LotsCap

Economy Profile

Cleburne County

  • Arkansas State
  • October, 2024
TSAC-CFD-05023

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 781118
AVG Real Growth (2017-2022)
-0.02 %
Unemployment Rate (May, 2024)
4.8 %
Labor Force Size
9135
Number of Businesses
639
Average Annual Wage
$ 40671

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 781118
GDP Per Capita
$ 31310
GDP Growth Rate (2022)
-1.3 %
Average Growth Rate (2017-2022)
-0.02 %
Goods Producing Contribution (%)
27.4%
Service Providing Contribution (%)
63.3%
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
9135
Labor Force Growth
-0.79%
Unemployment
437
Unemployment Rate
4.8%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
63.4%
Employment Rate (with Bachelor's Degree)
69.6%
Employment Rate (75+ y.o.)
3.7%
Employment Rate (Black)
30.1%
Employment Rate (Female)
58.4%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
639
Number of Employment
6452
Annual Average Wages
$ 40671
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 48647
Service-providing (avg pay)
$ 37060
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 52780
Household Income (Median)
$ 71025
Per Capita Income
$ 31041
Per Capita Income Growth (2010-2022)
52.4 %
Gini Index
0.4541*
Poverty Rate
14.1 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov