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Conway County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 353   (4.3%)
5:00 A.M. TO 5:29 A.M.   : 386   (4.7%)
5:30 A.M. TO 5:59 A.M.   : 504   (6.2%)
6:00 A.M. TO 6:29 A.M.   : 939   (11.5%)
6:30 A.M. TO 6:59 A.M.   : 858   (10.5%)
7:00 A.M. TO 7:29 A.M.   : 1,312   (16.1%)
7:30 A.M. TO 7:59 A.M.   : 1,415   (17.4%)
8:00 A.M. TO 8:29 A.M.   : 630   (7.7%)
8:30 A.M. TO 8:59 A.M.   : 172   (2.1%)
9:00 A.M. TO 9:59 A.M.   : 213   (2.6%)
10:00 A.M. TO 10:59 A.M.   : 134   (1.6%)
11:00 A.M. TO 11:59 A.M.   : 62   (0.8%)
12:00 P.M. TO 3:59 P.M.   : 535   (6.6%)
4:00 P.M. TO 11:59 P.M.   : 623   (7.7%)


(updated 2010)



Household Size By Vehicles Available
(Conway County, Arkansas)

1-person household:

No vehicle available : 336

1 vehicle available : 1,320

2 vehicles available : 308

3 vehicles available : 17

4 or more vehicles available : 25

2-person household:

No vehicle available : 107

1 vehicle available : 698

2 vehicles available : 1,861

3 vehicles available : 499

4 or more vehicles available : 132

3-person household:

No vehicle available : 3

1 vehicle available : 309

2 vehicles available : 498

3 vehicles available : 225

4 or more vehicles available : 124

4-or-more-person household:

No vehicle available : 59

1 vehicle available : 305

2 vehicles available : 798

3 vehicles available : 210

4 or more vehicles available : 334


(updated 2013)



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

1-person household:

No workers : 1,243

1 worker : 763

2-person household:

No workers : 1,248

1 worker : 1,184

2 workers : 865

3-person household:

No workers : 162

1 worker : 691

2 workers : 276

3 workers : 30

4-or-more-person household:

No workers : 337

1 worker : 624

2 workers : 521

3 or more workers : 224


(updated 2013)



Travel Time To Work
(Conway County, Arkansas)

Less than 5 minutes : 564

5 to 9 minutes : 1,159

10 to 14 minutes : 1,034

15 to 19 minutes : 1,033

20 to 24 minutes : 812

25 to 29 minutes : 572

30 to 34 minutes : 851

35 to 39 minutes : 119

40 to 44 minutes : 197

45 to 59 minutes : 624

60 to 89 minutes : 471

90 or more minutes : 114


(updated 2013)



Occupations in Conway County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 971  (21.6%)
  • Service Occupations: 378  (8.4%)
  • Sales And Office Occupations: 605  (13.5%)
  • Farming, Fishing, And Forestry Occupations 152  (3.4%)
  • Construction, Extraction, And Maintenance Occupations: 971  (21.6%)

Female:


  • Management, Professional, And Related Occupations: 1,072  (26.4%)
  • Service Occupations: 903  (22.3%)
  • Sales And Office Occupations: 1,429  (35.2%)
  • Farming, Fishing, And Forestry Occupations 8  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 86  (2.1%)


(updated 2010)





Employment Rate In Conway County, Arkansas

Employed: 9,397
Unemployed: 500



Minority Owned Firms of 100 or More in
Conway 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: 24.7%
  • Other: 75.3%



Water Usage In Conway County, Arkansas

Ground Water

 
Fresh 1.82 Mgal/d
Saline 0.00 Mgal/d

Total 1.82 Mgal/d
 

Surface Water

 
Fresh 14.27 Mgal/d
Saline 0.00 Mgal/d

Total 14.27 Mgal/d





There are 1,007 Farms In Conway County, Arkansas


(updated 2008)



Banks In Conway County, Arkansas

Regions Bank - 3 Branches


    Bank Assets: $353.8m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

Petit Jean State Bank - 2 Branches


    Bank Assets: $336.8k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 2

U.s. Bank National Association - 2 Branches


    Bank Assets: $768.3m
    Industry Specialization: Commercial Lending
    Total Offices: 3,238

Arvest Bank - 1 Branches


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

Centennial Bank - 1 Branches


    Bank Assets: $6.6m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Home Bank Of Arkansas - 1 Branches


    Bank Assets: $64.8k
    Industry Specialization: Commercial Lending
    Total Offices: 6

The Farmers & Merchants Bank - 1 Branches


    Bank Assets: $658k
    Industry Specialization: Agricultural
    Total Offices: 19

(updated 2014)







Airports Near Conway County, Arkansas

  • Petit Jean Park


    (about 12.2 miles in Adona, Arkansas; Airport Code: MPJ)

  • Dennis F Cantrell Field


    (about 18.5 miles in Conway, Arkansas; Airport Code: AR2)

  • Russellville Regional


    (about 21.8 miles in Russellville, Arkansas; Airport Code: AR1)

  • North Little Rock Municipal


    (about 36.7 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Little Rock AFB


    (about 37.9 miles in Gravel Ridge, Arkansas; Airport Code: LRF)

  • Adams Field


    (about 42.8 miles in Little Rock, Arkansas; Airport Code: LIT)

  • Bill and Hillary Clinton Nat Adams Field


    (about 43.1 miles in College Station, Arkansas; Airport Code: LIT)

  • Memorial Field


    (about 54.8 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Searcy Municipal


    (about 55.1 miles in Searcy, Arkansas; Airport Code: SRC)

  • Batesville Regional


    (about 69.9 miles in Desha, Arkansas; Airport Code: BVX)

  • Boone County


    (about 76.9 miles in Harrison, Arkansas; Airport Code: HRO)

  • Stuttgart Municipal


    (about 77.0 miles in Ulm, Arkansas; Airport Code: SGT)

  • Ozark Regional


    (about 81.4 miles in Midway, Arkansas; Airport Code: WMH)

  • Baxter County


    (about 81.4 miles in Midway, Arkansas; Airport Code: WMH)

  • Mountain Home Municipal


    (about 81.4 miles in Midway, Arkansas; Airport Code: WMH)

  • Grider Field


    (about 83.9 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Fort Smith Regional


    (about 93.7 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Branson Airport


    (about 95.5 miles in Ridgedale, Missouri; Airport Code: BKG)

  • Mena Intermountain Municipal


    (about 96.0 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 96.1 miles in Mena, Arkansas; Airport Code: XXX)


(updated 2015)



Modes of Transportation in Conway County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

79.05%

Carpooled

14.66%

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

0.10%

Bicycle

0.11%

Walked

1.69%

Other Means

0.94%

Worked At Home

3.37%



(updated 2010)





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