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Montgomery County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 255   (7.2%)
5:00 A.M. TO 5:29 A.M.   : 149   (4.2%)
5:30 A.M. TO 5:59 A.M.   : 260   (7.3%)
6:00 A.M. TO 6:29 A.M.   : 435   (12.2%)
6:30 A.M. TO 6:59 A.M.   : 448   (12.6%)
7:00 A.M. TO 7:29 A.M.   : 567   (15.9%)
7:30 A.M. TO 7:59 A.M.   : 569   (16.0%)
8:00 A.M. TO 8:29 A.M.   : 251   (7.0%)
8:30 A.M. TO 8:59 A.M.   : 78   (2.2%)
9:00 A.M. TO 9:59 A.M.   : 92   (2.6%)
10:00 A.M. TO 10:59 A.M.   : 54   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 20   (0.6%)
12:00 P.M. TO 3:59 P.M.   : 223   (6.3%)
4:00 P.M. TO 11:59 P.M.   : 162   (4.5%)


(updated 2010)



Means Of Transportation
(Montgomery County, Arkansas)

Car, truck, or van:

Drove alone : 2,689

Carpooled:

In 2-person carpool : 254

In 3-person carpool : 51

In 4-person carpool : 6

In 5- or 6-person carpool : 12

In 7-or-more-person carpool : 26

Public transportation (excluding taxicab):

Bus or trolley bus : 7

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 : 176

Other means : 25

Worked at home : 129


(updated 2009)



Travel Time To Work
(Montgomery County, Arkansas)

Less than 5 minutes : 249

5 to 9 minutes : 652

10 to 14 minutes : 368

15 to 19 minutes : 545

20 to 24 minutes : 175

25 to 29 minutes : 55

30 to 34 minutes : 429

35 to 39 minutes : 64

40 to 44 minutes : 75

45 to 59 minutes : 246

60 to 89 minutes : 263

90 or more minutes : 125


(updated 2009)



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

With Social Security income : 1,534

No Social Security income : 2,062


(updated 2009)



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

With retirement income : 739

No retirement income : 2,857


(updated 2009)



Family Income (Annual)
(Montgomery County, Arkansas)

Less than $10,000 : 200

$10,000 to $14,999 : 180

$15,000 to $19,999 : 173

$20,000 to $24,999 : 124

$25,000 to $29,999 : 220

$30,000 to $34,999 : 140

$35,000 to $39,999 : 234

$40,000 to $44,999 : 185

$45,000 to $49,999 : 141

$50,000 to $59,999 : 240

$60,000 to $74,999 : 281

$75,000 to $99,999 : 290

$100,000 to $124,999 : 102

$125,000 to $149,999 : 78

$150,000 to $199,999 : 40

$200,000 or more : 79


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $42,900


(updated 2009)



Occupations in Montgomery County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 404  (19.8%)
  • Service Occupations: 139  (6.8%)
  • Sales And Office Occupations: 213  (10.4%)
  • Farming, Fishing, And Forestry Occupations 157  (7.7%)
  • Construction, Extraction, And Maintenance Occupations: 524  (25.7%)

Female:


  • Management, Professional, And Related Occupations: 468  (27.4%)
  • Service Occupations: 464  (27.2%)
  • Sales And Office Occupations: 516  (30.2%)
  • Farming, Fishing, And Forestry Occupations 31  (1.8%)
  • Construction, Extraction, And Maintenance Occupations: 18  (1.1%)


(updated 2010)





Employment Rate In Montgomery County, Arkansas

Employed: 4,198
Unemployed: 211



Minority Owned Firms of 100 or More in
Montgomery 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%







There are 395 Farms In Montgomery County, Arkansas


(updated 2008)



Banks In Montgomery County, Arkansas

First National Bank - 2 Branches


    Bank Assets: $1.2m
    Industry Specialization: Commercial Lending
    Total Offices: 191

Diamond Bank - 1 Branches


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

(updated 2014)







Airports Near Montgomery County, Arkansas

  • Memorial Field


    (about 31.7 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Mena Intermountain Municipal


    (about 31.8 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 32.1 miles in Mena, Arkansas; Airport Code: XXX)

  • Petit Jean Park


    (about 57.6 miles in Adona, Arkansas; Airport Code: MPJ)

  • Russellville Regional


    (about 57.9 miles in Russellville, Arkansas; Airport Code: AR1)

  • Robert S Kerr


    (about 64.0 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Fort Smith Regional


    (about 67.6 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Dennis F Cantrell Field


    (about 78.0 miles in Conway, Arkansas; Airport Code: AR2)

  • Texarkana Muni/Webb Field


    (about 78.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Regional-Webb Field


    (about 78.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Adams Field


    (about 81.0 miles in Little Rock, Arkansas; Airport Code: LIT)

  • North Little Rock Municipal


    (about 81.2 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Bill and Hillary Clinton Nat Adams Field


    (about 81.5 miles in College Station, Arkansas; Airport Code: LIT)

  • Harrell Field


    (about 82.3 miles in Camden, Arkansas; Airport Code: CDH)

  • Little Rock AFB


    (about 88.5 miles in Gravel Ridge, Arkansas; Airport Code: LRF)


(updated 2015)



Modes of Transportation in Montgomery County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

72.96%

Carpooled

17.81%

Public Transportation:

 

Bus Or Trolley Bus

0.08%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.21%

Bicycle

0.0%

Walked

3.38%

Other Means

1.13%

Worked At Home

4.43%



(updated 2010)





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