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Lee County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 131   (3.8%)
5:00 A.M. TO 5:29 A.M.   : 99   (2.9%)
5:30 A.M. TO 5:59 A.M.   : 136   (3.9%)
6:00 A.M. TO 6:29 A.M.   : 489   (14.1%)
6:30 A.M. TO 6:59 A.M.   : 380   (11.0%)
7:00 A.M. TO 7:29 A.M.   : 701   (20.3%)
7:30 A.M. TO 7:59 A.M.   : 623   (18.0%)
8:00 A.M. TO 8:29 A.M.   : 273   (7.9%)
8:30 A.M. TO 8:59 A.M.   : 106   (3.1%)
9:00 A.M. TO 9:59 A.M.   : 104   (3.0%)
10:00 A.M. TO 10:59 A.M.   : 40   (1.2%)
11:00 A.M. TO 11:59 A.M.   : 11   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 132   (3.8%)
4:00 P.M. TO 11:59 P.M.   : 234   (6.8%)


(updated 2010)



Means Of Transportation
(Lee County, Arkansas)

Car, truck, or van:

Drove alone : 3,017

Carpooled:

In 2-person carpool : 220

In 3-person carpool : 15

In 4-person carpool : 17

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 40

Public transportation (excluding taxicab):

Bus or trolley bus : 27

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 : 91

Other means : 16

Worked at home : 113


(updated 2009)



Travel Time To Work
(Lee County, Arkansas)

Less than 5 minutes : 418

5 to 9 minutes : 663

10 to 14 minutes : 382

15 to 19 minutes : 436

20 to 24 minutes : 589

25 to 29 minutes : 244

30 to 34 minutes : 446

35 to 39 minutes : 20

40 to 44 minutes : 44

45 to 59 minutes : 142

60 to 89 minutes : 37

90 or more minutes : 22


(updated 2009)



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

With Social Security income : 1,595

No Social Security income : 2,609


(updated 2009)



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

With retirement income : 467

No retirement income : 3,737


(updated 2009)



Family Income (Annual)
(Lee County, Arkansas)

Less than $10,000 : 521

$10,000 to $14,999 : 133

$15,000 to $19,999 : 235

$20,000 to $24,999 : 216

$25,000 to $29,999 : 79

$30,000 to $34,999 : 299

$35,000 to $39,999 : 129

$40,000 to $44,999 : 109

$45,000 to $49,999 : 159

$50,000 to $59,999 : 286

$60,000 to $74,999 : 196

$75,000 to $99,999 : 181

$100,000 to $124,999 : 115

$125,000 to $149,999 : 28

$150,000 to $199,999 : 11

$200,000 or more : 0


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $32,509


(updated 2009)



Occupations in Lee County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 402  (20.8%)
  • Service Occupations: 290  (15.0%)
  • Sales And Office Occupations: 271  (14.0%)
  • Farming, Fishing, And Forestry Occupations 143  (7.4%)
  • Construction, Extraction, And Maintenance Occupations: 241  (12.4%)

Female:


  • Management, Professional, And Related Occupations: 452  (27.4%)
  • Service Occupations: 488  (29.6%)
  • Sales And Office Occupations: 484  (29.4%)
  • Farming, Fishing, And Forestry Occupations 1  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 12  (0.7%)


(updated 2010)





Employment Rate In Lee County, Arkansas

Employed: 3,114
Unemployed: 342



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

Ground Water

 
Fresh 235.36 Mgal/d
Saline 0.00 Mgal/d

Total 235.36 Mgal/d
 

Surface Water

 
Fresh 6.50 Mgal/d
Saline 0.00 Mgal/d

Total 6.50 Mgal/d





There are 205 Farms In Lee County, Arkansas


(updated 2008)



Banks In Lee County, Arkansas

First National Bank Of Eastern Arkansas - 1 Branches


    Bank Assets: $371.5k
    Industry Specialization: Agricultural
    Total Offices: 14

The Farmers & Merchants Bank - 1 Branches


    Bank Assets: $658k
    Industry Specialization: Agricultural
    Total Offices: 19

(updated 2014)







Airports Near Lee County, Arkansas

  • Tunica Municipal


    (about 24.7 miles in Tunica, Mississippi; Airport Code: UTM)

  • Fletcher Field


    (about 36.2 miles in Lyon, Mississippi; Airport Code: CKM)

  • West Memphis Municipal


    (about 38.7 miles in West Memphis, Arkansas; Airport Code: AWM)

  • Stuttgart Municipal


    (about 47.7 miles in Ulm, Arkansas; Airport Code: SGT)

  • Memphis International


    (about 48.2 miles in Memphis, Tennessee; Airport Code: MEM)

  • Olive Branch Airport


    (about 57.1 miles in Hickory Hill, Tennessee; Airport Code: OLV)

  • Searcy Municipal


    (about 63.0 miles in Searcy, Arkansas; Airport Code: SRC)

  • Millington Regional Jetport


    (about 64.3 miles in Millington, Tennessee; Airport Code: NQA)

  • Jonesboro Municipal


    (about 73.0 miles in Jonesboro, Arkansas; Airport Code: JBR)

  • University-Oxford


    (about 75.1 miles in University, Mississippi; Airport Code: UOX)

  • Grider Field


    (about 78.7 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Little Rock AFB


    (about 78.9 miles in Gravel Ridge, Arkansas; Airport Code: LRF)

  • Batesville Regional


    (about 82.2 miles in Desha, Arkansas; Airport Code: BVX)

  • Bill and Hillary Clinton Nat Adams Field


    (about 83.0 miles in College Station, Arkansas; Airport Code: LIT)

  • Adams Field


    (about 83.5 miles in Little Rock, Arkansas; Airport Code: LIT)

  • North Little Rock Municipal


    (about 84.6 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Grenada Municipal


    (about 85.6 miles in Grenada, Mississippi; Airport Code: MS1)

  • Covington Municipal


    (about 86.6 miles in Covington, Tennessee; Airport Code: RQG)

  • Kirk Field


    (about 89.8 miles in Paragould, Arkansas; Airport Code: PGR)

  • Greenville Municipal


    (about 90.4 miles in Metcalfe, Mississippi; Airport Code: GLH)


(updated 2015)



Modes of Transportation in Lee County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

74.65%

Carpooled

19.07%

Public Transportation:

 

Bus Or Trolley Bus

0.09%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.37%

Walked

1.88%

Other Means

2.24%

Worked At Home

1.71%



(updated 2010)





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