LotsCap

Economy Profile

Bradley County

  • Arkansas State
  • October, 2024
TSAC-CFD-05011

Table of Content

Snapshot

-

GDP (2022, Thousands)
$ 442098
AVG Real Growth (2017-2022)
0.3 %
Unemployment Rate (May, 2024)
4.9 %
Labor Force Size
3978
Number of Businesses
327
Average Annual Wage
$ 42294

Economy Structure

Population & Household section gives reader an outlook. of general population profile, structure, and outlook.

GDP

GDP (2022, Thousands)
$ 442098
GDP Per Capita
$ 42262
GDP Growth Rate (2022)
-2 %
Average Growth Rate (2017-2022)
0.3 %
Goods Producing Contribution (%)
47.9%
Service Providing Contribution (%)
39%
Goverment Contribution
13.1%
GDP Historical Growth Rate
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP by Sectors
Source: Bureau of Economic Analysis | CAGDP2, CAGDP11
GDP Growth by Sectors
Source: Bureau of Economic Analysis | CAGDP11

Monthly Employment

Total Labor Force
3978
Labor Force Growth
-0.55%
Unemployment
196
Unemployment Rate
4.9%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
60.3%
Employment Rate (with Bachelor's Degree)
72.8%
Employment Rate (75+ y.o.)
5.6%
Employment Rate (Black)
37.3%
Employment Rate (Female)
53%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
327
Number of Employment
3621
Annual Average Wages
$ 42294
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 51068
Service-providing (avg pay)
$ 37584
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 43688
Household Income (Median)
$ 57798
Per Capita Income
$ 23830
Per Capita Income Growth (2010-2022)
26.5 %
Gini Index
0.4717*
Poverty Rate
15.2 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov