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Lawrence County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 367   (5.3%)
5:00 A.M. TO 5:29 A.M.   : 256   (3.7%)
5:30 A.M. TO 5:59 A.M.   : 339   (4.9%)
6:00 A.M. TO 6:29 A.M.   : 914   (13.2%)
6:30 A.M. TO 6:59 A.M.   : 798   (11.5%)
7:00 A.M. TO 7:29 A.M.   : 1,035   (14.9%)
7:30 A.M. TO 7:59 A.M.   : 1,042   (15.0%)
8:00 A.M. TO 8:29 A.M.   : 494   (7.1%)
8:30 A.M. TO 8:59 A.M.   : 249   (3.6%)
9:00 A.M. TO 9:59 A.M.   : 220   (3.2%)
10:00 A.M. TO 10:59 A.M.   : 142   (2.0%)
11:00 A.M. TO 11:59 A.M.   : 26   (0.4%)
12:00 P.M. TO 3:59 P.M.   : 624   (9.0%)
4:00 P.M. TO 11:59 P.M.   : 424   (6.1%)


(updated 2010)



Means Of Transportation
(Lawrence County, Arkansas)

Car, truck, or van:

Drove alone : 5,062

Carpooled:

In 2-person carpool : 650

In 3-person carpool : 87

In 4-person carpool : 38

In 5- or 6-person carpool : 5

In 7-or-more-person carpool : 4

Public transportation (excluding taxicab):

Bus or trolley bus : 0

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

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 0

Motorcycle : 12

Bicycle : 30

Walked : 125

Other means : 63

Worked at home : 376


(updated 2009)



Travel Time To Work
(Lawrence County, Arkansas)

Less than 5 minutes : 684

5 to 9 minutes : 970

10 to 14 minutes : 704

15 to 19 minutes : 639

20 to 24 minutes : 545

25 to 29 minutes : 205

30 to 34 minutes : 732

35 to 39 minutes : 246

40 to 44 minutes : 265

45 to 59 minutes : 697

60 to 89 minutes : 185

90 or more minutes : 204


(updated 2009)



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

With Social Security income : 3,087

No Social Security income : 3,982


(updated 2009)



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

With retirement income : 1,090

No retirement income : 5,979


(updated 2009)



Family Income (Annual)
(Lawrence County, Arkansas)

Less than $10,000 : 501

$10,000 to $14,999 : 335

$15,000 to $19,999 : 337

$20,000 to $24,999 : 412

$25,000 to $29,999 : 273

$30,000 to $34,999 : 272

$35,000 to $39,999 : 427

$40,000 to $44,999 : 360

$45,000 to $49,999 : 282

$50,000 to $59,999 : 539

$60,000 to $74,999 : 494

$75,000 to $99,999 : 260

$100,000 to $124,999 : 196

$125,000 to $149,999 : 65

$150,000 to $199,999 : 65

$200,000 or more : 13


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $38,283


(updated 2009)



Occupations in Lawrence County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 776  (19.2%)
  • Service Occupations: 305  (7.5%)
  • Sales And Office Occupations: 551  (13.6%)
  • Farming, Fishing, And Forestry Occupations 206  (5.1%)
  • Construction, Extraction, And Maintenance Occupations: 790  (19.5%)

Female:


  • Management, Professional, And Related Occupations: 802  (25.0%)
  • Service Occupations: 666  (20.8%)
  • Sales And Office Occupations: 1,029  (32.1%)
  • Farming, Fishing, And Forestry Occupations 24  (0.7%)
  • Construction, Extraction, And Maintenance Occupations: 19  (0.6%)


(updated 2010)





Amtrak Stations in Lawrence County, Arkansas

Rail Station(s)


    NW Front St. and West Main St.
    Walnut Ridge, Arkansas 72476

    NW Front St. and West Main St.
    Walnut Ridge, Arkansas 72476

(updated 2008)



Employment Rate In Lawrence County, Arkansas

Employed: 6,993
Unemployed: 521



Minority Owned Firms of 100 or More in
Lawrence 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 Lawrence County, Arkansas

Ground Water

 
Fresh 296.58 Mgal/d
Saline 0.00 Mgal/d

Total 296.58 Mgal/d
 

Surface Water

 
Fresh 28.83 Mgal/d
Saline 0.00 Mgal/d

Total 28.83 Mgal/d





There are 1,013 Farms In Lawrence County, Arkansas


(updated 2008)



Banks In Lawrence County, Arkansas

Iberiabank - 3 Branches


    Bank Assets: $45.7m
    Industry Specialization: Commercial Lending
    Total Offices: 183

The First National Bank Of Lawrence County At Walnut Ridge - 2 Branches


    Bank Assets: $389.7k
    Industry Specialization: Agricultural
    Total Offices: 4

Bank Of Cave City - 2 Branches


    Bank Assets: $197.6k
    Industry Specialization: Agricultural
    Total Offices: 4

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

The Citizens Bank - 1 Branches


    Bank Assets: $537.9k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 45

(updated 2014)







Airports Near Lawrence County, Arkansas

  • Walnut Ridge Regional


    (about 8.9 miles in Walnut Ridge, Arkansas; Airport Code: ARG)

  • Jonesboro Municipal


    (about 28.9 miles in Jonesboro, Arkansas; Airport Code: JBR)

  • Kirk Field


    (about 31.4 miles in Paragould, Arkansas; Airport Code: PGR)

  • Batesville Regional


    (about 40.1 miles in Desha, Arkansas; Airport Code: BVX)

  • Kennett Memorial


    (about 58.7 miles in Kennett, Missouri; Airport Code: KNT)

  • Hayes Field


    (about 61.1 miles in Broseley, Missouri; Airport Code: POF)

  • Arkansas International


    (about 63.3 miles in Blytheville, Arkansas; Airport Code: BYH)

  • Blytheville AFB


    (about 63.3 miles in Blytheville, Arkansas; Airport Code: BYH)

  • Searcy Municipal


    (about 69.6 miles in Searcy, Arkansas; Airport Code: SRC)

  • Blytheville Municipal


    (about 69.9 miles in Blytheville, Arkansas; Airport Code: HKA)

  • Malden Regional


    (about 70.2 miles in Malden, Missouri; Airport Code: MAW)

  • Malden Municipal


    (about 70.3 miles in Malden, Missouri; Airport Code: MAW)

  • West Memphis Municipal


    (about 79.9 miles in West Memphis, Arkansas; Airport Code: AWM)

  • Mountain Home Municipal


    (about 80.6 miles in Midway, Arkansas; Airport Code: WMH)

  • Baxter County


    (about 80.7 miles in Midway, Arkansas; Airport Code: WMH)

  • Ozark Regional


    (about 80.7 miles in Midway, Arkansas; Airport Code: WMH)

  • Millington Regional Jetport


    (about 83.5 miles in Millington, Tennessee; Airport Code: NQA)

  • Covington Municipal


    (about 89.7 miles in Covington, Tennessee; Airport Code: RQG)

  • Dyersburg Regional


    (about 93.2 miles in Dyersburg, Tennessee; Airport Code: TN6)

  • Memphis International


    (about 93.5 miles in Memphis, Tennessee; Airport Code: MEM)


(updated 2015)



Modes of Transportation in Lawrence County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

79.49%

Carpooled

12.69%

Public Transportation:

 

Bus Or Trolley Bus

0.06%

Streetcar Or Trolley Car

0.07%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.14%

Motorcycle

0.0%

Bicycle

0.0%

Walked

3.21%

Other Means

1.41%

Worked At Home

2.93%



(updated 2010)





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