 821

10 to 14 minutes : 535

15 to 19 minutes : 74

20 to 24 minutes : 39

25 to 29 minutes : 0

30 to 34 minutes : 30

35 to 39 minutes : 0

40 to 44 minutes : 54

45 to 59 minutes : 18

60 to 89 minutes : 15

90 or more minutes : 86


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Mena City, Arkansas)

With Social Security income : 979

No Social Security income : 1,285


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Mena City, Arkansas)

With retirement income : 472

No retirement income : 1,792


(updated 2009)



Family Income (Annual)
(Mena City, Arkansas)

Less than $10,000 : 130

$10,000 to $14,999 : 117

$15,000 to $19,999 : 73

$20,000 to $24,999 : 137

$25,000 to $29,999 : 89

$30,000 to $34,999 : 110

$35,000 to $39,999 : 100

$40,000 to $44,999 : 68

$45,000 to $49,999 : 33

$50,000 to $59,999 : 69

$60,000 to $74,999 : 115

$75,000 to $99,999 : 80

$100,000 to $124,999 : 30

$125,000 to $149,999 : 48

$150,000 to $199,999 : 24

$200,000 or more : 17


(updated 2009)



Median Family Income (Annual)
(Mena City, Arkansas)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $32,256


(updated 2009)



AM Radio Stations Near Mena City, Arkansas

  • KENA (1450 AM; 1.0 kW; Mena, AR; Owner: Ouachita Broadcasting, Inc)

FM Radio Stations Near Mena City, Arkansas

  • KENA-FM (102.1 FM; Hatfield, AR; Owner: Ouachita Broadcasting, Inc.)
  • KHGG-FM (103.1 FM; Bates, AR; Owner: Pharis Broadcasting, Inc.)
  • KILX (104.1 FM; Hatfield, AR; Owner: Ouachita Broadcasting, Inc.)
  • KQOR (105.3 FM; Hatfield, AR; Owner: Ouachita Broadcasting, Inc.)
  • KOMS (107.3 FM; Hartford, AR; Owner: Cumulus Licensing Llc)
  • NEW (88.9 FM; Mena, AR; Owner: Rich Mountain Community College)
  • KDQN-FM (92.1 FM; Grannis, AR; Owner: Jay W. Bunyard & Anne W. Bunyard)
  • KTTG (96.3 FM; Boles, AR; Owner: Pearson Broadcasting Of Mena, Inc.)

(updated 2008)



Occupations in Mena City, Arkansas

Male:


  • Management, Professional, And Related Occupations: 249  (21.6%)
  • Service Occupations: 108  (9.4%)
  • Sales And Office Occupations: 218  (18.9%)
  • Farming, Fishing, And Forestry Occupations 20  (1.7%)
  • Construction, Extraction, And Maintenance Occupations: 213  (18.5%)

Female:


  • Management, Professional, And Related Occupations: 323  (30.7%)
  • Service Occupations: 203  (19.3%)
  • Sales And Office Occupations: 376  (35.8%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 10  (1.0%)


(updated 2010)





There are 518 Farms In Mena City, Arkansas


(updated 2008)



Banks In Mena City, Arkansas

First National Bank - 3 Branches


    Bank Assets: $1.8m
    Industry Specialization: Commercial Lending
    Total Offices: 191

Diamond Bank - 1 Branches


    Bank Assets: $452.9k
    Industry Specialization: Agricultural
    Total Offices: 12

Chambers Bank - 1 Branches


    Bank Assets: $767.5k
    Industry Specialization: Commercial Lending
    Total Offices: 19

Arvest Bank - 1 Branches


    Bank Assets: $14.7m
    Industry Specialization: Commercial Lending
    Total Offices: 274

The Union Bank Of Mena - 1 Branches


    Bank Assets: $197.1k
    Industry Specialization: Consumer Lending
    Total Offices: 3

(updated 2014)







Airports Near Mena City, Arkansas

  • Intermountain Regional


    (about 2.9 miles in Mena, Arkansas; Airport Code: XXX)

  • Mena Intermountain Municipal


    (about 3.3 miles in Mena, Arkansas; Airport Code: XXX)

  • Robert S Kerr


    (about 37.3 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Fort Smith Regional


    (about 52.6 miles in Fort Smith, Arkansas; Airport Code: FSM)


(updated 2015)



Modes of Transportation in Mena City, Arkansas

Car, Truck, Or Van:

 

Drove Alone

83.53%

Carpooled

9.95%

Public Transportation:

 

Bus Or Trolley Bus

0.46%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.18%

Walked

4.33%

Other Means

0.59%

Worked At Home

0.96%



(updated 2010)





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