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Franklin County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 378   (5.2%)
5:00 A.M. TO 5:29 A.M.   : 261   (3.6%)
5:30 A.M. TO 5:59 A.M.   : 428   (5.8%)
6:00 A.M. TO 6:29 A.M.   : 768   (10.5%)
6:30 A.M. TO 6:59 A.M.   : 963   (13.2%)
7:00 A.M. TO 7:29 A.M.   : 1,184   (16.2%)
7:30 A.M. TO 7:59 A.M.   : 1,331   (18.2%)
8:00 A.M. TO 8:29 A.M.   : 475   (6.5%)
8:30 A.M. TO 8:59 A.M.   : 131   (1.8%)
9:00 A.M. TO 9:59 A.M.   : 184   (2.5%)
10:00 A.M. TO 10:59 A.M.   : 73   (1.0%)
11:00 A.M. TO 11:59 A.M.   : 43   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 560   (7.7%)
4:00 P.M. TO 11:59 P.M.   : 539   (7.4%)


(updated 2010)



Means Of Transportation
(Franklin County, Arkansas)

Car, truck, or van:

Drove alone : 5,558

Carpooled:

In 2-person carpool : 785

In 3-person carpool : 58

In 4-person carpool : 15

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 17

Public transportation (excluding taxicab):

Bus or trolley bus : 37

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 35

Bicycle : 0

Walked : 143

Other means : 43

Worked at home : 445


(updated 2009)



Travel Time To Work
(Franklin County, Arkansas)

Less than 5 minutes : 628

5 to 9 minutes : 822

10 to 14 minutes : 730

15 to 19 minutes : 1,097

20 to 24 minutes : 596

25 to 29 minutes : 176

30 to 34 minutes : 940

35 to 39 minutes : 188

40 to 44 minutes : 370

45 to 59 minutes : 658

60 to 89 minutes : 345

90 or more minutes : 141


(updated 2009)



Social Security Income In The Past 12 Months For Households
(Franklin County, Arkansas)

With Social Security income : 2,854

No Social Security income : 3,946


(updated 2009)



Retirement Income In The Past 12 Months For Households
(Franklin County, Arkansas)

With retirement income : 1,258

No retirement income : 5,542


(updated 2009)



Family Income (Annual)
(Franklin County, Arkansas)

Less than $10,000 : 274

$10,000 to $14,999 : 286

$15,000 to $19,999 : 266

$20,000 to $24,999 : 514

$25,000 to $29,999 : 387

$30,000 to $34,999 : 400

$35,000 to $39,999 : 232

$40,000 to $44,999 : 200

$45,000 to $49,999 : 207

$50,000 to $59,999 : 332

$60,000 to $74,999 : 410

$75,000 to $99,999 : 649

$100,000 to $124,999 : 293

$125,000 to $149,999 : 122

$150,000 to $199,999 : 52

$200,000 or more : 16


(updated 2009)



Median Family Income (Annual)
(Franklin County, Arkansas)

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $39,201


(updated 2009)



Occupations in Franklin County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 892  (21.5%)
  • Service Occupations: 276  (6.7%)
  • Sales And Office Occupations: 506  (12.2%)
  • Farming, Fishing, And Forestry Occupations 149  (3.6%)
  • Construction, Extraction, And Maintenance Occupations: 894  (21.6%)

Female:


  • Management, Professional, And Related Occupations: 1,051  (30.3%)
  • Service Occupations: 647  (18.6%)
  • Sales And Office Occupations: 1,092  (31.5%)
  • Farming, Fishing, And Forestry Occupations 25  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 17  (0.5%)


(updated 2010)





Employment Rate In Franklin County, Arkansas

Employed: 8,314
Unemployed: 376



Minority Owned Firms of 100 or More in
Franklin 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: 41.6%
  • Other: 58.4%



Water Usage In Franklin County, Arkansas

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 2.72 Mgal/d
Saline 0.00 Mgal/d

Total 2.72 Mgal/d





There are 829 Farms In Franklin County, Arkansas


(updated 2008)



Banks In Franklin County, Arkansas

Bank Of The Ozarks - 3 Branches


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

Simmons First National Bank - 2 Branches


    Bank Assets: $7.4m
    Industry Specialization: Commercial Lending
    Total Offices: 91

The First National Bank Of Fort Smith - 1 Branches


    Bank Assets: $1.1m
    Industry Specialization: Commercial Lending
    Total Offices: 20

Allied Bank - 1 Branches


    Bank Assets: $122.7k
    Industry Specialization: Commercial Lending
    Total Offices: 8

Priority Bank - 1 Branches


    Bank Assets: $85.3k
    Industry Specialization: Mortgage Lending
    Total Offices: 2

(updated 2014)







Airports Near Franklin County, Arkansas

  • Fort Smith Regional


    (about 28.9 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Drake Field


    (about 39.8 miles in Greenland, Arkansas; Airport Code: FYV)

  • Russellville Regional


    (about 46.9 miles in Russellville, Arkansas; Airport Code: AR1)

  • Springdale Municipal


    (about 49.9 miles in Springdale, Arkansas; Airport Code: SPZ)

  • Robert S Kerr


    (about 52.2 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Petit Jean Park


    (about 59.7 miles in Adona, Arkansas; Airport Code: MPJ)

  • Northwest Arkansas Regional


    (about 60.4 miles in Bentonville, Arkansas; Airport Code: XNA)

  • Rogers Municipal Carter Field


    (about 63.1 miles in Rogers, Arkansas; Airport Code: ROG)

  • Intermountain Regional


    (about 66.7 miles in Mena, Arkansas; Airport Code: XXX)

  • Mena Intermountain Municipal


    (about 66.9 miles in Mena, Arkansas; Airport Code: XXX)

  • Boone County


    (about 67.8 miles in Harrison, Arkansas; Airport Code: HRO)

  • Memorial Field


    (about 82.2 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Branson Airport


    (about 82.3 miles in Ridgedale, Missouri; Airport Code: BKG)

  • Davis Field


    (about 84.2 miles in Muskogee, Oklahoma; Airport Code: MKO)

  • John the Diver


    (about 86.5 miles in Branson West, Missouri; Airport Code: ZBX)

  • Dennis F Cantrell Field


    (about 86.8 miles in Conway, Arkansas; Airport Code: AR2)

  • M. Graham Clark - Taney County


    (about 87.4 miles in Point Lookout, Missouri; Airport Code: PLK)

  • M. Graham Clark Downtown


    (about 87.4 miles in Point Lookout, Missouri; Airport Code: PLK)

  • Grand Lake Regional


    (about 93.6 miles in Grove, Oklahoma; Airport Code: NRI)


(updated 2015)



Modes of Transportation in Franklin County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

77.43%

Carpooled

16.11%

Public Transportation:

 

Bus Or Trolley Bus

0.13%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.09%

Taxicab

0.0%

Motorcycle

0.31%

Bicycle

0.09%

Walked

2.05%

Other Means

1.37%

Worked At Home

2.40%



(updated 2010)





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