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Nevada County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 231   (5.6%)
5:00 A.M. TO 5:29 A.M.   : 269   (6.6%)
5:30 A.M. TO 5:59 A.M.   : 192   (4.7%)
6:00 A.M. TO 6:29 A.M.   : 385   (9.4%)
6:30 A.M. TO 6:59 A.M.   : 544   (13.2%)
7:00 A.M. TO 7:29 A.M.   : 594   (14.5%)
7:30 A.M. TO 7:59 A.M.   : 829   (20.2%)
8:00 A.M. TO 8:29 A.M.   : 220   (5.4%)
8:30 A.M. TO 8:59 A.M.   : 68   (1.7%)
9:00 A.M. TO 9:59 A.M.   : 59   (1.4%)
10:00 A.M. TO 10:59 A.M.   : 37   (0.9%)
11:00 A.M. TO 11:59 A.M.   : 17   (0.4%)
12:00 P.M. TO 3:59 P.M.   : 364   (8.9%)
4:00 P.M. TO 11:59 P.M.   : 297   (7.2%)


(updated 2010)



Means Of Transportation
(Nevada County, Arkansas)

Car, truck, or van:

Drove alone : 3,489

Carpooled:

In 2-person carpool : 215

In 3-person carpool : 0

In 4-person carpool : 15

In 5- or 6-person carpool : 0

In 7-or-more-person carpool : 0

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 : 0

Bicycle : 0

Walked : 89

Other means : 268

Worked at home : 52


(updated 2009)



Travel Time To Work
(Nevada County, Arkansas)

Less than 5 minutes : 483

5 to 9 minutes : 941

10 to 14 minutes : 412

15 to 19 minutes : 266

20 to 24 minutes : 355

25 to 29 minutes : 168

30 to 34 minutes : 689

35 to 39 minutes : 197

40 to 44 minutes : 67

45 to 59 minutes : 304

60 to 89 minutes : 113

90 or more minutes : 81


(updated 2009)



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

With Social Security income : 1,503

No Social Security income : 3,092


(updated 2009)



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

With retirement income : 835

No retirement income : 3,760


(updated 2009)



Family Income (Annual)
(Nevada County, Arkansas)

Less than $10,000 : 374

$10,000 to $14,999 : 165

$15,000 to $19,999 : 164

$20,000 to $24,999 : 139

$25,000 to $29,999 : 160

$30,000 to $34,999 : 235

$35,000 to $39,999 : 124

$40,000 to $44,999 : 140

$45,000 to $49,999 : 281

$50,000 to $59,999 : 479

$60,000 to $74,999 : 328

$75,000 to $99,999 : 226

$100,000 to $124,999 : 116

$125,000 to $149,999 : 68

$150,000 to $199,999 : 32

$200,000 or more : 36


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $45,557


(updated 2009)



Occupations in Nevada County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 370  (16.2%)
  • Service Occupations: 184  (8.0%)
  • Sales And Office Occupations: 271  (11.8%)
  • Farming, Fishing, And Forestry Occupations 135  (5.9%)
  • Construction, Extraction, And Maintenance Occupations: 509  (22.2%)

Female:


  • Management, Professional, And Related Occupations: 570  (28.5%)
  • Service Occupations: 415  (20.8%)
  • Sales And Office Occupations: 613  (30.7%)
  • Farming, Fishing, And Forestry Occupations 10  (0.5%)
  • Construction, Extraction, And Maintenance Occupations: 24  (1.2%)


(updated 2010)





Employment Rate In Nevada County, Arkansas

Employed: 4,168
Unemployed: 252



Minority Owned Firms of 100 or More in
Nevada 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 375 Farms In Nevada County, Arkansas


(updated 2008)



Banks In Nevada County, Arkansas

Bank Of Delight - 1 Branches


    Bank Assets: $80.7k
    Industry Specialization: Commercial Lending
    Total Offices: 2

Bank Of Prescott - 1 Branches


    Bank Assets: $79.1k
    Industry Specialization: All Other < $1 Billion
    Total Offices: 1

(updated 2014)







Airports Near Nevada County, Arkansas

  • Harrell Field


    (about 32.8 miles in Camden, Arkansas; Airport Code: CDH)

  • Texarkana Muni/Webb Field


    (about 41.4 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Regional-Webb Field


    (about 41.4 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Goodwin Field


    (about 43.8 miles in Smackover, Arkansas; Airport Code: ELD)

  • El Dorado Airport


    (about 43.8 miles in Smackover, Arkansas; Airport Code: ELD)

  • South Arkansas Regional at Goodwin Field


    (about 43.9 miles in Smackover, Arkansas; Airport Code: ELD)

  • Memorial Field


    (about 56.1 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Mena Intermountain Municipal


    (about 77.5 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 77.8 miles in Mena, Arkansas; Airport Code: XXX)

  • Shreveport Downtown


    (about 83.0 miles in Shreveport, Louisiana; Airport Code: DTN)

  • Barksdale AFB


    (about 84.3 miles in Bossier City, Louisiana; Airport Code: BAD)

  • Grider Field


    (about 86.6 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Shreveport Regional


    (about 90.6 miles in Shreveport, Louisiana; Airport Code: SHV)

  • Ruston Municipal


    (about 90.9 miles in Ruston, Louisiana; Airport Code: RSN)

  • Ruston Regional


    (about 91.7 miles in Ruston, Louisiana; Airport Code: RSN)

  • Adams Field


    (about 95.2 miles in Little Rock, Arkansas; Airport Code: LIT)

  • Bill and Hillary Clinton Nat Adams Field


    (about 95.6 miles in College Station, Arkansas; Airport Code: LIT)

  • Harrison County


    (about 98.6 miles in Marshall, Texas; Airport Code: ASL)


(updated 2015)



Modes of Transportation in Nevada County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

79.47%

Carpooled

15.43%

Public Transportation:

 

Bus Or Trolley Bus

0.38%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.10%

Walked

1.01%

Other Means

1.87%

Worked At Home

1.75%



(updated 2010)





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