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Craighead County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 1,132   (3.0%)
5:00 A.M. TO 5:29 A.M.   : 855   (2.2%)
5:30 A.M. TO 5:59 A.M.   : 1,321   (3.5%)
6:00 A.M. TO 6:29 A.M.   : 2,758   (7.2%)
6:30 A.M. TO 6:59 A.M.   : 4,291   (11.2%)
7:00 A.M. TO 7:29 A.M.   : 5,570   (14.5%)
7:30 A.M. TO 7:59 A.M.   : 8,227   (21.5%)
8:00 A.M. TO 8:29 A.M.   : 3,259   (8.5%)
8:30 A.M. TO 8:59 A.M.   : 1,596   (4.2%)
9:00 A.M. TO 9:59 A.M.   : 1,870   (4.9%)
10:00 A.M. TO 10:59 A.M.   : 597   (1.6%)
11:00 A.M. TO 11:59 A.M.   : 402   (1.1%)
12:00 P.M. TO 3:59 P.M.   : 3,483   (9.1%)
4:00 P.M. TO 11:59 P.M.   : 2,921   (7.6%)


(updated 2010)



Household Size By Vehicles Available
(Craighead County, Arkansas)

1-person household:

No vehicle available : 1,164

1 vehicle available : 6,794

2 vehicles available : 1,018

3 vehicles available : 86

4 or more vehicles available : 31

2-person household:

No vehicle available : 558

1 vehicle available : 3,332

2 vehicles available : 8,047

3 vehicles available : 1,654

4 or more vehicles available : 338

3-person household:

No vehicle available : 210

1 vehicle available : 1,780

2 vehicles available : 3,209

3 vehicles available : 1,783

4 or more vehicles available : 580

4-or-more-person household:

No vehicle available : 336

1 vehicle available : 1,294

2 vehicles available : 3,451

3 vehicles available : 1,501

4 or more vehicles available : 866


(updated 2013)



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

1-person household:

No workers : 4,784

1 worker : 4,309

2-person household:

No workers : 4,247

1 worker : 4,618

2 workers : 5,064

3-person household:

No workers : 1,300

1 worker : 2,574

2 workers : 2,820

3 workers : 868

4-or-more-person household:

No workers : 752

1 worker : 2,130

2 workers : 3,443

3 or more workers : 1,123


(updated 2013)



Means of Transportation To Work
(Craighead County, Arkansas)

Car, truck, or van:

Drove alone : 36,564

Carpooled:

In 2-person carpool : 2,520

In 3-person carpool : 831

In 4-person carpool : 582

In 5- or 6-person carpool : 24

In 7-or-more-person carpool : 88

Public transportation (excluding taxicab):

Bus or trolley bus : 159

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 151

Bicycle : 50

Walked : 633

Other means : 387

Worked at home : 1,983


(updated 2013)



Travel Time To Work
(Craighead County, Arkansas)

Less than 5 minutes : 1,889

5 to 9 minutes : 7,756

10 to 14 minutes : 10,546

15 to 19 minutes : 8,517

20 to 24 minutes : 5,433

25 to 29 minutes : 1,541

30 to 34 minutes : 3,178

35 to 39 minutes : 338

40 to 44 minutes : 321

45 to 59 minutes : 761

60 to 89 minutes : 1,035

90 or more minutes : 674


(updated 2013)



Occupations in Craighead County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 5,488  (25.4%)
  • Service Occupations: 2,240  (10.4%)
  • Sales And Office Occupations: 3,773  (17.5%)
  • Farming, Fishing, And Forestry Occupations 348  (1.6%)
  • Construction, Extraction, And Maintenance Occupations: 3,739  (17.3%)

Female:


  • Management, Professional, And Related Occupations: 5,913  (32.0%)
  • Service Occupations: 3,521  (19.1%)
  • Sales And Office Occupations: 6,635  (36.0%)
  • Farming, Fishing, And Forestry Occupations 34  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 175  (0.9%)


(updated 2010)





Employment Rate In Craighead County, Arkansas

Employed: 43,589
Unemployed: 2,223



Minority Owned Firms of 100 or More in
Craighead 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: 20.2%
  • Other: 79.8%



Water Usage In Craighead County, Arkansas

Ground Water

 
Fresh 352.54 Mgal/d
Saline 0.00 Mgal/d

Total 352.54 Mgal/d
 

Surface Water

 
Fresh 39.35 Mgal/d
Saline 0.00 Mgal/d

Total 39.35 Mgal/d





There are 904 Farms In Craighead County, Arkansas


(updated 2008)



Banks In Craighead County, Arkansas

Heritage Bank, National Association - 8 Branches


    Bank Assets: $2.2m
    Industry Specialization: Commercial Lending
    Total Offices: 10

Centennial Bank - 8 Branches


    Bank Assets: $53.2m
    Industry Specialization: Commercial Lending
    Total Offices: 166

Iberiabank - 5 Branches


    Bank Assets: $76.2m
    Industry Specialization: Commercial Lending
    Total Offices: 183

Bancorpsouth Bank - 4 Branches


    Bank Assets: $51.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

Simmons First National Bank - 3 Branches


    Bank Assets: $11.2m
    Industry Specialization: Commercial Lending
    Total Offices: 91

First National Bank - 3 Branches


    Bank Assets: $2.4m
    Industry Specialization: Agricultural
    Total Offices: 191

Focus Bank - 3 Branches


    Bank Assets: $2m
    Industry Specialization: Agricultural
    Total Offices: 12

Regions Bank - 3 Branches


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

Southern Bank - 3 Branches


    Bank Assets: $3m
    Industry Specialization: Commercial Lending
    Total Offices: 31

Bank Of America, National Association - 2 Branches


    Bank Assets: $2.9b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

(updated 2014)







Airports Near Craighead County, Arkansas

  • Jonesboro Municipal


    (about 0.8 miles in Jonesboro, Arkansas; Airport Code: JBR)

  • Kirk Field


    (about 17.7 miles in Paragould, Arkansas; Airport Code: PGR)

  • Walnut Ridge Regional


    (about 26.3 miles in Walnut Ridge, Arkansas; Airport Code: ARG)

  • Arkansas International


    (about 39.5 miles in Blytheville, Arkansas; Airport Code: BYH)

  • Blytheville AFB


    (about 39.5 miles in Blytheville, Arkansas; Airport Code: BYH)

  • Kennett Memorial


    (about 43.1 miles in Kennett, Missouri; Airport Code: KNT)

  • Blytheville Municipal


    (about 45.5 miles in Blytheville, Arkansas; Airport Code: HKA)

  • West Memphis Municipal


    (about 52.9 miles in West Memphis, Arkansas; Airport Code: AWM)

  • Millington Regional Jetport


    (about 53.8 miles in Millington, Tennessee; Airport Code: NQA)

  • Batesville Regional


    (about 57.4 miles in Desha, Arkansas; Airport Code: BVX)

  • Covington Municipal


    (about 61.0 miles in Covington, Tennessee; Airport Code: RQG)

  • Hayes Field


    (about 63.5 miles in Broseley, Missouri; Airport Code: POF)

  • Malden Regional


    (about 64.0 miles in Malden, Missouri; Airport Code: MAW)

  • Malden Municipal


    (about 64.2 miles in Malden, Missouri; Airport Code: MAW)

  • Memphis International


    (about 65.2 miles in Memphis, Tennessee; Airport Code: MEM)

  • Dyersburg Regional


    (about 69.6 miles in Dyersburg, Tennessee; Airport Code: TN6)

  • Searcy Municipal


    (about 75.0 miles in Searcy, Arkansas; Airport Code: SRC)

  • Olive Branch Airport


    (about 75.5 miles in Hickory Hill, Tennessee; Airport Code: OLV)

  • Tunica Municipal


    (about 80.9 miles in Tunica, Mississippi; Airport Code: UTM)

  • Sikeston Memorial Municipal


    (about 94.8 miles in Miner, Missouri; Airport Code: SIK)


(updated 2015)



Modes of Transportation in Craighead County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

83.06%

Carpooled

11.68%

Public Transportation:

 

Bus Or Trolley Bus

0.02%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.03%

Taxicab

0.07%

Motorcycle

0.04%

Bicycle

0.10%

Walked

1.85%

Other Means

0.57%

Worked At Home

2.57%



(updated 2010)





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