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Economy Profile

Clark County

  • Arkansas State
  • October, 2024
TSAC-CFD-05019

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 973027
AVG Real Growth (2017-2022)
-0.66 %
Unemployment Rate (May, 2024)
5.9 %
Labor Force Size
8585
Number of Businesses
665
Average Annual Wage
$ 43026

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 973027
GDP Per Capita
$ 45322
GDP Growth Rate (2022)
-3.5 %
Average Growth Rate (2017-2022)
-0.66 %
Goods Producing Contribution (%)
33.9%
Service Providing Contribution (%)
52.1%
Goverment Contribution
13.9%
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
8585
Labor Force Growth
1.87%
Unemployment
507
Unemployment Rate
5.9%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
68.6%
Employment Rate (with Bachelor's Degree)
81.7%
Employment Rate (75+ y.o.)
9.5%
Employment Rate (Black)
49%
Employment Rate (Female)
63.5%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
665
Number of Employment
8363
Annual Average Wages
$ 43026
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 60754
Service-providing (avg pay)
$ 37757
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 48071
Household Income (Median)
$ 63424
Per Capita Income
$ 24532
Per Capita Income Growth (2010-2022)
42.7 %
Gini Index
0.4502*
Poverty Rate
20.0 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov