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Union County, Arkansas Economic Analysis


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Economic Analysis

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

12:00 A.M. TO 4:59 A.M.   : 753   (4.2%)
5:00 A.M. TO 5:29 A.M.   : 481   (2.7%)
5:30 A.M. TO 5:59 A.M.   : 871   (4.8%)
6:00 A.M. TO 6:29 A.M.   : 1,467   (8.2%)
6:30 A.M. TO 6:59 A.M.   : 2,190   (12.2%)
7:00 A.M. TO 7:29 A.M.   : 2,578   (14.3%)
7:30 A.M. TO 7:59 A.M.   : 4,167   (23.2%)
8:00 A.M. TO 8:29 A.M.   : 1,377   (7.7%)
8:30 A.M. TO 8:59 A.M.   : 566   (3.1%)
9:00 A.M. TO 9:59 A.M.   : 829   (4.6%)
10:00 A.M. TO 10:59 A.M.   : 296   (1.6%)
11:00 A.M. TO 11:59 A.M.   : 89   (0.5%)
12:00 P.M. TO 3:59 P.M.   : 1,117   (6.2%)
4:00 P.M. TO 11:59 P.M.   : 1,197   (6.7%)


(updated 2010)



Household Size By Vehicles Available
(Union County, Arkansas)

1-person household:

No vehicle available : 479

1 vehicle available : 3,153

2 vehicles available : 759

3 vehicles available : 273

4 or more vehicles available : 35

2-person household:

No vehicle available : 187

1 vehicle available : 1,389

2 vehicles available : 3,082

3 vehicles available : 825

4 or more vehicles available : 202

3-person household:

No vehicle available : 232

1 vehicle available : 741

2 vehicles available : 1,120

3 vehicles available : 614

4 or more vehicles available : 155

4-or-more-person household:

No vehicle available : 114

1 vehicle available : 851

2 vehicles available : 1,251

3 vehicles available : 658

4 or more vehicles available : 515


(updated 2013)



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

1-person household:

No workers : 2,714

1 worker : 1,985

2-person household:

No workers : 1,989

1 worker : 2,199

2 workers : 1,497

3-person household:

No workers : 759

1 worker : 978

2 workers : 1,033

3 workers : 92

4-or-more-person household:

No workers : 319

1 worker : 1,365

2 workers : 1,275

3 or more workers : 430


(updated 2013)



Travel Time To Work
(Union County, Arkansas)

Less than 5 minutes : 785

5 to 9 minutes : 2,289

10 to 14 minutes : 3,883

15 to 19 minutes : 3,045

20 to 24 minutes : 2,237

25 to 29 minutes : 544

30 to 34 minutes : 1,767

35 to 39 minutes : 141

40 to 44 minutes : 119

45 to 59 minutes : 566

60 to 89 minutes : 183

90 or more minutes : 195


(updated 2013)



Occupations in Union County, Arkansas

Male:


  • Management, Professional, And Related Occupations: 2,180  (22.0%)
  • Service Occupations: 795  (8.0%)
  • Sales And Office Occupations: 1,280  (12.9%)
  • Farming, Fishing, And Forestry Occupations 214  (2.2%)
  • Construction, Extraction, And Maintenance Occupations: 2,030  (20.5%)

Female:


  • Management, Professional, And Related Occupations: 2,600  (29.8%)
  • Service Occupations: 1,696  (19.4%)
  • Sales And Office Occupations: 3,168  (36.3%)
  • Farming, Fishing, And Forestry Occupations 53  (0.6%)
  • Construction, Extraction, And Maintenance Occupations: 72  (0.8%)


(updated 2010)





Employment Rate In Union County, Arkansas

Employed: 18,575
Unemployed: 1,350



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

  • Total Black-owned firms of 100 or more, percent 2002: 13.6%
  • 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: 19.3%
  • Other: 67.1%



Water Usage In Union County, Arkansas

Ground Water

 
Fresh 17.83 Mgal/d
Saline 0.00 Mgal/d

Total 17.83 Mgal/d
 

Surface Water

 
Fresh 0.00 Mgal/d
Saline 0.00 Mgal/d

Total 0.00 Mgal/d





There are 332 Farms In Union County, Arkansas


(updated 2008)



Banks In Union County, Arkansas

First Financial Bank - 7 Branches


    Bank Assets: $6.1m
    Industry Specialization: Agricultural
    Total Offices: 21

Bancorpsouth Bank - 4 Branches


    Bank Assets: $51.9m
    Industry Specialization: Commercial Lending
    Total Offices: 259

Smackover State Bank - 4 Branches


    Bank Assets: $753.7k
    Industry Specialization: Other < $1 Billion
    Total Offices: 4

Simmons First Bank Of Eldorado - 3 Branches


    Bank Assets: $693.2k
    Industry Specialization: Other < $1 Billion
    Total Offices: 3

Southern Bancorp Bank - 2 Branches


    Bank Assets: $2.2m
    Industry Specialization: Commercial Lending
    Total Offices: 39

First Bank - 1 Branches


    Bank Assets: $319.9k
    Industry Specialization: Commercial Lending
    Total Offices: 349

Regions Bank - 1 Branches


    Bank Assets: $117.9m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

(updated 2014)







Airports Near Union County, Arkansas

  • South Arkansas Regional at Goodwin Field


    (about 11.6 miles in Smackover, Arkansas; Airport Code: ELD)

  • El Dorado Airport


    (about 11.7 miles in Smackover, Arkansas; Airport Code: ELD)

  • Goodwin Field


    (about 11.7 miles in Smackover, Arkansas; Airport Code: ELD)

  • Harrell Field


    (about 29.6 miles in Camden, Arkansas; Airport Code: CDH)

  • Ruston Regional


    (about 47.9 miles in Ruston, Louisiana; Airport Code: RSN)

  • Ruston Municipal


    (about 48.1 miles in Ruston, Louisiana; Airport Code: RSN)

  • Monroe Regional


    (about 58.5 miles in Monroe, Louisiana; Airport Code: MLU)

  • Grider Field


    (about 77.4 miles in Pine Bluff, Arkansas; Airport Code: PBF)

  • Barksdale AFB


    (about 78.0 miles in Bossier City, Louisiana; Airport Code: BAD)

  • Shreveport Downtown


    (about 80.2 miles in Shreveport, Louisiana; Airport Code: DTN)

  • Texarkana Regional-Webb Field


    (about 81.3 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Texarkana Muni/Webb Field


    (about 81.3 miles in Texarkana, Arkansas; Airport Code: TXK)

  • Delhi Municipal


    (about 84.9 miles in Delhi, Louisiana; Airport Code: DQO)

  • Byerley


    (about 86.7 miles in Lake Providence, Louisiana; Airport Code: FVI)

  • Shreveport Regional


    (about 87.8 miles in Shreveport, Louisiana; Airport Code: SHV)

  • Memorial Field


    (about 92.1 miles in Hot Springs, Arkansas; Airport Code: HOT)

  • Greenville Mid Delta


    (about 95.8 miles in Metcalfe, Mississippi; Airport Code: GLH)

  • Mid Delta Regional


    (about 95.8 miles in Metcalfe, Mississippi; Airport Code: GLH)

  • Greenville Municipal


    (about 95.9 miles in Metcalfe, Mississippi; Airport Code: GLH)


(updated 2015)



Modes of Transportation in Union County, Arkansas

Car, Truck, Or Van:

 

Drove Alone

83.33%

Carpooled

12.07%

Public Transportation:

 

Bus Or Trolley Bus

0.0%

Streetcar Or Trolley Car

0.06%

Subway Or Elevated

0.0%

Railroad

0.0%

Ferryboat

0.0%

Taxicab

0.07%

Motorcycle

0.0%

Bicycle

0.03%

Walked

1.89%

Other Means

0.94%

Worked At Home

1.60%



(updated 2010)





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