Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- All
- Industry Impact
- Tax Revenue
- Registrations
- New Purchases
- Activity at Ports
- Fueling
- Consumers
- Automaker Facilities
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State Facts
Autos Drive Arkansas Forward
Industry Impact
53.5K
53.5 Thousand total auto jobs in Arkansas
3.30%
3.30% depend on the auto industry for jobs
$2.96B
Total Labor Income Annually
$8.58B
Total Car Sales in 2022
95.9K
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
$812.82M
total state tax revenue
6.91%
% of state tax revenue
$329.26M
new vehicle sales taxes
$231.49M
used vehicle sales taxes
$70.01M
sales tax on auto parts and services
$786.69M
vehicle use taxes (including gas taxes), licenses and fees
$9.69M
corporate profits tax
$64.48M
federal income taxes
Registrations
2.75M
Registered
By Body Style
- Cars 781,638 (28.4%)
- UVs 891,129 (32.38%)
- Pickups 886,962 (32.22%)
- Vans/Minivans 112,956 (4.1%)
By Powertrain
- ICE / Hybrid 2,746,492 (99.78%)
- Electric 3,801 (0.14%)
- Plug-In Hybrid 2,159 (0.08%)
- Fuel Cell 0 (0%)
The Arkansas average age of vehicles is 13.8 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
95.9K
Vehicles Sold
By Body Style
- Cars 15,309 (15.97%)
- UVs 49,786 (51.93%)
- Pickups 27,908 (29.11%)
- Vans/Minivans 2,877 (3%)
By Powertrain
- ICE / Hybrid 93,957 (97.99%)
- Electric 1,456 (1.52%)
- Plug-In Hybrid 467 (0.49%)
- 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 2,188
- EV Level 2 Charging Ports 454
- EV Level 2 Charging Stations 172
- EV DC Fast Charging Ports 29
- EV DC Fast Charging Stations 9
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
$52.5K
Median Household Income
67.00%
Owner Occupied Housing
33.00%
Rental Occupied Housing
81.40%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (78.92%)
- Carpool to Work (8.81%)
- Take Public Transportation (0.19%)
- Work From Home (9.74%)
- Other (2.35%)
Housing Type
- Single Family Home (70.80%)
- 1-Unit (1.90%)
- 2-4 Units (5.90%)
- 5-9 Units (3.30%)
- 10-19 Units (3.60%)
- 20+ Units (3.30%)
- Mobile / RV / Boat (11.20%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.