Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
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Congressional District 3
Autos Drive Arkansas Forward
Industry Impact
13.4K
13.4 Thousand total auto jobs in Arkansas
3.00%
3.00% depend on the auto industry for jobs
$794.1M
Total Labor Income Annually
24.8K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$211.31M
total state tax revenue
$1.5M
corporate profits tax
$14.94M
federal income taxes
Registrations
651.9K
Registered
By Body Style
- Cars 188,513 (28.92%)
- UVs 230,384 (35.34%)
- Pickups 186,227 (28.57%)
- Vans/Minivans 30,656 (4.7%)
By Powertrain
- ICE / Hybrid 649,052 (99.57%)
- Electric 1,995 (0.31%)
- Plug-In Hybrid 835 (0.13%)
- Fuel Cell 0 (0%)
The Arkansas congressional district 3 average age of vehicles is 13.2 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
24.8K
Vehicles Sold
By Body Style
- Cars 3,857 (15.58%)
- UVs 13,303 (53.73%)
- Pickups 6,349 (25.64%)
- Vans/Minivans 1,251 (5.05%)
By Powertrain
- ICE / Hybrid 23,733 (95.85%)
- Electric 851 (3.44%)
- Plug-In Hybrid 176 (0.71%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- Total Exports
- Total Imports
Economic Activity from 2022
- Total Exports
- Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 305
- EV Level 2 Charging Ports 112
- EV Level 2 Charging Stations 58
- EV DC Fast Charging Ports 4
- EV DC Fast Charging Stations 1
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$64.6K
Median Household Income
66.10%
Owner Occupied Housing
33.90%
Rental Occupied Housing
84.40%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (75.40%)
- Carpool to Work (7.90%)
- Take Public Transportation (0.20%)
- Work From Home (14.50%)
- Other (2%)
Housing Type
- Single Family Home (70.80%)
- 1-Unit (3.60%)
- 2-4 Units (6.40%)
- 5-9 Units (4%)
- 10-19 Units (5.40%)
- 20+ Units (3.90%)
- Mobile / RV / Boat (5.90%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.