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Economy Profile

Calhoun County

  • Arkansas State
  • October, 2024
TSAC-CFD-05013

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 399896
AVG Real Growth (2017-2022)
0.32 %
Unemployment Rate (May, 2024)
3.6 %
Labor Force Size
2336
Number of Businesses
106
Average Annual Wage
$ 69665

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 399896
GDP Per Capita
$ 83783
GDP Growth Rate (2022)
-8.3 %
Average Growth Rate (2017-2022)
0.32 %
Goods Producing Contribution (%)
73.3%
Service Providing Contribution (%)
21.9%
Goverment Contribution
4.8%
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
2336
Labor Force Growth
0.39%
Unemployment
83
Unemployment Rate
3.6%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
50.4%
Employment Rate (with Bachelor's Degree)
71.9%
Employment Rate (75+ y.o.)
7.8%
Employment Rate (Black)
32.7%
Employment Rate (Female)
44.4%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
106
Number of Employment
3055
Annual Average Wages
$ 69665
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 74338
Service-providing (avg pay)
$ 56479
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 60237
Household Income (Median)
$ 65273
Per Capita Income
$ 24047
Per Capita Income Growth (2010-2022)
46.1 %
Gini Index
0.3919*
Poverty Rate
12.5 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov