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Economy in Elkins, Arkansas

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyElkins, ARUnited States
Unemployment Rate5.90%9.10%
Recent Job Growth3.05%-0.12%
Future Job Growth40.20%31.25%
Sales Taxes8.25%6.80%
Income Taxes7.00%6.25%
Income per Cap.$22,989$27,067
Household Income$53,056$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.45%12.10%
Income between 15K and 25K7.39%10.18%
Income between 25K and 35K9.86%10.56%
Income between 35K and 50K18.90%14.98%
Income between 50K and 75K26.76%19.53%
Income between 75K and 100K15.96%12.52%
Income between 100K and 150K7.27%12.14%
Income between 150K and 250K1.53%3.91%
Income between 250K and 500K1.53%3.34%
Income greater than 500K0.35%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.10%13.81%
Professional and Related Occupations15.90%22.68%
Service14.52%14.51%
Sales and Office24.11%25.22%
Farming, Fishing, and Forestry0.26%0.68%
Construction, Extraction, and Maintenance12.01%9.37%
Production, Transportation, and Material Moving19.10%15.86%
Median Household Income

The unemployment rate in Elkins, AR, is 5.90%, with job growth of 3.05%. Future job growth over the next ten years is predicted to be 40.20%.

Elkins, AR Taxes

Elkins, AR,sales tax rate is 8.25%. Income tax is 7.00%.

Elkins, AR Income and Salaries

The income per capita is $22,989, which includes all adults and children. The median household income is $53,056.


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