LotsCap

Economy Profile

Greene County

  • Arkansas State
  • October, 2024
TSAC-CFD-05055

Table of Content

Snapshot

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GDP (2022, Thousands)
$ 1885092
AVG Real Growth (2017-2022)
2.72 %
Unemployment Rate (May, 2024)
4.1 %
Labor Force Size
19830
Number of Businesses
940
Average Annual Wage
$ 46074

Economy Structure

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

GDP

GDP (2022, Thousands)
$ 1885092
GDP Per Capita
$ 41021
GDP Growth Rate (2022)
0.9 %
Average Growth Rate (2017-2022)
2.72 %
Goods Producing Contribution (%)
34.5%
Service Providing Contribution (%)
56%
Goverment Contribution
9.5%
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
19830
Labor Force Growth
0.21%
Unemployment
821
Unemployment Rate
4.1%
Unemployment Rate
Source: Census.gov | S2301

Employment Profile

Employment Rate (20-64 y.o.)
67.2%
Employment Rate (with Bachelor's Degree)
87.6%
Employment Rate (75+ y.o.)
10.5%
Employment Rate (Black)
41.9%
Employment Rate (Female)
60.6%
Employment Rate by Segment
Source: Census.gov | S2301
Employent Rate Comparison
Source: Census.gov | S2301

Employment by Sectors

Number of Companies
940
Number of Employment
15882
Annual Average Wages
$ 46074
Wage CAGR (2010-2022)
Goods-producing (avg pay)
$ 54361
Service-providing (avg pay)
$ 40003
Historical Annual Average Wage
Source: BLS
Number of Establishments
Source: BLS
Company Indicators
Source: BLS

Income

Household Income (Mean)
$ 54879
Household Income (Median)
$ 67548
Per Capita Income
$ 26941
Per Capita Income Growth (2010-2022)
47.8 %
Gini Index
0.4283*
Poverty Rate
17.6 %
Per Capita Income
Source: Census.gov | B19301
Income Distribution by Household
Source: Census.gov