Places/AR/Hempstead County, AR
County profile

Hempstead County, AR

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
BEA · 2024
GDP growth (YoY)
+7.1%
BEA · 2024
Jobs tracked
5,839
Census CBP · 2023
Employers
378
Census CBP · 2023
Avg. wage
$44.0k
BLS QCEW · 2023
Population
19,080
Census PEP · 2025
Labor, income & education
Unemployment
4.7%
Median HH income
$46.8k±$3.8k
Bachelor's degree+
16.3%±2.6%
Poverty rate
20.2%±2.9%
Business applications
224 · 2025
Retail establishments
69
35.8/10k pop

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 · 20202025
19,080
residents · 2025 · -4.6% since 2020
Income per capita $46.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration842
International migration+154
Natural change216

GDP trend

20192024 · 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
$592.4k
2 units · 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 · 20162025
136
2016
145
2017
142
2018
142
2019
157
2020
167
2021
199
2022
201
2023
228
2024
218
2025
RESIDENTIAL PERMITS · 20212025
100% since 2021
1
2021
1
2022
0
2023
2
2024
2
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 · 20192023
$44.0k
avg. annual pay · +19% since 2019
The read

What is the GDP of Hempstead?

Hempstead's economy produced $1.3B in 2024, growing 7.1% year over yearfaster 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.