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Economy in Russellville, Arkansas

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyRussellville, ARUnited States
Unemployment Rate7.30%9.10%
Recent Job Growth-1.10%-0.12%
Future Job Growth30.50%31.25%
Sales Taxes8.50%6.80%
Income Taxes7.00%6.25%
Income per Cap.$19,387$27,067
Household Income$36,890$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.33%12.10%
Income between 15K and 25K15.93%10.18%
Income between 25K and 35K13.86%10.56%
Income between 35K and 50K16.35%14.98%
Income between 50K and 75K15.98%19.53%
Income between 75K and 100K9.56%12.52%
Income between 100K and 150K7.11%12.14%
Income between 150K and 250K1.45%3.91%
Income between 250K and 500K1.23%3.34%
Income greater than 500K0.20%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.22%13.81%
Professional and Related Occupations21.27%22.68%
Service16.31%14.51%
Sales and Office28.78%25.22%
Farming, Fishing, and Forestry0.80%0.68%
Construction, Extraction, and Maintenance6.16%9.37%
Production, Transportation, and Material Moving20.00%15.86%
Median Household Income

The unemployment rate in Russellville, AR, is 7.30%, with job growth of -1.10%. Future job growth over the next ten years is predicted to be 30.50%.

Russellville, AR Taxes

Russellville, AR,sales tax rate is 8.50%. Income tax is 7.00%.

Russellville, AR Income and Salaries

The income per capita is $19,387, which includes all adults and children. The median household income is $36,890.


Russellville Economy SperlingViews

Cost of Living: This small city is fairly inexpensive to live in, but the variety of housing choices is limited. Great for a young family. The employment rate is low, with a variety of... (read more)Arkansas Real Estate Training Academy: It is a great place to learn about Real Estate and how it relates to our community and lifestyle in this beautiful city of... (read more)A great place to raise kids: We have lived in Russellvile for 11 years now and love it. The cost of living is low, but so are the wages. Even with a college degree you'd make more money elsewhere.... (read more)Have an opinion about Russellville? Leave a commentTo See All SperlingViews for Russellville Click Here