TALK BUSINESS: Q4 wages, business growth up in Sebastian, Crawford Counties
RIVER VALLEY, Ark. (KNWA/KFTA) — Average weekly wages and the number of businesses both rose in Sebastian and Crawford counties during the fourth quarter of 2024, Talk Business & Politics reports.
In Sebastian County, wages climbed 3% year-over-year to $1,065 for the quarter, up from $1,034 in late 2023. Crawford County saw a larger increase, with average weekly wages rising 5.36% to $983, up from $933.
On an annual basis, wages in Sebastian County reached $1,061 in 2024, up from $1,022 the year before and 36.4% higher than in 2015. Crawford County's annual average hit $938, a 44.1% jump since 2015 when it stood at $651.
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The number of business establishments also increased. Sebastian County had 3,776 businesses in Q4 2024, up from 3,753 a year earlier. Crawford County rose from 1,268 to 1,304 over the same period.
Over the last decade, Sebastian County's business count rose 0.9%, while Crawford County's grew by 2%.
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