LR Air Force Base's Economic Impact in 2016: Nearly $470 Million

LITTLE ROCK AIR FORCE BASE, Ark. – The Little Rock Air Force Base (LRAFB)'s economic impact was nearly $470 million in 2016, officials say.
 
The 2016 Economic Impact Statement, released Jan. 23, shows the exact value to be estimated at about $469.2 million.
 
The LRAFB is Arkansas’ seventh largest employer, with more than 7,700 active-duty, Air National Guard, Reserve, civil service and contractors.
 
The annual payroll for the base’s military and federal civilian workers totals $258 million. The base is also responsible for indirectly creating 2,847 jobs with average annual salaries exceeding $42,500 with a total annual dollar value of those jobs of $121 million.
 
The entire economic impact statement can be found here.
 

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