-
Johnson County, Arkansas, has demonstrated a notable economic performance with an annual GDP of approximately 890 million dollars and a GDP per capita of 34,339 dollars. The county's GDP growth rate for the last year stands at an impressive 5.3%, significantly outpacing the state average of 1.3% and reflecting a robust local economy. The goods-producing sector contributes 39.7% to the GDP, which is higher than the state average of 22%, indicating a strong manufacturing or agricultural base. In comparison to other counties in Arkansas, Johnson County's growth rate is among the highest, suggesting effective economic strategies and potential for further development. However, its GDP per capita remains lower than that of more prosperous counties like Pulaski and Benton, highlighting room for improvement in income levels.
Johnson County, AR, exhibits a notably lower employment rate for individuals aged 20-64 at 64.5%, compared to the state average of 69.3% and the national average of 73.8%. The county's employment rate for those with a Bachelor's degree (75.1%) is also below the state (83.5%) and national (84.3%) figures, indicating potential challenges in attracting or retaining highly educated workers. Furthermore, the employment rate for high school graduates (60.6%) lags behind both state (63.4%) and national (67.9%) averages. The county's employment rate for Black residents (27.3%) is significantly lower than the state (52.1%) and national (57.2%) rates, highlighting disparities in employment opportunities. Overall, Johnson County faces considerable employment challenges relative to both state and national benchmarks, suggesting a need for targeted economic development initiatives.
Johnson County, AR, exhibits significant economic challenges compared to both state and national averages. With a mean household income of $42,470 and a median household income of $56,684, it falls well below Arkansas's state averages of $56,335 and $79,592, respectively. The county's income per capita of $22,457 is also notably lower than the state average of $31,868. Furthermore, Johnson County has a higher percentage of households earning less than $20,000 (19.9%) compared to the state (16.3%) and national averages (12.1%). The income inequality, as indicated by the Gini index of 0.4456, is relatively moderate, suggesting a more equitable income distribution than in many neighboring counties, such as Pulaski and Benton, which have higher Gini indices. Overall, Johnson County's economic indicators highlight a need for targeted development strategies to improve income levels and reduce poverty.