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Economy Profile

Crawford County

  • Arkansas State
  • October, 2024
TSAC-CFD-05033

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 2148445
AVG Real Growth (2017-2022)
0.64 %
Unemployment Rate (May, 2024)
3.8 %
Labor Force Size
27520
Number of Businesses
1270
Average Annual Wage
$ 47109

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 2148445
GDP Per Capita
$ 35457
GDP Growth Rate (2022)
1 %
Average Growth Rate (2017-2022)
0.64 %
Goods Producing Contribution (%)
28.2%
Service Providing Contribution (%)
62.5%
Goverment Contribution
9.2%
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
27520
Labor Force Growth
2.12%
Unemployment
1056
Unemployment Rate
3.8%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
64.2%
Employment Rate (with Bachelor's Degree)
81.3%
Employment Rate (75+ y.o.)
11.4%
Employment Rate (Black)
54.1%
Employment Rate (Female)
57.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
1270
Number of Employment
19117
Annual Average Wages
$ 47109
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 55149
Service-providing (avg pay)
$ 43394
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 56702
Household Income (Median)
$ 74478
Per Capita Income
$ 28920
Per Capita Income Growth (2010-2022)
54.5 %
Gini Index
0.4445*
Poverty Rate
17.8 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov