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Economy in Greenwood, Arkansas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyGreenwood, ARUnited States
Unemployment Rate8.10%9.10%
Recent Job Growth2.40%-0.12%
Future Job Growth36.70%31.25%
Sales Taxes9.00%6.80%
Income Taxes7.00%6.25%
Income per Cap.$20,999$27,067
Household Income$47,026$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.00%12.10%
Income between 15K and 25K11.78%10.18%
Income between 25K and 35K13.79%10.56%
Income between 35K and 50K20.69%14.98%
Income between 50K and 75K22.19%19.53%
Income between 75K and 100K11.55%12.52%
Income between 100K and 150K10.08%12.14%
Income between 150K and 250K0.68%3.91%
Income between 250K and 500K0.94%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.46%13.81%
Professional and Related Occupations21.09%22.68%
Service15.51%14.51%
Sales and Office24.15%25.22%
Farming, Fishing, and Forestry0.00%0.68%
Construction, Extraction, and Maintenance11.92%9.37%
Production, Transportation, and Material Moving25.32%15.86%
Median Household Income

The unemployment rate in Greenwood, AR, is 8.10%, with job growth of 2.40%. Future job growth over the next ten years is predicted to be 36.70%.

Greenwood, AR Taxes

Greenwood, AR,sales tax rate is 9.00%. Income tax is 7.00%.

Greenwood, AR Income and Salaries

The income per capita is $20,999, which includes all adults and children. The median household income is $47,026.


Greenwood Economy SperlingViews

Hot, Humid Summers: Miserable unless you are on the... (read more)Great place to raise a family.: We lived in Greenwood for five years, and our children loved it. The schools are wonderful. Fort Smith is a 30 minute drive to resturants and shopping. The employment... (read more)Have an opinion about Greenwood? Leave a commentTo See All SperlingViews for Greenwood Click Here