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Polk County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 441   (5.5%)
5:00 A.M. TO 5:29 A.M.   : 367   (4.6%)
5:30 A.M. TO 5:59 A.M.   : 404   (5.0%)
6:00 A.M. TO 6:29 A.M.   : 742   (9.3%)
6:30 A.M. TO 6:59 A.M.   : 793   (9.9%)
7:00 A.M. TO 7:29 A.M.   : 1,110   (13.9%)
7:30 A.M. TO 7:59 A.M.   : 1,575   (19.7%)
8:00 A.M. TO 8:29 A.M.   : 720   (9.0%)
8:30 A.M. TO 8:59 A.M.   : 302   (3.8%)
9:00 A.M. TO 9:59 A.M.   : 337   (4.2%)
10:00 A.M. TO 10:59 A.M.   : 88   (1.1%)
11:00 A.M. TO 11:59 A.M.   : 96   (1.2%)
12:00 P.M. TO 3:59 P.M.   : 487   (6.1%)
4:00 P.M. TO 11:59 P.M.   : 546   (6.8%)


(updated 2010)



Household Size By Vehicles Available
(Polk County, Arkansas)

1-person household:

No vehicle available : 304

1 vehicle available : 1,391

2 vehicles available : 365

3 vehicles available : 190

4 or more vehicles available : 25

2-person household:

No vehicle available : 51

1 vehicle available : 730

2 vehicles available : 1,346

3 vehicles available : 570

4 or more vehicles available : 224

3-person household:

No vehicle available : 5

1 vehicle available : 197

2 vehicles available : 436

3 vehicles available : 375

4 or more vehicles available : 105

4-or-more-person household:

No vehicle available : 22

1 vehicle available : 350

2 vehicles available : 690

3 vehicles available : 431

4 or more vehicles available : 158


(updated 2013)



Household Size By Number Of Workers In Household
(Polk County, Arkansas)

1-person household:

No workers : 1,481

1 worker : 794

2-person household:

No workers : 1,056

1 worker : 1,229

2 workers : 636

3-person household:

No workers : 242

1 worker : 371

2 workers : 358

3 workers : 147

4-or-more-person household:

No workers : 231

1 worker : 607

2 workers : 699

3 or more workers : 114


(updated 2013)



Travel Time To Work
(Polk County, Arkansas)

Less than 5 minutes : 263

5 to 9 minutes : 1,846

10 to 14 minutes : 1,507

15 to 19 minutes : 1,090

20 to 24 minutes : 644

25 to 29 minutes : 228

30 to 34 minutes : 957

35 to 39 minutes : 89

40 to 44 minutes : 102

45 to 59 minutes : 183

60 to 89 minutes : 254

90 or more minutes : 277


(updated 2013)



Occupations in Polk County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 946  (20.6%)
  • Service Occupations: 342  (7.4%)
  • Sales And Office Occupations: 619  (13.5%)
  • Farming, Fishing, And Forestry Occupations 271  (5.9%)
  • Construction, Extraction, And Maintenance Occupations: 980  (21.3%)

Female:


  • Management, Professional, And Related Occupations: 1,170  (30.9%)
  • Service Occupations: 667  (17.6%)
  • Sales And Office Occupations: 1,279  (33.8%)
  • Farming, Fishing, And Forestry Occupations 47  (1.2%)
  • Construction, Extraction, And Maintenance Occupations: 28  (0.7%)


(updated 2010)





Employment Rate In Polk County, Arkansas

Employed: 8,421
Unemployed: 432



Minority Owned Firms of 100 or More in
Polk 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: 18.3%
  • Other: 81.7%



Water Usage In Polk County, Arkansas

Ground Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d
 

Surface Water

 
Fresh 1.96 Mgal/d
Saline 0.00 Mgal/d

Total 1.96 Mgal/d





There are 933 Farms In Polk County, Arkansas


(updated 2008)



Banks In Polk County, Arkansas

First National Bank - 4 Branches


    Bank Assets: $2.4m
    Industry Specialization: Commercial Lending
    Total Offices: 191

The Union Bank Of Mena - 3 Branches


    Bank Assets: $591.3k
    Industry Specialization: Consumer Lending
    Total Offices: 3

Chambers Bank - 1 Branches


    Bank Assets: $767.5k
    Industry Specialization: Commercial Lending
    Total Offices: 19

Diamond Bank - 1 Branches


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

Arvest Bank - 1 Branches


    Bank Assets: $14.7m
    Industry Specialization: Commercial Lending
    Total Offices: 274

(updated 2014)







Airports Near Polk County, Arkansas

  • Mena Intermountain Municipal


    (about 5.0 miles in Mena, Arkansas; Airport Code: XXX)

  • Intermountain Regional


    (about 5.1 miles in Mena, Arkansas; Airport Code: XXX)

  • Robert S Kerr


    (about 42.5 miles in Poteau, Oklahoma; Airport Code: RKR)

  • Fort Smith Regional


    (about 59.2 miles in Fort Smith, Arkansas; Airport Code: FSM)

  • Memorial Field


    (about 65.9 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Texarkana Regional-Webb Field


    (about 72.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Muni/Webb Field


    (about 72.7 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Antlers Municipal


    (about 82.2 miles in Antlers, Oklahoma; Airport Code: ATE)

  • Russellville Regional


    (about 85.0 miles in Russellville, Arkansas; Airport Code: AR1)

  • Petit Jean Park


    (about 88.5 miles in Adona, Arkansas; Airport Code: MPJ)

  • Cox Field


    (about 90.2 miles in Paris, Texas; Airport Code: PRX)

  • McAlester Regional


    (about 91.2 miles in Mcalester, Oklahoma; Airport Code: MLC)


(updated 2015)



Modes of Transportation in Polk County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

78.07%

Carpooled

13.36%

Public Transportation:

 

Bus Or Trolley Bus

0.25%

Streetcar Or Trolley Car

0.0%

Subway Or Elevated

0.07%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.0%

Motorcycle

0.0%

Bicycle

0.05%

Walked

3.31%

Other Means

1.19%

Worked At Home

3.70%



(updated 2010)





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