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Lafayette County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 169   (5.7%)
5:00 A.M. TO 5:29 A.M.   : 107   (3.6%)
5:30 A.M. TO 5:59 A.M.   : 176   (5.9%)
6:00 A.M. TO 6:29 A.M.   : 274   (9.2%)
6:30 A.M. TO 6:59 A.M.   : 451   (15.1%)
7:00 A.M. TO 7:29 A.M.   : 448   (15.0%)
7:30 A.M. TO 7:59 A.M.   : 574   (19.2%)
8:00 A.M. TO 8:29 A.M.   : 191   (6.4%)
8:30 A.M. TO 8:59 A.M.   : 63   (2.1%)
9:00 A.M. TO 9:59 A.M.   : 83   (2.8%)
10:00 A.M. TO 10:59 A.M.   : 23   (0.8%)
11:00 A.M. TO 11:59 A.M.   : 4   (0.1%)
12:00 P.M. TO 3:59 P.M.   : 167   (5.6%)
4:00 P.M. TO 11:59 P.M.   : 255   (8.5%)


(updated 2010)



Means Of Transportation
(Lafayette County, Arkansas)

Car, truck, or van:

Drove alone : 1,782

Carpooled:

In 2-person carpool : 394

In 3-person carpool : 129

In 4-person carpool : 4

In 5- or 6-person carpool : 15

In 7-or-more-person carpool : 0

Public transportation (excluding taxicab):

Bus or trolley bus : 10

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 0

Bicycle : 0

Walked : 101

Other means : 143

Worked at home : 142


(updated 2009)



Travel Time To Work
(Lafayette County, Arkansas)

Less than 5 minutes : 248

5 to 9 minutes : 630

10 to 14 minutes : 255

15 to 19 minutes : 150

20 to 24 minutes : 299

25 to 29 minutes : 81

30 to 34 minutes : 412

35 to 39 minutes : 30

40 to 44 minutes : 110

45 to 59 minutes : 233

60 to 89 minutes : 90

90 or more minutes : 40


(updated 2009)



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

With Social Security income : 1,400

No Social Security income : 1,730


(updated 2009)



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

With retirement income : 525

No retirement income : 2,605


(updated 2009)



Family Income (Annual)
(Lafayette County, Arkansas)

Less than $10,000 : 282

$10,000 to $14,999 : 92

$15,000 to $19,999 : 226

$20,000 to $24,999 : 211

$25,000 to $29,999 : 172

$30,000 to $34,999 : 99

$35,000 to $39,999 : 153

$40,000 to $44,999 : 135

$45,000 to $49,999 : 89

$50,000 to $59,999 : 213

$60,000 to $74,999 : 140

$75,000 to $99,999 : 203

$100,000 to $124,999 : 89

$125,000 to $149,999 : 20

$150,000 to $199,999 : 21

$200,000 or more : 69


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $36,838


(updated 2009)



Occupations in Lafayette County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 290  (16.7%)
  • Service Occupations: 113  (6.5%)
  • Sales And Office Occupations: 193  (11.1%)
  • Farming, Fishing, And Forestry Occupations 91  (5.2%)
  • Construction, Extraction, And Maintenance Occupations: 378  (21.7%)

Female:


  • Management, Professional, And Related Occupations: 384  (26.8%)
  • Service Occupations: 341  (23.8%)
  • Sales And Office Occupations: 454  (31.7%)
  • Farming, Fishing, And Forestry Occupations 11  (0.8%)
  • Construction, Extraction, And Maintenance Occupations: 16  (1.1%)


(updated 2010)





Employment Rate In Lafayette County, Arkansas

Employed: 2,902
Unemployed: 229



Minority Owned Firms of 100 or More in
Lafayette 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: 0.0%
  • Other: 100%



Water Usage In Lafayette County, Arkansas

Ground Water

 
Fresh 11.11 Mgal/d
Saline 0.00 Mgal/d

Total 11.11 Mgal/d
 

Surface Water

 
Fresh 1.16 Mgal/d
Saline 0.00 Mgal/d

Total 1.16 Mgal/d





There are 253 Farms In Lafayette County, Arkansas


(updated 2008)



Banks In Lafayette County, Arkansas

1st Bank, National Association. - 1 Branches


    Bank Assets: $310.5k
    Industry Specialization: Commercial Lending
    Total Offices: 8

The First National Bank Of Tom Bean - 1 Branches


    Bank Assets: $63.2k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 3

Community State Bank - 1 Branches


    Bank Assets: $21.2k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 51

Bodcaw Bank - 1 Branches


    Bank Assets: $77.3k
    Industry Specialization: Other < $1 Billion
    Total Offices: 1

Bancorpsouth Bank - 1 Branches


    Bank Assets: $12.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

(updated 2014)







Airports Near Lafayette County, Arkansas

  • Texarkana Muni/Webb Field


    (about 27.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Regional-Webb Field


    (about 27.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • El Dorado Airport


    (about 43.4 miles in Smackover, Arkansas; Airport Code: ELD)

  • Goodwin Field


    (about 43.4 miles in Smackover, Arkansas; Airport Code: ELD)

  • South Arkansas Regional at Goodwin Field


    (about 43.5 miles in Smackover, Arkansas; Airport Code: ELD)

  • Shreveport Downtown


    (about 51.7 miles in Shreveport, Louisiana; Airport Code: DTN)

  • Harrell Field


    (about 51.9 miles in Camden, Arkansas; Airport Code: CDH)

  • Barksdale AFB


    (about 53.6 miles in Bossier City, Louisiana; Airport Code: BAD)

  • Shreveport Regional


    (about 59.0 miles in Shreveport, Louisiana; Airport Code: SHV)

  • Harrison County


    (about 67.5 miles in Marshall, Texas; Airport Code: ASL)

  • Ruston Municipal


    (about 75.5 miles in Ruston, Louisiana; Airport Code: RSN)

  • Ruston Regional


    (about 77.1 miles in Ruston, Louisiana; Airport Code: RSN)

  • Mount Pleasant Municipal


    (about 82.3 miles in Mount Pleasant, Texas; Airport Code: MPS)

  • Memorial Field


    (about 87.6 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • East Texas Regional


    (about 90.7 miles in Longview, Texas; Airport Code: GGG)

  • Mena Intermountain Municipal


    (about 95.3 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 95.6 miles in Mena, Arkansas; Airport Code: XXX)


(updated 2015)



Modes of Transportation in Lafayette County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

72.52%

Carpooled

20.19%

Public Transportation:

 

Bus Or Trolley Bus

0.51%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.06%

Walked

2.03%

Other Means

0.64%

Worked At Home

4.05%



(updated 2010)





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