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Places/AR/Hempstead
County profile

Hempstead

United States · GDP 2024
#1617 of 3,127 US counties by GDPtop-quartile growthmore diversified than 14% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$1.3B
GDP growth
+7.1%
Jobs tracked
5,839
Employers
378
Avg. wage
$44.0k
Population
19,080
Labor & formation
Unemployment
3.9%
Median HH income
$46.8k±$3.8k
Business applications
224 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing47%
Retail trade17%
Health care17%
Food & accommodation10%
Professional services5%
Wholesale trade4%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
19,080
residents · 2025 · -4.6% since 2020
Income per capita $46.6k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−842
International migration+154
Natural change−216

GDP trend

2019–2024 · nominal
$965.4M
2019
$1.0B
2020
$1.1B
2021
$1.3B
2022
$1.2B
2023
$1.3B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$105.7k±$12.1k
Median gross rent
$815/mo±$53/mo
Vacancy rate
22.4%±3.2%
Affordability
2.4× wages
Residential permits
2 (0.1/1k pop)
FEMA risk score
52.1
HUD Fair Market Rent (2BR):$908/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 98Hail 88Earthquake 76
FHFA HOUSE PRICE INDEX · 2016–2025
136
2016
145
2017
142
2018
142
2019
157
2020
167
2021
199
2022
201
2023
228
2024
218
2025

Transport access

BTS · FAA · USACE
Nearest interstate
8.0 km
I-30
Nearest freight rail
1.8 km
UP
Nearest port
81.6 km
LITTLE BAY QUACHITA RIVER MILE 322
Nearest commercial airport
43.2 km
TEXARKANA RGNL-WEBB FLD
Wage trend
BLS QCEW · 2019–2023
$44.0k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDP
Houston$1.3BSchoharie$1.3BPerry$1.3BMarion$1.3BBrooke$1.3BLogan$1.3B
The read

Hempstead's economy produced $1.3B in 2024, growing 7.1% year over year — faster than most US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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