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Pike County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 321   (6.9%)
5:00 A.M. TO 5:29 A.M.   : 247   (5.3%)
5:30 A.M. TO 5:59 A.M.   : 366   (7.9%)
6:00 A.M. TO 6:29 A.M.   : 598   (12.8%)
6:30 A.M. TO 6:59 A.M.   : 557   (12.0%)
7:00 A.M. TO 7:29 A.M.   : 648   (13.9%)
7:30 A.M. TO 7:59 A.M.   : 665   (14.3%)
8:00 A.M. TO 8:29 A.M.   : 370   (7.9%)
8:30 A.M. TO 8:59 A.M.   : 94   (2.0%)
9:00 A.M. TO 9:59 A.M.   : 100   (2.1%)
10:00 A.M. TO 10:59 A.M.   : 69   (1.5%)
11:00 A.M. TO 11:59 A.M.   : 47   (1.0%)
12:00 P.M. TO 3:59 P.M.   : 374   (8.0%)
4:00 P.M. TO 11:59 P.M.   : 202   (4.3%)


(updated 2010)



Means Of Transportation
(Pike County, Arkansas)

Car, truck, or van:

Drove alone : 3,604

Carpooled:

In 2-person carpool : 331

In 3-person carpool : 168

In 4-person carpool : 26

In 5- or 6-person carpool : 12

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 : 27

Taxicab : 0

Motorcycle : 8

Bicycle : 0

Walked : 64

Other means : 70

Worked at home : 99


(updated 2009)



Travel Time To Work
(Pike County, Arkansas)

Less than 5 minutes : 207

5 to 9 minutes : 815

10 to 14 minutes : 578

15 to 19 minutes : 368

20 to 24 minutes : 369

25 to 29 minutes : 169

30 to 34 minutes : 569

35 to 39 minutes : 73

40 to 44 minutes : 144

45 to 59 minutes : 444

60 to 89 minutes : 416

90 or more minutes : 158


(updated 2009)



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

With Social Security income : 1,760

No Social Security income : 2,585


(updated 2009)



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

With retirement income : 877

No retirement income : 3,468


(updated 2009)



Family Income (Annual)
(Pike County, Arkansas)

Less than $10,000 : 170

$10,000 to $14,999 : 146

$15,000 to $19,999 : 379

$20,000 to $24,999 : 182

$25,000 to $29,999 : 278

$30,000 to $34,999 : 177

$35,000 to $39,999 : 206

$40,000 to $44,999 : 194

$45,000 to $49,999 : 186

$50,000 to $59,999 : 438

$60,000 to $74,999 : 208

$75,000 to $99,999 : 276

$100,000 to $124,999 : 170

$125,000 to $149,999 : 38

$150,000 to $199,999 : 42

$200,000 or more : 47


(updated 2009)



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

Median family income in the past 12 months (in 2009 inflation-adjusted dollars) : $40,675


(updated 2009)



Occupations in Pike County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 450  (16.5%)
  • Service Occupations: 208  (7.6%)
  • Sales And Office Occupations: 349  (12.8%)
  • Farming, Fishing, And Forestry Occupations 214  (7.9%)
  • Construction, Extraction, And Maintenance Occupations: 571  (20.9%)

Female:


  • Management, Professional, And Related Occupations: 604  (27.5%)
  • Service Occupations: 438  (19.9%)
  • Sales And Office Occupations: 674  (30.7%)
  • Farming, Fishing, And Forestry Occupations 45  (2.0%)
  • Construction, Extraction, And Maintenance Occupations: 33  (1.5%)


(updated 2010)





Employment Rate In Pike County, Arkansas

Employed: 5,064
Unemployed: 280



Minority Owned Firms of 100 or More in
Pike 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: 24.3%
  • Other: 75.7%



Water Usage In Pike County, Arkansas

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 1.68 Mgal/d
Saline 0.00 Mgal/d

Total 1.68 Mgal/d





There are 410 Farms In Pike County, Arkansas


(updated 2008)



Banks In Pike County, Arkansas

First National Bank - 3 Branches


    Bank Assets: $1.8m
    Industry Specialization: Commercial Lending
    Total Offices: 191

Diamond Bank - 2 Branches


    Bank Assets: $905.8k
    Industry Specialization: Agricultural
    Total Offices: 12

First State Bank Of Dequeen - 1 Branches


    Bank Assets: $201.8k
    Industry Specialization: Agricultural
    Total Offices: 6

Bank Of Delight - 1 Branches


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

(updated 2014)







Airports Near Pike County, Arkansas

  • Memorial Field


    (about 38.2 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Mena Intermountain Municipal


    (about 40.2 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 40.6 miles in Mena, Arkansas; Airport Code: XXX)

  • Texarkana Muni/Webb Field


    (about 53.3 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Regional-Webb Field


    (about 53.3 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Harrell Field


    (about 64.2 miles in Camden, Arkansas; Airport Code: CDH)

  • Petit Jean Park


    (about 78.7 miles in Adona, Arkansas; Airport Code: MPJ)

  • Robert S Kerr


    (about 80.1 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Russellville Regional


    (about 81.6 miles in Russellville, Arkansas; Airport Code: AR1)

  • El Dorado Airport


    (about 81.9 miles in Smackover, Arkansas; Airport Code: ELD)

  • Goodwin Field


    (about 81.9 miles in Smackover, Arkansas; Airport Code: ELD)

  • South Arkansas Regional at Goodwin Field


    (about 82.0 miles in Smackover, Arkansas; Airport Code: ELD)

  • Adams Field


    (about 89.6 miles in Little Rock, Arkansas; Airport Code: LIT)

  • Fort Smith Regional


    (about 89.7 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Bill and Hillary Clinton Nat Adams Field


    (about 90.1 miles in College Station, Arkansas; Airport Code: LIT)

  • North Little Rock Municipal


    (about 91.8 miles in North Little Rock, Arkansas; Airport Code: JZV)

  • Dennis F Cantrell Field


    (about 93.8 miles in Conway, Arkansas; Airport Code: AR2)

  • Grider Field


    (about 98.4 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Little Rock AFB


    (about 100.0 miles in Gravel Ridge, Arkansas; Airport Code: LRF)


(updated 2015)



Modes of Transportation in Pike County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

76.24%

Carpooled

14.90%

Public Transportation:

 

Bus Or Trolley Bus

0.54%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.08%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.02%

Walked

2.79%

Other Means

1.82%

Worked At Home

3.60%



(updated 2010)





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