Economy in Farmington, Arkansas
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Economy
| Unemployment Rate | 5.90% | 9.10% |
| Recent Job Growth | 3.05% | -0.12% |
| Future Job Growth | 40.20% | 31.25% |
| Sales Taxes | 9.25% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $21,799 | $27,067 |
| Household Income | $48,167 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.87% | 12.10% |
| Income between 15K and 25K | 11.98% | 10.18% |
| Income between 25K and 35K | 12.20% | 10.56% |
| Income between 35K and 50K | 15.94% | 14.98% |
| Income between 50K and 75K | 23.75% | 19.53% |
| Income between 75K and 100K | 12.20% | 12.52% |
| Income between 100K and 150K | 9.34% | 12.14% |
| Income between 150K and 250K | 1.98% | 3.91% |
| Income between 250K and 500K | 0.60% | 3.34% |
| Income greater than 500K | 0.11% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.66% | 13.81% |
| Professional and Related Occupations | 21.08% | 22.68% |
| Service | 14.11% | 14.51% |
| Sales and Office | 29.83% | 25.22% |
| Farming, Fishing, and Forestry | 0.58% | 0.68% |
| Construction, Extraction, and Maintenance | 9.96% | 9.37% |
| Production, Transportation, and Material Moving | 18.42% | 15.86% |
The unemployment rate in Farmington, AR, is 5.90%, with job growth of 3.05%. Future job growth over the next ten years is predicted to be 40.20%.
Farmington, AR Taxes
Farmington, AR,sales tax rate is 9.25%. Income tax is 7.00%.
Farmington, AR Income and Salaries
The income per capita is $21,799, which includes all adults and children. The median household income is $48,167.
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