The Economic Impact of the Grady County Fairgrounds on the Economy of Grady County, Oklahoma

Gerald A. Doeksen – Extension Economist, OSU, Stillwater

Jeanne Hutchins – Extension Associate, OSU, Stillwater

Cheryl St. Clair – Extension Associate, OSU, Stillwater

Stan Ralstin – Area Rural Development Specialist, N.W. District Office, Enid

Ron G. Justice – Grady County Extension Director, Chickasha

RURAL DEVELOPMENTOKLAHOMA COOPERATIVE EXTENSION SERVICE

OKLAHOMA STATE UNIVERSITY

APRIL 1996

Objectives of this report:

• Provide basic economic data for Grady County;

• Review concepts of community economics and multipliers; and

• Estimate the direct and secondary impacts of current fairgrounds activities.

Table 1Population Estimates by Community for Grady County, Oklahoma,

1980, 1990, and 1994

1994 Percent

1980 1990 Estimate Change

Alex 769 639 656 +2.62

Amber 416 418 469 +12.11

Blanchard (pt.) 30 6 6 -5.43

Bradley 284 166 161 -3.04

Chickasha 15,828 14,988 15,156 +1.12

Minco 1,489 1,411 1,401 -0.74

Ninnekah 1,085 1,016 1,067 +4.97

Norge 87 97 102 +5.24

Rush Springs 1,451 1,229 1,231 +0.19

Tuttle 3,051 2,807 2,869 +2.21

Verden 625 546 586 +7.31

Remainder of County 14,375 18,424 19,351 +5.04

Total 39,490 41,747 43,055 +3.13

Table 2Population Estimates by Age and Sex for

Grady County, Oklahoma, 1990Age (years) Male Female0-4 1,524 1,4455-9 1,752 1,71210-14 1,790 1,69015-19 1,573 1,54620-24 1,159 1,23625-29 1,431 1,67530-34 1,658 1,74335-39 1,540 1,62440-44 1,376 1,40745-49 1,238 1,27050-54 1,039 1,07955-59 933 93860-64 810 90165-69 738 85970-74 567 77375-79 471 74280-75 301 53485+ 187 486Total 20,087 21,660

Table 3Labor Force Data for Grady County 1989-95

Labor Unemployment

Employment Unemployment Force Rate

January 1989 15,810 1,630 17,440 9.3

June 1989 15,460 1,580 17,040 9.3

January 1990 17,740 1,480 19,220 7.7

June 1990 18,360 1,220 19,580 6.2

January 1991 16,830 1,760 18,590 9.5

June 1991 16,610 1,560 18,170 8.6

January 1992 16,940 1,370 18,310 7.5

June 1992 17,610 1,130 18,740 6.0

January 1993 17,280 1,190 18,470 6.4

June 1993 18,310 1,390 19,700 7.1

January 1994 18,000 1,260 19,260 6.5

June 1994* 17,980 1,210 19,190 6.3

January 1995 18,010 1,230 19,240 6.4

June 1995* 18,240 1,040 19,280 5.4

December 1995* 18,560 1,070 19,630 5.4

Table 4Employment by Major Sector for Grady County, 1988-1993

Grady County 1988 1989 1990 1991 1992 1993Total Employment 16,534 16,318 17,141 16,821 17,246 17,677By Type:

Wage and salary 11,589 11,362 12,009 11,533 11,945 12,339Proprietors 4,945 4,956 5,132 5,288 5,301 5,338 Farm 1,537 1,547 1,544 1,527 1,555 1,555 Nonfarm 3,408 3,409 3,588 3,761 3,746 3,783By Industry

Farm 1,788 1,777 1,790 1,762 1,805 1,821 Nonfarm 14,746 14,541 15,351 15,059 15,441 15,856 Private 12,130 11,912 12,647 12,277 12,657 13,063 Ag svc, for, fish, other 224 217 249 335 325 335 Mining 762 671 676 702 608 614 Construction 706 721 693 714 723 746 Manufacturing 2,336 2,183 2,204 2,374 2,639 2,837 Transportation 531 538 598 553 524 580 Wholesale trade 544 575 578 554 582 568 Retail trade 3,081 3,025 3,375 2,653 2,838 2,840 Fin, ins, real estate 786 776 748 724 690 703 Services 3,160 3,206 3,526 3,668 3,728 3,840 Government 2,616 2,629 2,704 2,782 2,784 2,793 Fed, civilian 130 128 124 124 124 123 Military 260 257 254 249 248 223 State and local 2,226 2,244 2,326 2,409 2,409 2,447

Table 5Personal Income by Major Source

for Grady County, 1988-1993Grady County 1988 1989 1990 1991 1992 1993Income by Place of Residence TPI ($000) 471,723 496,856 517,679 534,567 571,325 599,472 Nonfarm income 462,661 483,158 509,010 526,864 557,443 582,589 Farm income 9,062 13,698 8,669 7,703 13,882 16,883 Population (thousands) 42 42 42 42 42 43Derivation of TPI Per cap personal inc ($) 11,113 11,834 12,421 12,789 13,599 14,073 Earnings place of work 228,097 236,433 245,280 254,123 278,175 298,007 Less: Pers cont for soc insur 15,746 16,961 18,092 18,955 20,052 21,628 Plus: Adj for residence 85,365 92,172 96,135 101,097 105,494 108,232 Equals: Net earn by place of res 297,986 311,644 323,323 336,265 363,617 384,611 Plus: Dividends, int, rent 82,464 88,116 88,320 82,018 78,661 79,450 Plus: Transfer pymts 91,273 97,096 106,036 116,284 129,047 135,411Earnings by Place of Work Components of Earnings Wages/salaries 175,437 175,767 187,901 193,921 205,729 217,267 Other labor income 18,769 19,180 20,672 23,840 27,545 29,675 Proprietors income 33,891 41,486 36,707 36,362 44,901 51,065 Farm 6,773 11,252 5,857 4,958 11,292 14,049 Nonfarm 27,118 30,234 30,850 31,404 33,609 37,016

Table 5 (Continued)Personal Income by Major Source

for Grady County, 1988-1993Grady County 1988 1989 1990 1991 1992 1993Earnings By Industry Farm 9,062 13,698 8,669 7,703 13,882 16,883 Nonfarm 219,035 222,735 236,611 246,420 264,293 281,124 Private 175,198 176,708 187,618 194,197 209,400 223,176 Ag svc, for, fish, othr 1,198 1,234 1,418 1,800 1,730 1,902 Mining 9,720 6,331 6,572 7,691 6,836 7,212 Construction 10,406 11,222 11,115 11,124 11,173 11,666 Manufacturing 50,546 49,968 50,242 59,427 69,315 76,047 Nondurable goods 8,886 8,606 8,723 14,609 16,475 17,011 Durable goods 41,660 41,362 41,519 44,818 52,840 59,036 Transportation 11,772 10,105 10,883 11,413 11,749 12,616 Wholesale trade 11,620 12,008 12,539 13,072 13,132 13,166 Retail trade 33,633 34,515 38,292 30,127 32,866 34,262 Fin, ins, real estate 9,554 9,488 9,474 9,540 9,681 10,281 Services 36,749 41,837 47,083 50,003 52,918 56,024 Government 43,837 46,027 48,993 52,223 54,893 57,948 Fed, civilian 3,359 3,497 3,672 3,821 4,069 4,249 Military 1,533 1,571 1,641 1,653 1,721 1,602 State and local 38,945 40,959 43,680 46,749 49,103 52,097

Table 6Sales Tax Collections

for the City of Chickasha, 1988-1995

Year Collections

FY 1988 $3,148,947.54

FY 1989 3,187,000.38

FY 1990 3,238,533.07

FY 1991 3,475,812.00

FY 1992 3,634,383.39

FY 1993 3,832,421.12

FY 1994 4,276,755.03

FY 1995 5,257,060.61

Table 71990 Census of Population and Housing for Grady County

Total Population 41,747 Married-couple families 9,935SEX % of Total House 63.92Male 20,087 Other family, male 410Female 21,660 Other family, female 1,483AGE Nonfamily households 3,716Under 5 2,969 % of total house 23.915 to 17 years 8,847 Householder living alone 3,36318 to 20 years 1,766 Householder 65 years+ 1,76021 to 24 years 1,845 Persons living in households 41,06025 to 44 years 12,454 Persons per household 2.6445 to 54 years 4,626 GROUP QUARTERS55 to 59 years 1,871 Persons living in group quarters 68760 to 64 years 1,711 Institutionalized persons 48665 to 74 years 2,937 Other persons in quarters 20175 to 84 years 2,048 RACE AND HISPANIC ORIGIN85 years+ 673 White 37,602Median Age 33.44 Black 1,537Under 18 11,816 % of total pop 3.68 % of total pop 28.3 American Indian, Eskimo, Aleut 2,15265 years+ 5,658 % of total pop 5.15 % of total pop 13.55 Asian or Pacific Islander 121HOUSEHOLDS BY TYPE % of total pop 0.29 Total households 15,544 Other race 335Family households 11,828 Hispanic origin (any race) 728

% of total pop 1.74

Table 7 (Continued)1990 Census of Population and Housing for Grady County

Total housing units 17,788 $150,000 to $199,999 60OCCUPANCY AND TENURE $200,000 to $299,999 31Occupied housing units 15,544 $300,000 or more 10 Owner occupied 11,785 Median (dollars) 42,000 % owner occupied 75.82 CONTRACT RENT Renter occupied 3,759 Specified renter-occupied unitsVacant housing units 2,244 paying cash rent 3,004 For seasonal, recreational, or occasional use 68 Less than $250 1,904 Homeowner vacancy rate (%) 3.24 $250 to $499 1,032 Rental vacancy rate (%) 16.58$500 to $749 63Persons per owner-occ unit 2.65 $750 to $999 3Persons per renter-occ unit 2.62 $1,000 or more 2Units with over 1 persons per room 474 Median (dollars) 218UNITS IN STRUCTURE RACE AND HISPANIC ORIGIN1-unit, detached 13,706 OF HOUSEHOLDER1-unit, attached 192 Occupied housing units 15,5442 to 4 units 656 White 14,2075 to 9 units 349 Black 53610 or more units 301 % of occupied units 3.45Mobile home, trailer, other 2,584 American Ind, Eskimo or Aleut 668VALUE % of occupied units 4.30 Specified owner-occupied units 7,790 Asian or Pacific Islander 27Less than $50,000 4,786 % of occupied units 0.17$50,000 to $99,999 2,675 Other race 106$100,000 to $149,999 228 Hispanic origin 203

% of occupied units 1.31

Figure 1Overview of

Community Economic System

Households

IndustryBasic

ServicesGoods &

$

Inputs

Products

Inputs

$ $

$

$

Services

$ $

Labor

Table 8Grady County Actual Attendance at Fairgrounds Events in 1995

Number Total Out of Town Local

Event of Events Attendance Attendance Attendance

4-H Round Up 1 100 80 20

Antique Car Swap Meet 3 167,500 159,500 8,000

Arts & Crafts Show 3 2,750 1,900 850

Banquets 7 885 455 430

Bull Riding 2 200 150 50

Chili Cook-off 1 1,000 300 700

Classes & Interviews 3 215 50 165

Dairy Field Day 1 250 200 50

Dance 5 825 325 500

Dinners & Socials 4 400 230 170

Dog Show 2 125 85 40

FCE Work Day 2 50 20 30

Furniture Sale 1 250 50 200

Grady Baptist RA Racers 2 150 0 150

Gun Show 1 250 100 150

Horse Clinic 1 100 40 60

Jr. Livestock Show 1 2,000 1,850 150

Table 8 (Continued)Grady County Actual Attendance at Fairgrounds Events in 1995

Number Total Out of Town Local

Event of Events Attendance Attendance Attendance

Local & County Fair 1 8,000 6,000 2,000

Meetings 31 1,765 580 1,185

Pig Sale 2 400 250 150

Prom 1 300 0 300

Reunion 21 2,625 1,550 1,075

Rodeo 3 2,750 2,350 400

Science Fair 1 350 0 350

Style Show & Dress Revue

2 175 135 40

Team Roping 13 2,500 1,975 525

Tool Sale 1 250 100 150

Toy Tractor Show 1 500 300 200

Wedding/Anniversary 3 275 165 110

Winter Classic Steer Show 1 1,000 800 200

Wool Pickup 1 25 20 5

Youth Explosion 1 150 50 100

Total 123 198,115 179,610 18,505

Table 9Grady County Bookings for Fairgrounds Events in 1996

Number Total Out of Town Local

Event of Events Attendance Attendance Attendance

4-H Round Up 1 100 80 20

Antique Car Swap Meet 3 184,000 171,000 13,000

Arts & Crafts Show 3 3,350 2,250 1,100

Banquets 6 710 405 305

Bull Riding 2 200 150 50

Car Show 1 500 300 200

Chili Cook-off 1 1,000 300 700

Circus 1 500 50 450

Classes & Interviews 2 215 75 140

Crop Clinic 1 75 60 15

Dairy Field Day 1 250 200 50

Dance 2 375 100 275

Dinners 4 625 325 300

Elections 10 4,000 0 4,000

Grady Baptist RA Racers 1 100 0 100

Gun Show 3 1,500 800 700

Horse Show Workshop 1 100 75 25

Table 9 (Continued)Grady County Bookings for Fairgrounds Events in 1996

Number Total Out of Town Local

Event of Events Attendance Attendance Attendance

Jr. Livestock Show 1 2,000 1,850 150

Local & County Fair 1 8,00 6,000 2,000

Meetings 19 1,470 570 900

Pig Sale 2 400 300 100

Prom 1 250 0 250

Reunion 19 2,300 1,370 930

Rodeo 1 1,000 800 200

Science Fair 2 700 0 700

Style Show & Dress Revue

2 175 135 40

Team Roping 11 880 625 255

Toy Tractor Show 1 600 400 200

Tumbling Meet 1 200 100 100

Wedding/Anniversary 2 225 105 120

Winter Classic Steer Show 1 1000 800 200

Total Advance Bookings 107 216,800 189,225 27,575

Add 10% Events not booked 21,680 18,923 2,757

Estimated Total 107 238,480 208,148 30,332

Table 10Grady County Estimated Visitor Expenditures

Daily Visitors Local (30,332)

Spending Per Day Total Expenditures

$5 $151,660

$10 $303,320

$15 $454,980

Daily Visitors Out of Town (187,334)

Spending Per Day Total Expenditures

$10 $1,873,340

$20 $3,746,680

$30 $5,620,020

Overnight Visitors (20,814)

Spending Per Day Total Expenditures

$40 $832,560

$50 $1,040,700

$60 $1,248,840

Total Expenditures

Spending Per Day Total Expenditures

Daily Local ($5) Daily Out of Town ($10) Daily Overnight ($40) $2,857,560

Daily Local ($10) Daily Out of Town ($20) Daily Overnight ($50) $5,090,700

Daily Local ($20) Daily Out of Town ($30) Daily Overnight ($60) $7,323,840

Type III Multiplier

Aggregated from 3 sectors- Retail trade- Finance, insurance, and real estate- ServicesMultipliers

- Employment 1.65

- Income 1.67

Table 11Direct, Indirect and Induced Impact of Fairgrounds on

Chickasha and Grady CountyDirect Impact of Fairgrounds Employees

Employment 1.5

Payroll Income $27,000

Direct Impact of Current Fairground Visitors

Employment 141.0

Payroll Income $2,482,750

Total Direct Impact

Employment 142.5

Income $2,509,750

Indirect and Induced Impact

Employment 92.5

Income $1,681,500

Total Impact

Employment 235.0

Income $4,191,250