Economy in Bay, Arkansas
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Economy
| Unemployment Rate | 7.20% | 9.10% |
| Recent Job Growth | 2.05% | -0.12% |
| Future Job Growth | 36.90% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $18,371 | $27,067 |
| Household Income | $41,124 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 15.46% | 12.10% |
| Income between 15K and 25K | 12.04% | 10.18% |
| Income between 25K and 35K | 14.20% | 10.56% |
| Income between 35K and 50K | 20.66% | 14.98% |
| Income between 50K and 75K | 21.93% | 19.53% |
| Income between 75K and 100K | 9.76% | 12.52% |
| Income between 100K and 150K | 4.43% | 12.14% |
| Income between 150K and 250K | 1.14% | 3.91% |
| Income between 250K and 500K | 0.38% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 6.70% | 13.81% |
| Professional and Related Occupations | 21.45% | 22.68% |
| Service | 12.15% | 14.51% |
| Sales and Office | 29.63% | 25.22% |
| Farming, Fishing, and Forestry | 1.02% | 0.68% |
| Construction, Extraction, and Maintenance | 8.29% | 9.37% |
| Production, Transportation, and Material Moving | 29.85% | 15.86% |
The unemployment rate in Bay, AR, is 7.20%, with job growth of 2.05%. Future job growth over the next ten years is predicted to be 36.90%.
Bay, AR Taxes
Bay, AR,sales tax rate is 7.00%. Income tax is 7.00%.
Bay, AR Income and Salaries
The income per capita is $18,371, which includes all adults and children. The median household income is $41,124.
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