Economy in Lake City, 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 | 7.50% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $19,575 | $27,067 |
| Household Income | $40,162 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 14.34% | 12.10% |
| Income between 15K and 25K | 14.21% | 10.18% |
| Income between 25K and 35K | 14.84% | 10.56% |
| Income between 35K and 50K | 18.87% | 14.98% |
| Income between 50K and 75K | 22.14% | 19.53% |
| Income between 75K and 100K | 6.42% | 12.52% |
| Income between 100K and 150K | 6.29% | 12.14% |
| Income between 150K and 250K | 2.26% | 3.91% |
| Income between 250K and 500K | 0.50% | 3.34% |
| Income greater than 500K | 0.13% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.43% | 13.81% |
| Professional and Related Occupations | 18.07% | 22.68% |
| Service | 12.39% | 14.51% |
| Sales and Office | 28.64% | 25.22% |
| Farming, Fishing, and Forestry | 2.61% | 0.68% |
| Construction, Extraction, and Maintenance | 8.41% | 9.37% |
| Production, Transportation, and Material Moving | 29.20% | 15.86% |
The unemployment rate in Lake City, AR, is 7.20%, with job growth of 2.05%. Future job growth over the next ten years is predicted to be 36.90%.
Lake City, AR Taxes
Lake City, AR,sales tax rate is 7.50%. Income tax is 7.00%.
Lake City, AR Income and Salaries
The income per capita is $19,575, which includes all adults and children. The median household income is $40,162.
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