Economy in Corning, Arkansas
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Economy
| Unemployment Rate | 14.10% | 9.10% |
| Recent Job Growth | -1.74% | -0.12% |
| Future Job Growth | 22.42% | 31.25% |
| Sales Taxes | 8.50% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $14,537 | $27,067 |
| Household Income | $25,236 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 30.79% | 12.10% |
| Income between 15K and 25K | 18.88% | 10.18% |
| Income between 25K and 35K | 16.85% | 10.56% |
| Income between 35K and 50K | 15.40% | 14.98% |
| Income between 50K and 75K | 11.04% | 19.53% |
| Income between 75K and 100K | 4.43% | 12.52% |
| Income between 100K and 150K | 1.31% | 12.14% |
| Income between 150K and 250K | 0.07% | 3.91% |
| Income between 250K and 500K | 1.16% | 3.34% |
| Income greater than 500K | 0.07% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 7.43% | 13.81% |
| Professional and Related Occupations | 18.14% | 22.68% |
| Service | 11.38% | 14.51% |
| Sales and Office | 21.78% | 25.22% |
| Farming, Fishing, and Forestry | 2.83% | 0.68% |
| Construction, Extraction, and Maintenance | 9.81% | 9.37% |
| Production, Transportation, and Material Moving | 34.50% | 15.86% |
The unemployment rate in Corning, AR, is 14.10%, with job growth of -1.74%. Future job growth over the next ten years is predicted to be 22.42%.
Corning, AR Taxes
Corning, AR,sales tax rate is 8.50%. Income tax is 7.00%.
Corning, AR Income and Salaries
The income per capita is $14,537, which includes all adults and children. The median household income is $25,236.
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