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Velvet Ridge Township, Arkansas Economic Analysis

   (County: White County)

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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 22   (7.2%)
5:00 A.M. TO 5:29 A.M.   : 28   (9.2%)
5:30 A.M. TO 5:59 A.M.   : 27   (8.9%)
6:00 A.M. TO 6:29 A.M.   : 27   (8.9%)
6:30 A.M. TO 6:59 A.M.   : 0   (0.0%)
7:00 A.M. TO 7:29 A.M.   : 57   (18.7%)
7:30 A.M. TO 7:59 A.M.   : 36   (11.8%)
8:00 A.M. TO 8:29 A.M.   : 66   (21.6%)
8:30 A.M. TO 8:59 A.M.   : 0   (0.0%)
9:00 A.M. TO 9:59 A.M.   : 15   (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.   : 27   (8.9%)
4:00 P.M. TO 11:59 P.M.   : 0   (0.0%)


(updated 2010)



Means Of Transportation
(Velvet Ridge Township, Arkansas)

Car, truck, or van:

Drove alone : 124

Carpooled:

In 2-person carpool : 47

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 : 188


(updated 2009)



Travel Time To Work
(Velvet Ridge Township, Arkansas)

Less than 5 minutes : 0

5 to 9 minutes : 0

10 to 14 minutes : 0

15 to 19 minutes : 0

20 to 24 minutes : 50

25 to 29 minutes : 23

30 to 34 minutes : 25

35 to 39 minutes : 0

40 to 44 minutes : 0

45 to 59 minutes : 17

60 to 89 minutes : 43

90 or more minutes : 13


(updated 2009)



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

With Social Security income : 68

No Social Security income : 259


(updated 2009)



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

With retirement income : 56

No retirement income : 271


(updated 2009)



Family Income (Annual)
(Velvet Ridge Township, Arkansas)

Less than $10,000 : 79

$10,000 to $14,999 : 12

$15,000 to $19,999 : 33

$20,000 to $24,999 : 10

$25,000 to $29,999 : 31

$30,000 to $34,999 : 22

$35,000 to $39,999 : 18

$40,000 to $44,999 : 22

$45,000 to $49,999 : 13

$50,000 to $59,999 : 0

$60,000 to $74,999 : 7

$75,000 to $99,999 : 29

$100,000 to $124,999 : 9

$125,000 to $149,999 : 0

$150,000 to $199,999 : 0

$200,000 or more : 13


(updated 2009)



Median Family Income (Annual)
(Velvet Ridge Township, Arkansas)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $26,875


(updated 2009)



AM Radio Stations Near Velvet Ridge Township, Arkansas

  • KAAB (1130 AM; 1.0 kW; Batesville, AR; Owner: Wrd Entertainment, Inc.)
  • KNBY (1280 AM; 1.0 kW; Diaz, AR; Owner: Newport Broadcasting Company)
  • KWCK (1300 AM; 5.0 kW; Searcy, AR; Owner: Crain Media Group, Llc)
  • KBTA (1340 AM; 1.0 kW; Batesville, AR; Owner: Wrd Entertainment, Inc.)
  • KAPZ (710 AM; 0.25 kW; Bald Knob, AR; Owner: Crain Media Group, Llc)

FM Radio Stations Near Velvet Ridge Township, Arkansas

  • KBGR (101.5 FM; Beebe, AR; Owner: Educational Media Foundation)
  • KFXV (105.7 FM; Searcy, AR; Owner: Malvern Entertainment Corporation)
  • NEW (88.1 FM; Batesville, AR; Owner: Jubilee Family Church, Inc.)
  • NEW (88.7 FM; Augusta, AR; Owner: Educational Media Foundation)
  • 990510MB (90.3 FM; Judsonia, AR; Owner: Harding University)
  • KLLN (90.9 FM; Newark, AR; Owner: Cedar Ridge School District)
  • KVHU (95.3 FM; Bald Knob, AR; Owner: George S. Flinn, Jr.)
  • KOKR (96.7 FM; Bradford, AR; Owner: Newport Broadcasting Company)
  • KJSM-FM (97.7 FM; Gregory, AR; Owner: Family Worship Center Church, Inc.)
  • KSMD (99.1 FM; Pangburn, AR; Owner: Crain Media Group, Llc)
  • KBTA-FM (99.5 FM; Batesville, AR; Owner: Wrd Entertainment, Inc.)
  • KWCK-FM (99.9 FM; Wilburn, AR; Owner: Crain Media Group, Llc)

(updated 2008)



Occupations in Velvet Ridge Township, Arkansas

Male:


  • Management, Professional, And Related Occupations: 38  (20.3%)
  • Service Occupations: 12  (6.4%)
  • Sales And Office Occupations: 42  (22.5%)
  • Farming, Fishing, And Forestry Occupations 7  (3.7%)
  • Construction, Extraction, And Maintenance Occupations: 65  (34.8%)

Female:


  • Management, Professional, And Related Occupations: 46  (35.7%)
  • Service Occupations: 32  (24.8%)
  • Sales And Office Occupations: 34  (26.4%)
  • Farming, Fishing, And Forestry Occupations 0  (0.0%)
  • Construction, Extraction, And Maintenance Occupations: 5  (3.9%)


(updated 2010)





There are 202 Farms In Velvet Ridge Township, Arkansas


(updated 2008)



Banks In Velvet Ridge Township, Arkansas

Southern Bank - 1 Branches


    Bank Assets: $1m
    Industry Specialization: Commercial Lending
    Total Offices: 31

(updated 2014)







Airports Near Velvet Ridge Township, Arkansas

  • Searcy Municipal


    (about 16.4 miles in Searcy, Arkansas; Airport Code: SRC)

  • Batesville Regional


    (about 22.1 miles in Desha, Arkansas; Airport Code: BVX)

  • Little Rock AFB


    (about 47.4 miles in Gravel Ridge, Arkansas; Airport Code: LRF)

  • Dennis F Cantrell Field


    (about 53.5 miles in Conway, Arkansas; Airport Code: AR2)

  • North Little Rock Municipal


    (about 55.8 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Stuttgart Municipal


    (about 56.1 miles in Ulm, Arkansas; Airport Code: SGT)

  • Jonesboro Municipal


    (about 59.3 miles in Jonesboro, Arkansas; Airport Code: JBR)


(updated 2015)



Modes of Transportation in Velvet Ridge Township, Arkansas

Car, Truck, Or Van:

 

Drove Alone

78.48%

Carpooled

6.33%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

1.90%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.0%

Walked

6.65%

Other Means

3.16%

Worked At Home

3.48%



(updated 2010)





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