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Lonoke County, Arkansas, has an annual GDP of approximately 1.75 billion dollars, with a GDP per capita of about 23,559 dollars, which is significantly lower than the state average of 54,988 dollars and the national average of 77,754 dollars. The county experienced a GDP growth rate of -2.4% in the last year, contrasting with Arkansas's growth rate of 1.3% and the national rate of 1.9%. Lonoke's economy is primarily service-oriented, with 69.2% of its GDP coming from service-providing sectors, similar to the state average of 66.3%. However, its goods-producing sector contributes 17.7%, which is slightly below the state average of 22%. Overall, Lonoke County's economic performance lags behind both state and national trends, indicating potential challenges in growth and development compared to more prosperous counties like Pulaski and Benton.
Lonoke County, AR exhibits an employment rate of 69.8% for individuals aged 20-64, which is slightly below the Arkansas state average of 69.3% and significantly lower than the national average of 73.8%. The county's employment rate for those with a Bachelor's degree stands at 82.8%, which is comparable to the state rate of 83.5% but lower than the national figure of 84.3%. Notably, the employment rate for high school graduates in Lonoke County is 64.9%, aligning closely with the state average of 63.4%. However, the county's employment rate for Black residents is notably low at 43.8%, compared to 52.1% statewide and 57.2% nationally, indicating potential disparities in employment opportunities. Overall, while Lonoke County shows some strengths in educational attainment, it faces challenges in overall employment rates and racial equity compared to both state and national benchmarks.
Lonoke County, AR exhibits a mean household income of $68,078 and a median household income of $85,865, positioning it above the state averages of $56,335 and $79,592, respectively. The county's income per capita stands at $32,720, which is also higher than the state average of $31,868. Notably, 11.8% of households earn over $200,000, surpassing the state rate of 8.6%, while 11.6% fall below $20,000, which is lower than the state’s 16.3%. The income inequality, as indicated by the Gini index of 0.4211, is more favorable compared to both the state (0.4821) and national levels (0.4829). This suggests a relatively balanced income distribution in Lonoke County, distinguishing it positively within Arkansas, particularly when compared to neighboring counties like Pulaski and Sebastian, which have higher income inequality.