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Arkansas

In: The State Economic Handbook 2008 Edition

Author

Listed:
  • Scott D. Watkins

    (Anderson Economic Group, LLC)

  • Patrick L. Anderson

    (Anderson Economic Group, LLC)

Abstract

Demographics and Socioeconomics. Arkansas, located in the West South Central region of the United States, has a population of 2.7 million, making it the nineteenth least populous state in 2005. The state’s population increased by 28,031 people from 2000 to 2005, and is projected to increase to 3.2 million by 2025. This 0.8 percent projected annual growth rate is slightly below the projected national average of 1.0 percent. The state’s 2005 per capita personal income of $26,641 was the fourth lowest in the United States, some $7,854 below the national average. Per capita income in Arkansas grew at an average annual rate of 4.0 percent from 2000 to 2005, compared to 2.9 percent nationally

Suggested Citation

  • Scott D. Watkins & Patrick L. Anderson, 2007. "Arkansas," Palgrave Macmillan Books, in: Scott D. Watkins & Patrick L. Anderson (ed.), The State Economic Handbook 2008 Edition, pages 20-24, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-60724-8_5
    DOI: 10.1057/9780230607248_5
    as

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