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Rich Mountain Township, 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 Rich Mountain 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 Rich Mountain Township, Arkansas

12:00 A.M. TO 4:59 A.M.   : 0   (0.0%)
5:00 A.M. TO 5:29 A.M.   : 0   (0.0%)
5:30 A.M. TO 5:59 A.M.   : 0   (0.0%)
6:00 A.M. TO 6:29 A.M.   : 12   (19.7%)
6:30 A.M. TO 6:59 A.M.   : 9   (14.8%)
7:00 A.M. TO 7:29 A.M.   : 5   (8.2%)
7:30 A.M. TO 7:59 A.M.   : 28   (45.9%)
8:00 A.M. TO 8:29 A.M.   : 0   (0.0%)
8:30 A.M. TO 8:59 A.M.   : 0   (0.0%)
9:00 A.M. TO 9:59 A.M.   : 3   (4.9%)
10:00 A.M. TO 10:59 A.M.   : 0   (0.0%)
11:00 A.M. TO 11:59 A.M.   : 0   (0.0%)
12:00 P.M. TO 3:59 P.M.   : 4   (6.6%)
4:00 P.M. TO 11:59 P.M.   : 0   (0.0%)


(updated 2010)



Means Of Transportation
(Rich Mountain Township, Arkansas)

Car, truck, or van:

Drove alone : 62

Carpooled:

In 2-person carpool : 0

In 3-person carpool : 0

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 : 0


(updated 2009)



Travel Time To Work
(Rich Mountain Township, Arkansas)

Less than 5 minutes : 55

5 to 9 minutes : 0

10 to 14 minutes : 0

15 to 19 minutes : 0

20 to 24 minutes : 7

25 to 29 minutes : 0

30 to 34 minutes : 0

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 0

60 to 89 minutes : 0

90 or more minutes : 0


(updated 2009)



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

With Social Security income : 14

No Social Security income : 73


(updated 2009)



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

With retirement income : 7

No retirement income : 80


(updated 2009)



Family Income (Annual)
(Rich Mountain Township, Arkansas)

Less than $10,000 : 18

$10,000 to $14,999 : 0

$15,000 to $19,999 : 0

$20,000 to $24,999 : 7

$25,000 to $29,999 : 0

$30,000 to $34,999 : 0

$35,000 to $39,999 : 0

$40,000 to $44,999 : 0

$45,000 to $49,999 : 0

$50,000 to $59,999 : 62

$60,000 to $74,999 : 0

$75,000 to $99,999 : 0

$100,000 to $124,999 : 0

$125,000 to $149,999 : 0

$150,000 to $199,999 : 0

$200,000 or more : 0


(updated 2009)



Median Family Income (Annual)
(Rich Mountain Township, Arkansas)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $50,841


(updated 2009)



AM Radio Stations Near Rich Mountain Township, Arkansas

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

FM Radio Stations Near Rich Mountain Township, 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 Rich Mountain Township, Arkansas

Male:


  • Management, Professional, And Related Occupations: 0  (0.0%)
  • Service Occupations: 5  (16.7%)
  • Sales And Office Occupations: 13  (43.3%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 8  (26.7%)

Female:


  • Management, Professional, And Related Occupations: 14  (45.2%)
  • Service Occupations: 14  (45.2%)
  • Sales And Office Occupations: 3  (9.7%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 0  (0.0%)


(updated 2010)





There are 518 Farms In Rich Mountain Township, Arkansas


(updated 2008)



Banks In Rich Mountain Township, 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 Rich Mountain Township, Arkansas

  • Intermountain Regional


    (about 13.6 miles in Mena, Arkansas; Airport Code: XXX)

  • Mena Intermountain Municipal


    (about 14.0 miles in Mena, Arkansas; Airport Code: XXX)

  • Robert S Kerr


    (about 26.7 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Fort Smith Regional


    (about 44.1 miles in Fort Smith, Arkansas; Airport Code: FSM)


(updated 2015)



Modes of Transportation in Rich Mountain Township, Arkansas

Car, Truck, Or Van:

 

Drove Alone

47.54%

Carpooled

27.87%

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

18.03%

Other Means

6.56%

Worked At Home

0.0%



(updated 2010)





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