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Monroe County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 168   (4.6%)
5:00 A.M. TO 5:29 A.M.   : 128   (3.5%)
5:30 A.M. TO 5:59 A.M.   : 251   (6.9%)
6:00 A.M. TO 6:29 A.M.   : 537   (14.8%)
6:30 A.M. TO 6:59 A.M.   : 535   (14.7%)
7:00 A.M. TO 7:29 A.M.   : 502   (13.8%)
7:30 A.M. TO 7:59 A.M.   : 702   (19.3%)
8:00 A.M. TO 8:29 A.M.   : 226   (6.2%)
8:30 A.M. TO 8:59 A.M.   : 58   (1.6%)
9:00 A.M. TO 9:59 A.M.   : 147   (4.1%)
10:00 A.M. TO 10:59 A.M.   : 46   (1.3%)
11:00 A.M. TO 11:59 A.M.   : 11   (0.3%)
12:00 P.M. TO 3:59 P.M.   : 124   (3.4%)
4:00 P.M. TO 11:59 P.M.   : 193   (5.3%)


(updated 2010)



Means Of Transportation
(Monroe County, Arkansas)

Car, truck, or van:

Drove alone : 2,540

Carpooled:

In 2-person carpool : 326

In 3-person carpool : 197

In 4-person carpool : 72

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 32

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 : 3

Bicycle : 76

Walked : 88

Other means : 0

Worked at home : 31


(updated 2009)



Travel Time To Work
(Monroe County, Arkansas)

Less than 5 minutes : 544

5 to 9 minutes : 784

10 to 14 minutes : 500

15 to 19 minutes : 209

20 to 24 minutes : 185

25 to 29 minutes : 110

30 to 34 minutes : 360

35 to 39 minutes : 64

40 to 44 minutes : 170

45 to 59 minutes : 264

60 to 89 minutes : 104

90 or more minutes : 40


(updated 2009)



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

With Social Security income : 1,420

No Social Security income : 2,319


(updated 2009)



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

With retirement income : 579

No retirement income : 3,160


(updated 2009)



Family Income (Annual)
(Monroe County, Arkansas)

Less than $10,000 : 212

$10,000 to $14,999 : 131

$15,000 to $19,999 : 163

$20,000 to $24,999 : 255

$25,000 to $29,999 : 181

$30,000 to $34,999 : 324

$35,000 to $39,999 : 284

$40,000 to $44,999 : 81

$45,000 to $49,999 : 97

$50,000 to $59,999 : 190

$60,000 to $74,999 : 140

$75,000 to $99,999 : 275

$100,000 to $124,999 : 60

$125,000 to $149,999 : 29

$150,000 to $199,999 : 35

$200,000 or more : 22


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $34,490


(updated 2009)



Occupations in Monroe County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 382  (19.8%)
  • Service Occupations: 163  (8.4%)
  • Sales And Office Occupations: 239  (12.4%)
  • Farming, Fishing, And Forestry Occupations 234  (12.1%)
  • Construction, Extraction, And Maintenance Occupations: 294  (15.2%)

Female:


  • Management, Professional, And Related Occupations: 467  (25.1%)
  • Service Occupations: 485  (26.1%)
  • Sales And Office Occupations: 551  (29.6%)
  • Farming, Fishing, And Forestry Occupations 6  (0.3%)
  • Construction, Extraction, And Maintenance Occupations: 14  (0.8%)


(updated 2010)





Employment Rate In Monroe County, Arkansas

Employed: 3,493
Unemployed: 289



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

Ground Water

 
Fresh 235.51 Mgal/d
Saline 0.00 Mgal/d

Total 235.51 Mgal/d
 

Surface Water

 
Fresh 20.00 Mgal/d
Saline 0.00 Mgal/d

Total 20.00 Mgal/d





There are 234 Farms In Monroe County, Arkansas


(updated 2008)



Banks In Monroe County, Arkansas

Signature Bank Of Arkansas - 2 Branches


    Bank Assets: $985.5k
    Industry Specialization: Commercial Lending
    Total Offices: 5

The Merchants & Planters Bank - 1 Branches


    Bank Assets: $49.1k
    Industry Specialization: Agricultural
    Total Offices: 1

First National Bank Of Eastern Arkansas - 1 Branches


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

Bancorpsouth Bank - 1 Branches


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

Cross County Bank - 1 Branches


    Bank Assets: $203.5k
    Industry Specialization: Agricultural
    Total Offices: 6

(updated 2014)







Airports Near Monroe County, Arkansas

  • Stuttgart Municipal


    (about 22.8 miles in Ulm, Arkansas; Airport Code: SGT)

  • Searcy Municipal


    (about 45.1 miles in Searcy, Arkansas; Airport Code: SRC)

  • Tunica Municipal


    (about 49.1 miles in Tunica, Mississippi; Airport Code: UTM)

  • Fletcher Field


    (about 49.6 miles in Lyon, Mississippi; Airport Code: CKM)

  • Little Rock AFB


    (about 54.7 miles in Gravel Ridge, Arkansas; Airport Code: LRF)

  • Grider Field


    (about 56.6 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Bill and Hillary Clinton Nat Adams Field


    (about 57.7 miles in College Station, Arkansas; Airport Code: LIT)

  • Adams Field


    (about 58.3 miles in Little Rock, Arkansas; Airport Code: LIT)

  • North Little Rock Municipal


    (about 59.8 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • West Memphis Municipal


    (about 61.7 miles in West Memphis, Arkansas; Airport Code: AWM)

  • Batesville Regional


    (about 73.0 miles in Desha, Arkansas; Airport Code: BVX)

  • Memphis International


    (about 73.0 miles in Memphis, Tennessee; Airport Code: MEM)

  • Dennis F Cantrell Field


    (about 73.0 miles in Conway, Arkansas; Airport Code: AR2)

  • Jonesboro Municipal


    (about 82.3 miles in Jonesboro, Arkansas; Airport Code: JBR)

  • Olive Branch Airport


    (about 82.3 miles in Hickory Hill, Tennessee; Airport Code: OLV)

  • Millington Regional Jetport


    (about 87.1 miles in Millington, Tennessee; Airport Code: NQA)

  • Greenville Municipal


    (about 87.2 miles in Metcalfe, Mississippi; Airport Code: GLH)

  • Greenville Mid Delta


    (about 87.3 miles in Metcalfe, Mississippi; Airport Code: GLH)

  • Mid Delta Regional


    (about 87.3 miles in Metcalfe, Mississippi; Airport Code: GLH)

  • Walnut Ridge Regional


    (about 97.5 miles in Walnut Ridge, Arkansas; Airport Code: ARG)


(updated 2015)



Modes of Transportation in Monroe County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

77.33%

Carpooled

14.07%

Public Transportation:

 

Bus Or Trolley Bus

0.16%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.08%

Motorcycle

0.13%

Bicycle

0.40%

Walked

3.59%

Other Means

1.47%

Worked At Home

2.76%



(updated 2010)





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