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Fulton County, Arkansas, has an annual GDP of approximately 243.7 million dollars, with a GDP per capita of 20,004 dollars, which is significantly lower than the state average of 54,988 dollars and the national average of 77,754 dollars. The county's GDP growth rate for the last year stands at 2.6%, slightly above Arkansas's growth rate of 1.3% but below the national rate of 1.9%. Fulton County's economy is primarily service-oriented, with 63.2% of its GDP coming from service-providing sectors, while goods-producing industries contribute 18.7%. Compared to other counties in Arkansas, Fulton County's economic performance is modest, particularly when juxtaposed with Pulaski County's GDP per capita of 91,000 dollars, highlighting a significant disparity in economic prosperity within the state.
Fulton County, AR, exhibits notable challenges in employment rates compared to both state and national averages. With an employment rate of 61.4% for individuals aged 20-64, it falls significantly below Arkansas's average of 69.3% and the national average of 73.8%. The county's employment rate for those with a Bachelor's degree is also lower at 70.2%, compared to the state (83.5%) and national (84.3%) figures. Additionally, Fulton County's high school graduate employment rate of 57% lags behind Arkansas's 63.4%. The county's employment rate for seniors (75+) is particularly low at 1.9%, indicating potential issues in workforce participation among older residents. Overall, Fulton County's employment landscape suggests a need for targeted economic development strategies to enhance job opportunities and educational attainment, especially when compared to more prosperous counties like Benton and Saline.
Fulton County, AR, exhibits significant economic challenges compared to both state and national averages. With a mean household income of $38,917 and a median household income of $53,748, Fulton County lags behind Arkansas's state averages of $56,335 and $79,592, respectively. The county's income per capita of $22,895 is notably lower than the state’s $31,868, indicating a less prosperous economic environment. Additionally, 20.5% of households earn less than $20,000, which is higher than the state average of 16.3%. In contrast, counties like Benton and Pulaski show much stronger economic indicators, highlighting the disparities within Arkansas. The lower income levels in Fulton County may reflect limited job opportunities and economic development, necessitating targeted interventions to improve local economic conditions.