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ASBTDC 'iij::-
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radius
CONSUMER SPENDING
2023 Food at Home - Nonalcoholic Beverages
2023 Coffee
2023 Roasted Coffee
2023 Instant/Freeze-dried Coffee
2028 Food at Home - Nonalcoholic Beverages
2028 Coffee
2028 Roasted Coffee
2028 Instant/Freeze-dried Coffee
MARKET POTENTIAL
2023 Groceries
2023 HH Used Organic Coffee Last 6 Mo
2023 HH Used Ground Coffee Last 6 Mo
2023 HH Used Flavored Ground Coffee Last 6 Mo
2023 HH Used Unflavored Ground Coffee Last 6 Mo
2023 HH Used Decaffeinated Ground Coffee Last 6 Mo
2023 HH Used Dunkin' Donuts Ground Coffee Last 6 Mo
2023 HH Used Folgers Breakfast Blend Ground Coffee Last 6 Mo
2023 HH Used Folgers Classic Roast Ground Coffee Last 6 Mo
2023 HH Used Folgers 100% Colombian Ground Coffee Last 6 Mo
2023 HH Used Folgers French Roast Ground Coffee Last 6 Mo
2023 HH Used Green Mountain Ground Coffee Last 6 Mo
2023 HH Used Maxwell House Master Blend Ground Coffee Last 6 Mo
2023 HH Used Maxwell House Original Ground Coffee Last 6 Mo
2023 HH Used Maxwell House Colombian Ground Coffee Last 6 Mo
2023 HH Used Starbucks Ground Coffee Last 6 Mo
2023 HH Used Single Serve Pod/K-Cup Ground Coffee Last 6 Mo
2023 HH Used Flavored Instant Coffee Last 6 Mo
2023 HH Used Instant or Freeze -Dried Coffee Last 6 Mo
2023 HH Used Whole Coffee Beans Last 6 Mo
2023 HH Used Starbucks Whole Coffee Beans Last 6 Mo
2023 Drank Coffee (Ready -To -Drink) Last 6 Mo
2023 Restaurants
2023 Bought Starbucks Last 6 Mo
2023 Bought Dunkin' Donuts Last 6 Mo
2023 Convenience Stores
2023 Bought Brewed Coffee at Convenience Store Last 30 Days
2023 Household Furnishings & Appliances
2023 HH Owns Electric Coffee Grinder
2023 HH Owns Automatic Drip Coffee Maker
2023 HH Owns Electric Perk Coffee Maker
2023 HH Owns Single Cup or Pod Coffee Maker
2023 HH Owns Other Electric Coffee Maker
2023 HH Owns French Press Coffee Maker
Source: Esri-MRI-Simmons, Esri-U.S. BLS
prepared by ASBTDC
TOTAL
HH AVG
INDEX
$1,011,871
$101.37
68
$624,722
$62.58
66
$387,149
$38.78
69
$1,168,553
$117.56
69
$721,499
$72.59
68
$447,054
$44.98
70
TOTAL
PERCENT
INDEX
657
6.6%
100
5,688
57.0%
96
1,412
14.2%
96
3,976
39.8%
96
418
4.2%
87
647
6.5%
95
277
2.8%
87
975
9.8%
98
219
2.2%
88
169
1.7%
90
379
3.8%
95
237
2.4%
85
149
1.5%
58
164
1.6%
102
1,006
10.1 %
106
1,674
16.8%
95
512
5.1 %
89
953
9.6%
92
1,544
15.5%
104
400
4.0%
99
3,074
17.9%
101
3,840
22.3%
109
2,441
14.2%
96
1,887
11.0%
91
2,328
23.3%
103
3,481
34.9%
97
368
3.7%
95
2,846
28.5%
93
534
5.4%
101
1,086
10.9%
106
March 05, 2024
...
ASBTDC
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radius
2023 Total Expenditures (Consumer Spending)
2023 Food Away from Home
2023 Dining Out (Consumer Spending)
2023 Meals at Restaurants/Other
2023 Breakfast and Brunch Away from Home
2023 Breakfast/Brunch at Fast Food/Take-Out/Delivery
2023 Breakfast/Brunch at Full Service Restaurants
2023 Breakfast/Brunch at Employer/School Cafe
2023 Breakfast/Brunch at Vending/Mobile Vendors
2023 Lunch Away from Home
2023 Lunch at Fast Foodfrake-Out/Delivery
2023 Lunch at Full Service Restaurants
2023 Lunch at Employer/School Cafe
2023 Lunch at Vending/Mobile Vendors
2023 Dinner Away from Home
2023 Dinner at Fast Food/Take-Out/Delivery
2023 Dinner at Full Service Restaurants
2023 Dinner at Employer/School Cafe
2023 Dinner at Vending/Mobile Vendors
2023 Snacks & Beverages Away from Home
2023 Snacks/Beverages at Fast Food/Take-Out/Delivery
2023 Snacks/Beverages at Full Service Restaurants
2023 Snacks/Beverages at Employer/School Cafe
2023 Snacks/Beverages at Vending/Mobile Vendors
2023 TOTALS
2023 Fast Foodrrake-Out/Delivery
2023 Full Service Restaurants
2023 Employer/School Cafe
2023 Vending/Mobile Vendors
prepared byASBTDC
TOTAL HH AVERAGE INDEX
$27,768,829 $2,781.89 75
TOTAL
HH AVERAGE
INDEX
$26,984,085
$2,703.27
75
$2,742,108
$274,71
76
$1,657,165
$166.02
79
$1,014,531
$101.64
70
$60,508
$6.06
90
$9,904
$0.99
66
$8,294,384
$830.93
76
$4,840,259
$484.90
80
$3,088,410
$309.40
71
$303,014
$30.36
77
$62,703
$6.28
82
$13,663,356
$1,368.80
74
$5,775,514
$578.59
79
$7,800,648
$781.47
71
$47,608
$4.77
131
$39,587
$3.97
77
$2,284,236
$228.84
78
$1,670,394
$167.34
77
$453,513
$45.43
79
$39,987
$4.01
80
$120,342
$12.06
90
$13,943,332
$1,396.85
N/A
$12,357,102
$1,237.94
N/A
$451,117
$45.20
N/A
$232,536
$23.30
N/A
Source: Esri and Bureau of Labor Statistics
March 05, 2024
A S B T D C
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radius
2028 Total Expenditures (Consumer Spending)
2028 Food Away from Home
2028 Dining Out (Consumer Spending)
2028 Meals at Restaurants/Other
2028 Breakfast and Brunch Away from Home
2028 Breakfast/Brunch at Fast Food/Take-Out/Delivery
2028 Breakfast/Brunch at Full Service Restaurants
2028 Breakfast/Brunch at Employer/School Cafe
2028 Breakfast/Brunch at Vending/Mobile Vendors
2028 Lunch Away from Home
2028 Lunch at Fast Food/Take-Out/Delivery
2028 Lunch at Full Service Restaurants
2028 Lunch at Employer/School Cafe
2028 Lunch at Vending/Mobile Vendors
2028 Dinner Away from Home
2028 Dinner at Fast Food/Take-Out/Delivery
2028 Dinner at Full Service Restaurants
2028 Dinner at Employer/School Cafe
2028 Dinner at Vending/Mobile Vendors
2028 Snacks & Beverages Away from Home
2028 Snacks/Beverages at Fast Food/Take-Out/Delivery
2028 Snacks/Beverages at Full Service Restaurants
2028 Snacks/Beverages at Employer/School Cafe
2028 Snacks/Beverages at Vending/Mobile Vendors
2028 TOTALS
2028 Fast Food/Take-Out/Delivery
2028 Full Service Restaurants
2028 Employer/School Cafe
2028 Vending/Mobile Vendors
Source: Esri and Bureau of Labor Statistics
prepared by ASBTDC
TOTAL HH AVERAGE INDEX
$32,054,933 $3,224.84 76
TOTAL
HH AVERAGE
INDEX
$31,148,192
$3,133.62
76
$3,165,285
$318.44
77
$1,912,463
$192.40
80
$1,171,571
$117.86
72
$69,821
$7.02
91
$11,430
$1.15
67
$9,573,999
$963.18
77
$5.585.737
$561.95
81
$3,566,100
$358.76
72
$349,810
$35.19
78
$72,351
$7.28
83
$15,772,563
$1,586.78
75
$6,665,216
$670.54
80
$9,006,788
$906.12
72
$54,871
$5.52
133
$45,688
$4.60
78
$2,636,345
$265.23
79
$1,927,871
$193.95
78
$523,487
$52.66
80
$46,153
$4.64
81
$138,834
$13.97
92
$16,091,287
$1,618.84
N/A
$14,267,946
$1,435.40
N/A
$520,655
$52.37
N/A
$268,303
$27.00
N/A
March 05, 2024
ASBTDCRestaurant
Market Potential
:...
9911 W Markham St, Little Rock, Arkansas, 72205
prepared by ASBTDC
Drive time: 5 minute radius
- --- -
Demographic Summary
2023
2028
Population
21,175
20,873
Population 18+
17,190
17,043
Households
9,982
9,940
Median Household Income
$51,022
$58,917
Expected
Number of
Product/Consumer Behavior
Adults
Percent
MPI
Went to Family Restaurant/Steak House/6 Mo
11,630
67.7%
102
Went to Family Restaurant/Steak House 4+ Times/30 Days
3,616
21.0%
102
Spent $1-30 at Family Restaurant/Steak House/30 Days
1,360
7.9%
118
Spent $31-50 at Family Restaurant/Steak House/30 Days
1,540
9.0%
105
Spent $51-100 at Family Restaurant/Steak House/30 Days
2,608
15.2%
102
Spent $101-200 at Family Restaurant/Steak House/30 Days
1,567
9.1%
93
Spent $201+ at Family Restaurant/Steak House/30 Days
838
4.9%
99
Spent $1-100 at Fine Dining Restaurants/30 Days
525
3.10/a
102
Spent $101-200 at Fine Dining Restaurants/30 Days
403
2.3%
101
Spent $201+ at Fine Dining Restaurants/30 Days
306
1.8%
89
Went for Breakfast at Family Restaurant/Steak House/6 Mo
1,867
10.9%
106
Went for Lunch at Family Restaurant/Steak House/6 Mo
2,862
16.6%
102
Went for Dinner at Family Restaurant/Steak House/6 Mo
7,603
44.2%
101
Went for Snacks at Family Restaurant/Steak House/6 Mo
255
1.5%
105
Went on Workday to Family Restaurant/Steak House/6 Mo
5,137
29.9%
100
Went on Weekend to Family Restaurant/Steak House/6 Mo
6,594
38.4%
105
Went to Applebee's/6 Mo
2,363
13.7%
103
Went to Bob Evans/6 Mo
339
2.0%
88
Went to Buffalo Wild Wings/6 Mo
1,555
9.0%
112
Went to California Pizza Kitchen/6 Mo
205
1.2%
85
Went to Carrabba's/6 Mo
386
2.2%
115
Went to The Cheesecake Factory/6 Mo
1,067
6.2%
100
Went to Chili's Grill & Bar/6 Mo
1,978
11.5%
127
Went to Cracker Barrel/6 Mo
1,626
9.5%
96
Went to Denny's/6 Mo
929
5.4%
95
Went to Golden Corral/6 Mo
375
2.2%
74
Went to IHOP/6 Mo
1,328
7.7%
108
Went to Logan's Roadhouse/6 Mo
305
1.8%
103
Went to Longhorn Steakhouse/6 Mo
1,084
6.3%
114
Went to Olive Garden/6 Mo
2,604
15.10/0
111
Went to Outback Steakhouse/6 Mo
1,225
7.1%
101
Went to Red Lobster/6 Mo
1,140
6.6%
107
Went to Red Robin/6 Mo
972
5.7%
112
Went to Ruby Tuesday/6 Mo
240
1.4%
84
Went to Texas Roadhouse/6 Mo
2,013
11.7%
110
Went to T.G.I. Friday's/6 Mo
332
1.90/0
88
Went to Waffle House/6 Mo
1,017
5.9%
135
Went to Fast Food/Drive-In Restaurant/6 Mo
15,665
91.1%
100
Went to Fast Food/Drive-In Rest 9+ Times/30 Days
6,884
40.0%
103
Spent $1-10 at Fast Food Restaurant/30 Days
759
4.4%
107
Spent $11-20 at Fast Food Restaurant/30 Days
1,387
8.1%
96
Spent $21-40 at Fast Food Restaurant/30 Days
3,014
17.5%
106
Spent $41-50 at Fast Food Restaurant/30 Days
1,577
9.2%
99
Spent $51-100 at Fast Food Restaurant/30 Days
3,781
22.0%
107
Spent $101-200 at Fast Food Restaurant/30 Days
1,878
10.9%
88
Spent $201+ at Fast Food Restaurant/30 Days
838
4.9%
94
Ordered Eat -In Fast Food/6 Mo
3,467
20.2%
99
Data Note: An MPI (Market Potential Index) measures the relative likelihood of the adults in the specified trade area to exhibit certain consumer behavior or purchasing
patterns compared to the U.S. An MPI of 100 represents the U.S. average.
Source: These data are based upon national propensities to use various products and services, applied to local demographic composition. Usage data were collected by
MRI-Simmons in a nationally representative survey of U.S. households. Esri forecasts for 2023and 202-8._.
March 05, 2024
Restaurant Market Potential
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radius
prepared by ASBTDC
Expected Number of
Product/Consumer Behavior
Adults
Percent
Ordered Home Delivery Fast Food/6 Mo
2,531
14.7%
Take-Out/Drive-Thru/Curbside Fast Food/6 Mo
10,190
59.3%
Ordered Take-Out/Walk-In Fast Food/6 Mo
3,803
22.1%
Bought Breakfast at Fast Food Restaurant/6 Mo
6,186
36.0%
Bought Lunch at Fast Food Restaurant/6 Mo
9,315
54.20/b
Bought Dinner at Fast Food Restaurant/6 Mo
9,577
55.7%
Bought Snack at Fast Food Restaurant/6 Mo
2,423
14.1%
Bought from Fast Food Restaurant on Weekday/6 Mo
11,492
66.9%
Bought from Fast Food Restaurant on Weekend/6 Mo
9,168
53.3%
Bought A&W/6 Mo
334
1.90/0
Bought Arby's/6 Mo
3,270
19.00/0
Bought Baskin-Robbins/6 Mo
514
3.0%
Bought Boston Market/6 Mo
276
1.6%
Bought Burger King/6 Mo
4,777
27.8%
Bought Captain D's/6 Mo
514
3.0%
Bought Carl's 3r./6 Mo
748
4.4%
Bought Checkers/6 Mo
399
2.3%
Bought Chick-Fil-A/6 Mo
6,183
36.0%
Bought Chipotle Mexican Grill/6 Mo
3,083
17.9%
Bought Chuck E. Cheese's/6 Mo
175
1.0%
Bought Church's Fried Chicken/6 Mo
693
4.0%
Bought Cold Stone Creamery/6 Mo
474
2.8%
Bought Dairy Queen/6 Mo
2,712
15.8%
Bought Del Taco/6 Mo
555
3.2%
Bought Domino's Pizza/6 Mo
3,056
17.8%
Bought Dunkin' Donuts/6 Mo
2,441
14.2%
Bought Five Guys/6 Mo
1,775
10.3%
Bought Hardee's/6 Mo
862
5.0%
Bought Jack in the Box/6 Mo
1,319
7.70/b
Bought Jersey Mike's/6 Mo
1,336
7.8%
Bought Jimmy John's/6 Mo
1,277
7.4%
Bought KFC/6 Mo
2,883
16.8%
Bought Krispy Kreme Doughnuts/6 Mo
1,328
7.7%
Bought Little Caesars/6 Mo
2,209
12.9%
Bought Long John Silver's/6 Mo
377
2.2%
Bought McDonald's/6 Mo
8,603
50.0%
Bought Panda Express/6 Mo
2,379
13.8%
Bought Panera Bread/6 Mo
2,529
14.7%
Bought Papa John's/6 Mo
1,672
9.7%
Bought Papa Murphy's/6 Mo
696
4.0%
Bought Pizza Hut/6 Mo
2,217
12.9%
Bought Popeyes Chicken/6 Mo
2,621
15.2%
Bought Sonic Drive-In/6 Mo
2,394
13.9%
Bought Starbucks/6 Mo
3,840
22.3%
Bought Steak 'N Shake/6 Mo
548
3.2%
Bought Subway/6 Mo
3,726
21.7%
Bought Taco Bell/6 Mo
4,935
28.7%
Bought Wendy's/6 Mo
4,714
27.4%
Bought Whataburger/6 Mo
1,221
7.1%
Bought White Castle/6 Mo
409
2.4%
Bought Wing-Stop/6 Mo
867
5.0%
Data Note: An MPI (Market Potential Index) measures the relative likelihood of the adults in the specified trade area to exhibit certain consumer behavior or purchasing
patterns compared to the U.S. An MPI of 100 represents the U.S. average,
Source: These data are based upon national propensities to use various products and services, applied to local demographic composition. Usage data were collected by
MRI-Simmons in a nationally representative survey of U.S. households. Esri forecasts for 2023 and 2025. _
March 05, 2024
. .
ASBTDC ''!+"'
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radius
prepared by ASBTDC
Went to Fine Dining Restaurant/6 Mo
2,116
12.3%
101
Went to Fine Dining Restaurant/30 Days
1,557
9.10/0
100
Went to Fine Dining Restaurant 2+ Times/30 Days
684
4.0%
96
Used DoorDash Site/App for Take-Out/Delivery/30 Days
2,222
12.9%
112
Used Grubhub Site/App for Take-Out/Delivery/30 Days
984
5.7%
105
Used Postmates Site/App for Take-Out/Delivery/30 Days
329
1.90/0
112
Used Restaurant Site/App for Take-Out/Delivery/30 Days
4,041
23.5%
106
Used Uber Eats Site/App for Take-Out/Delivery/30 Days
1,064
6.2%
96
Used Yelp Site/App for Take-Out/Delivery/30 Days
252
1.50/0
88
Data Note: An MPI (Market Potential Index) measures the relative likelihood of the adults in the specified trade area to exhibit certain consumer behavior or purchasing
patterns compared to the U.S. An MPI of 100 represents the U.S. average.
Source: These data are based upon national propensities to use various products and services, applied to local demographic composition. Usage data were collected by
MRI-Simmons in a nationally representative survev of U.S. households. Esri forecasts for 2023 and 2028.
March 05, 2024
ASI
Dominant Tapestry Map
9911 W Markham St, Little Rock, Arkansas, 72205 prepared by ASBTDC
Drive time: 5 minute radii
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Source: Esri
March 05, 2024
A S B T D C '•�:'"
9911 W Markham St, Little Rock, Arkansas, 72205 prepared by ASBTDC
Drive time: 5 minute radii
Tapestry Segmentation
Tapestry Segmentation represents the latest generation of market segmentation systems that began over 30 years ago. The
68-segment Tapestry Segmentation system classifies U.S. neighborhoods based on their socioeconomic and demographic
composition. Each segment is identified by its two -digit Segment Code. Match the two -digit segment labels on the map to the
list below. Click each segment below for a detailed description.
Segment 1A (Top Tier)
Segment 1B (Professional Pride)
Segment 1C (Boomburbs)
Segment ID (Savvy Suburbanites)
Segment 1E (Exurbanites)
Segment 2A (Urban Chic)
Segment 2B (Pleasantville)
Segment 2C (Pacific Heights)
Segment 2D (Enterprising Professionals)
Segment 3A (Laptops and Lattes)
Segment 3B (Metro Renters)
Segment 3C (Trendsetters)
Segment 4A (Workday Drive)
Segment 4B (Home Improvement)
Segment 4C (Middleburg)
Segment 5A (Comfortable Empty Nesters)
Segment 5B (In Style)
Segment 5C (Parks and Rec)
Segment 5D (Rustbelt Traditions)
Segment 5E (Midlife Constants)
Segment 6A (Green Acres)
Segment 6B (Salt of the Earth)
Segment 6C (The Great Outdoors)
Segment 6D (Prairie Living)
Segment 6E (Rural Resort Dwellers)
Segment 6F (Heartland Communities)
Segment 7A (Up and Coming Families)
Segment 7B (Urban Villages)
Segment 7C (Urban Edge Families)
Segment 7D (Forging Opportunity)
Segment 7E (Farm to Table)
Segment 7F (Southwestern Families)
Segment 8A (City Lights)
Segment 8B (Emerald City)
Segment 8C (Bright Young Professionals)
Segment 8D (Downtown Melting Pot)
Segment 8E (Front Porches)
Segment 8F (Old and Newcomers)
Segment 8G (Hometown Heritage)
Segment 9A (Silver & Gold)
Segment 9B (Golden Years)
Segment 9C (The Elders)
Segment 9D (Senior Escapes)
Segment 9E (Retirement Communities)
Segment 9F (Social Security Set)
Segment 10A (Southern Satellites)
Segment 10B (Rooted Rural)
Segment 10C (Economic BedRock)
Segment 10D (Down the Road)
Segment 10E (Rural Bypasses)
Segment 11A (City Strivers)
Segment 11B (Young and Restless)
Segment 11C (Metro Fusion)
Segment 11D (Set to Impress)
Segment 11E (City Commons)
Segment 12A (Family Foundations)
Segment 12B (Traditional Living)
Segment 12C (Small Town Sincerity)
Segment 12D (Modest Income Homes)
Segment 13A (Diverse Convergence)
Segment 13B (Family Extensions)
Segment 13C (NeWest Residents)
Segment 13D (Fresh Ambitions)
Segment 13E (High Rise Renters)
Segment 14A (Military Proximity)
Segment 14B (College Towns)
Segment 14C (Dorms to Diplomas)
Segment 15 (Unclassified)
Source: Esrl
March 05, 2024
A S B T D C ''•��,""
Executive Summary
Population
2010 Population
2020 Population
2023 Population
2028 Population
2010-2020 Annual Rate
2020-2023 Annual Rate
2023-2028 Annual Rate
2020 Male Population
2020 Female Population
2020 Median Age
2023 Male Population
2023 Female Population
2023 Median Age
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radii
prepared by ASBTDC
o d - ,..
5 minutes
21,085
21,263
21,175
20,873
0.08%
-0.13%
-0.29%
45.7%
54.3%
36.6
47.3%
52.7%
37.9
In the identified area, the current year population is 21,175. In 2020, the Census count in the area was 21,263. The rate of change since
2020 was -0.13% annually. The five-year projection for the population in the area is 20,873 representing a change of -0.29%
annually from
2023 to 2028. Currently, the population is 47.3% male and 52.7% female.
Median Age
The median age in this area is 37.9, compared to U.S. median age of 39.1.
Race and Ethnicity
2023 White Alone
47.3%
2023 Black Alone
39.1%
2023 American Indian/Alaska Native Alone
0.5%
2023 Asian Alone
3.7%
2023 Pacific Islander Alone
0.0%
2023 Other Race
3.1%
2023 Two or More Races
6.2%
2023 Hispanic Origin (Any Race)
6.2%
Persons of Hispanic origin represent 6.2% of the population in the identified area compared to 19.4% of the U.S. population.
Persons of
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 66.1 in the identified area, compared to 72.1 for the U.S. as a whole.
Households
2023 Wealth Index
53
2010 Households
9,984
2020 Households
10,068
2023 Households
9,982
2028 Households
9,940
2010-2020 Annual Rate
0.08%
2020-2023 Annual Rate
-0.26%
2023-2028 Annual Rate
-0.08%
2023 Average Household Size
2.08
The household count in this area has changed from 10,068 in 2020 to 9,982 in the current year, a change of -0.26% annually. The five-year
projection of households is 9,940, a change of -0.08% annually from the current year total. Average household size is currently 2.08,
compared to 2.07 in the year 2020. The number of families in the current year is 4,743 in the specified area.
Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50
or more owner -occupied housing units. The Gin! index measures the extent to which the distribution of income or consumption among individuals or households
within an economy deviates from a perfectly equal distribution. A Gini index of 0 represents perfect equality, while an index or 100 implies perfect inequality.
Source: U.S. Census Bureau. Esri forecasts for 2023 and 2028. Esri converted Census 2010 into 2020 geography and Census 2020 data.
March 05, 2024
ASBTDCExecutive Summary
:...
9911 W Markham St, Little Rock, Arkansas, 72205
Drive time: 5 minute radii
prepared by ASBTDC
-
5 minutes
Mortgage Income
2023 Percent of Income for Mortgage
21.4%
Median Household Income
2023 Median Household Income
$51,022
2028 Median Household Income
$58,917
2023-2028 Annual Rate
2.92%
Average Household Income
2023 Average Household Income
$75,080
2028 Average Household Income
$87,064
2023-2028 Annual Rate
3.01%
Per Capita Income
2023 Per Capita Income
$36,187
2028 Per Capita Income
$42,415
2023-2028 Annual Rate
3.23%
GINIIndex
2023 Gini Index
42.7
Households by Income
Current median household income is $51,022 in the area, compared to $72,603 for all U.S. households. Median household income is
projected to be $58,917 in five years, compared to $82,410 for all U.S. households
Current average household income is $75,080 in this area, compared to $107,008 for all U.S. households.
Average household income is
projected to be $87,064 in five years, compared to $122,048 for all U.S. households
Current per capita income is $36,187 in the area, compared to the U.S. per capita income of $41,310. The per capita income is projected to
be $42,415 in five years, compared to $47,525 for all U.S. households
Housing
2023 Housing Affordability Index
114
2010 Total Housing Units
10,885
2010 Owner Occupied Housing Units
4,673
2010 Renter Occupied Housing Units
5,311
2010 Vacant Housing Units
901
2020 Total Housing Units
11,317
2020 Owner Occupied Housing Units
4,409
2020 Renter Occupied Housing Units
5,659
2020 Vacant Housing Units
1,267
2023 Total Housing Units
11,344
2023 Owner Occupied Housing Units
4,750
2023 Renter Occupied Housing Units
5,232
2023 Vacant Housing Units
1,362
2028 Total Housing Units
11,364
2028 Owner Occupied Housing Units
4,785
2028 Renter Occupied Housing Units
5,155
2028 Vacant Housing Units
1,424
Socioeconomic Status Index
2023 Socioeconomic Status Index
49.7
Currently, 41.9% of the 11,344 housing units in the area are owner occupied; 46.1%, renter occupied; and 12.0% are vacant.
Currently, in
the U.S., 58.5% of the housing units in the area are owner occupied; 31.7% are renter occupied; and 9.8% are vacant. In 2020, there
were 11,317 housing units in the area and 11.2% vacant housing units. The annual rate of change in housing units since 2020 is 0.07%.
Median home value in the area is $181,861, compared to a median home value of $308,943 for the U.S. In five years, median
value is
projected to change by 1.21% annually to $193,179.
Data Note: Income is expressed in current dollars. Housing Affordability Index and Percent of Income for Mortgage calculations are only available for areas with 50
or more owner -occupied housing units. The Gini index measures the extent to which the distribution of income or consumption among individuals or households
within an economy deviates from a perfectly equal dlstrlbution. A Gini index of 0 represents perfect equality, whlle an index of 100 implies perfect inequality.
Source: U.S. Census Bureau. Esri forecasts for 2023 and 2028. Esri converted Census 2010 into 2020 geography and Census 2020 data.
March 05, 2024
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March 05, 2024