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Economy Profile

Fulton County

  • Arkansas State
  • October, 2024
TSAC-CFD-05049

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 243708
AVG Real Growth (2017-2022)
3.02 %
Unemployment Rate (May, 2024)
4.6 %
Labor Force Size
4303
Number of Businesses
213
Average Annual Wage
$ 39338

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 243708
GDP Per Capita
$ 20004
GDP Growth Rate (2022)
2.6 %
Average Growth Rate (2017-2022)
3.02 %
Goods Producing Contribution (%)
18.7%
Service Providing Contribution (%)
63.2%
Goverment Contribution
18%
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
4303
Labor Force Growth
-2.56%
Unemployment
200
Unemployment Rate
4.6%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
61.4%
Employment Rate (with Bachelor's Degree)
70.2%
Employment Rate (75+ y.o.)
1.9%
Employment Rate (Black)
56.5%
Employment Rate (Female)
59.2%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
213
Number of Employment
1850
Annual Average Wages
$ 39338
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 43297
Service-providing (avg pay)
$ 40357
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 38917
Household Income (Median)
$ 53748
Per Capita Income
$ 22895
Per Capita Income Growth (2010-2022)
34.1 %
Gini Index
0.4215*
Poverty Rate
15.3 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov