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Economy in Lowell, Arkansas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyLowell, ARUnited States
Unemployment Rate6.20%9.10%
Recent Job Growth3.15%-0.12%
Future Job Growth40.10%31.25%
Sales Taxes9.00%6.80%
Income Taxes7.00%6.25%
Income per Cap.$28,860$27,067
Household Income$65,855$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K7.11%12.10%
Income between 15K and 25K5.21%10.18%
Income between 25K and 35K7.11%10.56%
Income between 35K and 50K14.18%14.98%
Income between 50K and 75K25.77%19.53%
Income between 75K and 100K16.97%12.52%
Income between 100K and 150K15.11%12.14%
Income between 150K and 250K4.48%3.91%
Income between 250K and 500K3.48%3.34%
Income greater than 500K0.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations18.37%13.81%
Professional and Related Occupations20.31%22.68%
Service8.90%14.51%
Sales and Office29.33%25.22%
Farming, Fishing, and Forestry0.32%0.68%
Construction, Extraction, and Maintenance7.84%9.37%
Production, Transportation, and Material Moving14.38%15.86%
Median Household Income

The unemployment rate in Lowell, AR, is 6.20%, with job growth of 3.15%. Future job growth over the next ten years is predicted to be 40.10%.

Lowell, AR Taxes

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

Lowell, AR Income and Salaries

The income per capita is $28,860, which includes all adults and children. The median household income is $65,855.


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