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Boone County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 477   (3.3%)
5:00 A.M. TO 5:29 A.M.   : 308   (2.2%)
5:30 A.M. TO 5:59 A.M.   : 547   (3.8%)
6:00 A.M. TO 6:29 A.M.   : 1,036   (7.2%)
6:30 A.M. TO 6:59 A.M.   : 1,692   (11.8%)
7:00 A.M. TO 7:29 A.M.   : 2,173   (15.2%)
7:30 A.M. TO 7:59 A.M.   : 3,017   (21.1%)
8:00 A.M. TO 8:29 A.M.   : 1,473   (10.3%)
8:30 A.M. TO 8:59 A.M.   : 552   (3.9%)
9:00 A.M. TO 9:59 A.M.   : 575   (4.0%)
10:00 A.M. TO 10:59 A.M.   : 237   (1.7%)
11:00 A.M. TO 11:59 A.M.   : 86   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 1,148   (8.0%)
4:00 P.M. TO 11:59 P.M.   : 987   (6.9%)


(updated 2010)



Household Size By Vehicles Available
(Boone County, Arkansas)

1-person household:

No vehicle available : 421

1 vehicle available : 2,321

2 vehicles available : 734

3 vehicles available : 188

4 or more vehicles available : 15

2-person household:

No vehicle available : 301

1 vehicle available : 1,072

2 vehicles available : 3,954

3 vehicles available : 772

4 or more vehicles available : 217

3-person household:

No vehicle available : 44

1 vehicle available : 592

2 vehicles available : 927

3 vehicles available : 523

4 or more vehicles available : 319

4-or-more-person household:

No vehicle available : 81

1 vehicle available : 403

2 vehicles available : 1,391

3 vehicles available : 552

4 or more vehicles available : 372


(updated 2013)



Household Size By Number Of Workers In Household
(Boone County, Arkansas)

1-person household:

No workers : 2,202

1 worker : 1,477

2-person household:

No workers : 2,616

1 worker : 2,085

2 workers : 1,615

3-person household:

No workers : 418

1 worker : 943

2 workers : 916

3 workers : 128

4-or-more-person household:

No workers : 261

1 worker : 1,134

2 workers : 1,124

3 or more workers : 280


(updated 2013)



Travel Time To Work
(Boone County, Arkansas)

Less than 5 minutes : 750

5 to 9 minutes : 2,920

10 to 14 minutes : 2,448

15 to 19 minutes : 2,726

20 to 24 minutes : 1,803

25 to 29 minutes : 652

30 to 34 minutes : 1,486

35 to 39 minutes : 215

40 to 44 minutes : 80

45 to 59 minutes : 299

60 to 89 minutes : 400

90 or more minutes : 458


(updated 2013)



Occupations in Boone County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 1,807  (22.3%)
  • Service Occupations: 650  (8.0%)
  • Sales And Office Occupations: 1,396  (17.2%)
  • Farming, Fishing, And Forestry Occupations 123  (1.5%)
  • Construction, Extraction, And Maintenance Occupations: 1,584  (19.5%)

Female:


  • Management, Professional, And Related Occupations: 1,890  (26.8%)
  • Service Occupations: 1,357  (19.3%)
  • Sales And Office Occupations: 3,018  (42.8%)
  • Farming, Fishing, And Forestry Occupations 22  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 55  (0.8%)


(updated 2010)





Employment Rate In Boone County, Arkansas

Employed: 16,239
Unemployed: 840



Minority Owned Firms of 100 or More in
Boone County, Arkansas

  • Total Black-owned firms of 100 or more, percent 2002: 0.0%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 0.0%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 0.0%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 21.2%
  • Other: 78.8%



Water Usage In Boone County, Arkansas

Ground Water

 
Fresh 1.58 Mgal/d
Saline 0.00 Mgal/d

Total 1.58 Mgal/d
 

Surface Water

 
Fresh 2.34 Mgal/d
Saline 0.00 Mgal/d

Total 2.34 Mgal/d





There are 1,553 Farms In Boone County, Arkansas


(updated 2008)



Banks In Boone County, Arkansas

Arvest Bank - 5 Branches


    Bank Assets: $73.5m
    Industry Specialization: Commercial Lending
    Total Offices: 274

Bank Of The Ozarks - 3 Branches


    Bank Assets: $18.8m
    Industry Specialization: Commercial Lending
    Total Offices: 160

First Federal Bank - 3 Branches


    Bank Assets: $1.6m
    Industry Specialization: Commercial Lending
    Total Offices: 35

First National Bank Of North Arkansas - 2 Branches


    Bank Assets: $371.5k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 11

The First National Bank In Green Forest - 2 Branches


    Bank Assets: $830.6k
    Industry Specialization: Agricultural
    Total Offices: 9

Community First Bank - 2 Branches


    Bank Assets: $919.1k
    Industry Specialization: Commercial Lending
    Total Offices: 40

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

(updated 2014)







Airports Near Boone County, Arkansas

  • Boone County


    (about 5.2 miles in Harrison, Arkansas; Airport Code: HRO)

  • Branson Airport


    (about 18.6 miles in Ridgedale, Missouri; Airport Code: BKG)

  • M. Graham Clark - Taney County


    (about 25.2 miles in Point Lookout, Missouri; Airport Code: PLK)

  • M. Graham Clark Downtown


    (about 25.2 miles in Point Lookout, Missouri; Airport Code: PLK)

  • John the Diver


    (about 29.7 miles in Branson West, Missouri; Airport Code: ZBX)

  • Ozark Regional


    (about 33.6 miles in Midway, Arkansas; Airport Code: WMH)

  • Baxter County


    (about 33.6 miles in Midway, Arkansas; Airport Code: WMH)

  • Mountain Home Municipal


    (about 33.7 miles in Midway, Arkansas; Airport Code: WMH)

  • Rogers Municipal Carter Field


    (about 58.3 miles in Rogers, Arkansas; Airport Code: ROG)

  • Springdale Municipal


    (about 59.2 miles in Springdale, Arkansas; Airport Code: SPZ)

  • Drake Field


    (about 64.6 miles in Greenland, Arkansas; Airport Code: FYV)

  • Springfield-Branson National


    (about 68.3 miles in Springfield, Missouri; Airport Code: SGF)

  • Northwest Arkansas Regional


    (about 69.2 miles in Bentonville, Arkansas; Airport Code: XNA)

  • Russellville Regional


    (about 70.5 miles in Russellville, Arkansas; Airport Code: AR1)

  • Petit Jean Park


    (about 79.8 miles in Adona, Arkansas; Airport Code: MPJ)

  • Batesville Regional


    (about 88.2 miles in Desha, Arkansas; Airport Code: BVX)

  • Dennis F Cantrell Field


    (about 90.7 miles in Conway, Arkansas; Airport Code: AR2)

  • Floyd W Jones Lebanon


    (about 96.9 miles in Lebanon, Missouri; Airport Code: LJY)

  • Fort Smith Regional


    (about 98.0 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Joplin Municipal


    (about 99.3 miles in Webb City, Missouri; Airport Code: JLN)


(updated 2015)



Modes of Transportation in Boone County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

79.89%

Carpooled

13.17%

Public Transportation:

 

Bus Or Trolley Bus

0.10%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.04%

Bicycle

0.23%

Walked

2.00%

Other Means

0.60%

Worked At Home

3.97%



(updated 2010)





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