Economy in Magnolia, Arkansas
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | 1.03% | -0.12% |
| Future Job Growth | 33.16% | 31.25% |
| Sales Taxes | 9.63% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $19,173 | $27,067 |
| Household Income | $32,062 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 24.76% | 12.10% |
| Income between 15K and 25K | 14.86% | 10.18% |
| Income between 25K and 35K | 14.79% | 10.56% |
| Income between 35K and 50K | 12.72% | 14.98% |
| Income between 50K and 75K | 15.39% | 19.53% |
| Income between 75K and 100K | 7.38% | 12.52% |
| Income between 100K and 150K | 6.70% | 12.14% |
| Income between 150K and 250K | 1.54% | 3.91% |
| Income between 250K and 500K | 1.39% | 3.34% |
| Income greater than 500K | 0.48% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.11% | 13.81% |
| Professional and Related Occupations | 25.29% | 22.68% |
| Service | 17.16% | 14.51% |
| Sales and Office | 25.62% | 25.22% |
| Farming, Fishing, and Forestry | 0.96% | 0.68% |
| Construction, Extraction, and Maintenance | 5.96% | 9.37% |
| Production, Transportation, and Material Moving | 14.62% | 15.86% |
The unemployment rate in Magnolia, AR, is 8.90%, with job growth of 1.03%. Future job growth over the next ten years is predicted to be 33.16%.
Magnolia, AR Taxes
Magnolia, AR,sales tax rate is 9.63%. Income tax is 7.00%.
Magnolia, AR Income and Salaries
The income per capita is $19,173, which includes all adults and children. The median household income is $32,062.
Magnolia Economy SperlingViews
Magnolia's Population: Magnolia has a population of 11,766 according to the city of Magnolia, Arkansas' official website... (read more)things to do in magnolia: my family and i moved here from shreveport,la to be close to my mom.it was okay for the first couple of months,but after visiting ,mosquito breeding ground logoly state... (read more)New Medical Center: The city of Magnolia is now building a new hospital called the Magnolia Regional Medical... (read more)Have an opinion about Magnolia? Leave a commentTo See All SperlingViews for Magnolia Click Here
