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Economy Profile

Crittenden County

  • Arkansas State
  • October, 2024
TSAC-CFD-05035

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 2127359
AVG Real Growth (2017-2022)
-0.94 %
Unemployment Rate (May, 2024)
5.5 %
Labor Force Size
20978
Number of Businesses
1095
Average Annual Wage
$ 46187

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 2127359
GDP Per Capita
$ 44371
GDP Growth Rate (2022)
-4 %
Average Growth Rate (2017-2022)
-0.94 %
Goods Producing Contribution (%)
19.2%
Service Providing Contribution (%)
71.5%
Goverment Contribution
9.3%
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
20978
Labor Force Growth
0.07%
Unemployment
1159
Unemployment Rate
5.5%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
69%
Employment Rate (with Bachelor's Degree)
83.7%
Employment Rate (75+ y.o.)
9.8%
Employment Rate (Black)
52.3%
Employment Rate (Female)
67.4%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
1095
Number of Employment
15861
Annual Average Wages
$ 46187
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 58885
Service-providing (avg pay)
$ 42680
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 51860
Household Income (Median)
$ 70749
Per Capita Income
$ 27834
Per Capita Income Growth (2010-2022)
52.6 %
Gini Index
0.4769*
Poverty Rate
19.7 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov