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Hempstead County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 505   (5.2%)
5:00 A.M. TO 5:29 A.M.   : 393   (4.0%)
5:30 A.M. TO 5:59 A.M.   : 495   (5.1%)
6:00 A.M. TO 6:29 A.M.   : 843   (8.6%)
6:30 A.M. TO 6:59 A.M.   : 951   (9.7%)
7:00 A.M. TO 7:29 A.M.   : 1,516   (15.5%)
7:30 A.M. TO 7:59 A.M.   : 1,718   (17.6%)
8:00 A.M. TO 8:29 A.M.   : 767   (7.8%)
8:30 A.M. TO 8:59 A.M.   : 252   (2.6%)
9:00 A.M. TO 9:59 A.M.   : 279   (2.9%)
10:00 A.M. TO 10:59 A.M.   : 90   (0.9%)
11:00 A.M. TO 11:59 A.M.   : 90   (0.9%)
12:00 P.M. TO 3:59 P.M.   : 855   (8.7%)
4:00 P.M. TO 11:59 P.M.   : 1,027   (10.5%)


(updated 2010)



Household Size By Vehicles Available
(Hempstead County, Arkansas)

1-person household:

No vehicle available : 486

1 vehicle available : 1,441

2 vehicles available : 361

3 vehicles available : 270

4 or more vehicles available : 19

2-person household:

No vehicle available : 103

1 vehicle available : 564

2 vehicles available : 1,344

3 vehicles available : 576

4 or more vehicles available : 117

3-person household:

No vehicle available : 57

1 vehicle available : 753

2 vehicles available : 602

3 vehicles available : 178

4 or more vehicles available : 25

4-or-more-person household:

No vehicle available : 41

1 vehicle available : 229

2 vehicles available : 392

3 vehicles available : 245

4 or more vehicles available : 259


(updated 2013)



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

1-person household:

No workers : 1,744

1 worker : 833

2-person household:

No workers : 661

1 worker : 1,451

2 workers : 592

3-person household:

No workers : 106

1 worker : 719

2 workers : 731

3 workers : 59

4-or-more-person household:

No workers : 148

1 worker : 529

2 workers : 335

3 or more workers : 154


(updated 2013)



Travel Time To Work
(Hempstead County, Arkansas)

Less than 5 minutes : 237

5 to 9 minutes : 1,172

10 to 14 minutes : 1,791

15 to 19 minutes : 2,149

20 to 24 minutes : 850

25 to 29 minutes : 279

30 to 34 minutes : 1,011

35 to 39 minutes : 111

40 to 44 minutes : 93

45 to 59 minutes : 405

60 to 89 minutes : 218

90 or more minutes : 155


(updated 2013)



Occupations in Hempstead County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 1,040  (18.4%)
  • Service Occupations: 509  (9.0%)
  • Sales And Office Occupations: 641  (11.3%)
  • Farming, Fishing, And Forestry Occupations 226  (4.0%)
  • Construction, Extraction, And Maintenance Occupations: 887  (15.7%)

Female:


  • Management, Professional, And Related Occupations: 1,324  (28.6%)
  • Service Occupations: 817  (17.6%)
  • Sales And Office Occupations: 1,278  (27.6%)
  • Farming, Fishing, And Forestry Occupations 43  (0.9%)
  • Construction, Extraction, And Maintenance Occupations: 64  (1.4%)


(updated 2010)





Employment Rate In Hempstead County, Arkansas

Employed: 10,344
Unemployed: 612



Minority Owned Firms of 100 or More in
Hempstead 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: 32.2%
  • Other: 67.8%



Water Usage In Hempstead County, Arkansas

Ground Water

 
Fresh 4.81 Mgal/d
Saline 0.00 Mgal/d

Total 4.81 Mgal/d
 

Surface Water

 
Fresh 1.04 Mgal/d
Saline 0.00 Mgal/d

Total 1.04 Mgal/d





There are 671 Farms In Hempstead County, Arkansas


(updated 2008)



Banks In Hempstead County, Arkansas

1st Bank, National Association. - 4 Branches


    Bank Assets: $1.2m
    Industry Specialization: Commercial Lending
    Total Offices: 8

Bancorpsouth Bank - 3 Branches


    Bank Assets: $38.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

Bank Of The Ozarks - 2 Branches


    Bank Assets: $12.5m
    Industry Specialization: Commercial Lending
    Total Offices: 160

Diamond Bank - 1 Branches


    Bank Assets: $452.9k
    Industry Specialization: Agricultural
    Total Offices: 12

(updated 2014)







Airports Near Hempstead County, Arkansas

  • Texarkana Regional-Webb Field


    (about 26.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Muni/Webb Field


    (about 26.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Harrell Field


    (about 51.3 miles in Camden, Arkansas; Airport Code: CDH)

  • Goodwin Field


    (about 59.0 miles in Smackover, Arkansas; Airport Code: ELD)

  • El Dorado Airport


    (about 59.0 miles in Smackover, Arkansas; Airport Code: ELD)

  • South Arkansas Regional at Goodwin Field


    (about 59.1 miles in Smackover, Arkansas; Airport Code: ELD)

  • Memorial Field


    (about 61.3 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Mena Intermountain Municipal


    (about 65.4 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 65.7 miles in Mena, Arkansas; Airport Code: XXX)

  • Shreveport Downtown


    (about 81.5 miles in Shreveport, Louisiana; Airport Code: DTN)

  • Barksdale AFB


    (about 84.0 miles in Bossier City, Louisiana; Airport Code: BAD)

  • Mount Pleasant Municipal


    (about 86.7 miles in Mount Pleasant, Texas; Airport Code: MPS)

  • Shreveport Regional


    (about 88.4 miles in Shreveport, Louisiana; Airport Code: SHV)

  • Harrison County


    (about 91.0 miles in Marshall, Texas; Airport Code: ASL)


(updated 2015)



Modes of Transportation in Hempstead County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

76.64%

Carpooled

17.50%

Public Transportation:

 

Bus Or Trolley Bus

0.24%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.07%

Bicycle

0.11%

Walked

1.11%

Other Means

1.42%

Worked At Home

2.92%



(updated 2010)





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