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Ola City, Arkansas Economic Analysis

   (County: Yell County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 62   (13.5%)
5:00 A.M. TO 5:29 A.M.   : 45   (9.8%)
5:30 A.M. TO 5:59 A.M.   : 22   (4.8%)
6:00 A.M. TO 6:29 A.M.   : 44   (9.6%)
6:30 A.M. TO 6:59 A.M.   : 36   (7.8%)
7:00 A.M. TO 7:29 A.M.   : 52   (11.3%)
7:30 A.M. TO 7:59 A.M.   : 46   (10.0%)
8:00 A.M. TO 8:29 A.M.   : 16   (3.5%)
8:30 A.M. TO 8:59 A.M.   : 8   (1.7%)
9:00 A.M. TO 9:59 A.M.   : 9   (2.0%)
10:00 A.M. TO 10:59 A.M.   : 5   (1.1%)
11:00 A.M. TO 11:59 A.M.   : 0   (0.0%)
12:00 P.M. TO 3:59 P.M.   : 49   (10.7%)
4:00 P.M. TO 11:59 P.M.   : 65   (14.2%)


(updated 2010)



Means Of Transportation
(Ola City, Arkansas)

Car, truck, or van:

Drove alone : 285

Carpooled:

In 2-person carpool : 13

In 3-person carpool : 5

In 4-person carpool : 7

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 6

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 : 19

Other means : 0

Worked at home : 0


(updated 2009)



Travel Time To Work
(Ola City, Arkansas)

Less than 5 minutes : 22

5 to 9 minutes : 74

10 to 14 minutes : 48

15 to 19 minutes : 32

20 to 24 minutes : 62

25 to 29 minutes : 19

30 to 34 minutes : 23

35 to 39 minutes : 5

40 to 44 minutes : 5

45 to 59 minutes : 21

60 to 89 minutes : 24

90 or more minutes : 0


(updated 2009)



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

With Social Security income : 143

No Social Security income : 284


(updated 2009)



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

With retirement income : 96

No retirement income : 331


(updated 2009)



Family Income (Annual)
(Ola City, Arkansas)

Less than $10,000 : 18

$10,000 to $14,999 : 10

$15,000 to $19,999 : 31

$20,000 to $24,999 : 20

$25,000 to $29,999 : 9

$30,000 to $34,999 : 22

$35,000 to $39,999 : 36

$40,000 to $44,999 : 9

$45,000 to $49,999 : 4

$50,000 to $59,999 : 20

$60,000 to $74,999 : 27

$75,000 to $99,999 : 36

$100,000 to $124,999 : 7

$125,000 to $149,999 : 8

$150,000 to $199,999 : 5

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $37,188


(updated 2009)



AM Radio Stations Near Ola City, Arkansas

  • 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)
  • KWXT (1490 AM; 1.0 kW; Russellville, AR; Owner: George V. Domerese)
  • KARV (610 AM; 1.0 kW; Russellville, AR; Owner: Kerm, Inc.)
  • KVOM (800 AM; 0.25 kW; Morrilton, AR; Owner: Mma License Llc)
  • KCAB (980 AM; 5.0 kW; Russellville, AR; Owner: Mma License Llc)

FM Radio Stations Near Ola City, Arkansas

  • KWKK (100.9 FM; Russellville, AR; Owner: Mma License Llc)
  • KARV-FM (101.3 FM; Ola, AR; Owner: Kerm Inc)
  • KVOM-FM (101.7 FM; Morrilton, AR; Owner: Mma License Llc)
  • KCJC (102.3 FM; Dardanelle, AR; Owner: Mma License Llc)
  • KYEL (105.5 FM; Centerville, AR; Owner: Danville Fm, Inc.)
  • KLAZ (105.9 FM; Hot Springs, 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)
  • NEW (88.7 FM; Hector, AR; Owner: Way-fm Media Group, Inc)
  • KLRO (90.1 FM; Hot Springs, AR; Owner: Educational Media Foundation)
  • KEAF (90.7 FM; Blue Mountain, AR; Owner: Family Stations, Inc.)
  • KMTC (91.1 FM; Russellville, AR; Owner: Russellville Educ B/c Foundation)
  • KALR (91.5 FM; Hot Springs, AR; Owner: Educational Media Foundation)
  • KXRJ (91.9 FM; Russellville, AR; Owner: Arkansas Tech University)
  • NEW (91.9 FM; Paron, AR; Owner: Perry County Educational Media, Inc)
  • KVRE (92.9 FM; Mountain Pine, AR; Owner: Caddo Broadcasting Company)
  • 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)
  • KVLD (99.3 FM; Appleton, AR; Owner: Mma License Llc)

TV Broadcast Stations Near Ola City, Arkansas

  • 960520KE (Channel 20; Hot Springs, AR; Owner: Second Baptist Church)
  • KVTH (Channel 26; Hot Springs, AR; Owner: Agape Church, Inc.)
  • 960711LJ (Channel 28; London, AR; Owner: Kaleidoscope Foundation, Inc)

(updated 2008)



Occupations in Ola City, Arkansas

Male:


  • Management, Professional, And Related Occupations: 18  (6.8%)
  • Service Occupations: 41  (15.5%)
  • Sales And Office Occupations: 27  (10.2%)
  • Farming, Fishing, And Forestry Occupations 4  (1.5%)
  • Construction, Extraction, And Maintenance Occupations: 44  (16.6%)

Female:


  • Management, Professional, And Related Occupations: 34  (16.0%)
  • Service Occupations: 68  (31.9%)
  • Sales And Office Occupations: 50  (23.5%)
  • Farming, Fishing, And Forestry Occupations 7  (3.3%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 96 Farms In Ola City, Arkansas


(updated 2008)



Banks In Ola City, Arkansas

First State Bank - 1 Branches


    Bank Assets: $206.2k
    Industry Specialization: Commercial Lending
    Total Offices: 240

(updated 2014)







Airports Near Ola City, Arkansas

  • Russellville Regional


    (about 17.6 miles in Russellville, Arkansas; Airport Code: AR1)

  • Petit Jean Park


    (about 19.0 miles in Adona, Arkansas; Airport Code: MPJ)

  • Memorial Field


    (about 38.9 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Dennis F Cantrell Field


    (about 45.2 miles in Conway, Arkansas; Airport Code: AR2)

  • North Little Rock Municipal


    (about 56.5 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Adams Field


    (about 59.7 miles in Little Rock, Arkansas; Airport Code: LIT)


(updated 2015)



Modes of Transportation in Ola City, Arkansas

Car, Truck, Or Van:

 

Drove Alone

66.88%

Carpooled

27.71%

Public Transportation:

 

Bus Or Trolley Bus

1.08%

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

0.43%

Other Means

3.25%

Worked At Home

0.65%



(updated 2010)





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