Economy in Magnolia Metro Area, Arkansas
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| Unemployment Rate | 7.70% | 8.60% |
| Recent Job Growth | -1.10% | 0.35% |
| Future Job Growth | 30.10% | 32.10% |
| Sales Taxes | 9.63% | 5.00% |
| Income Taxes | 7.00% | 4.70% |
| Income per Cap. | $21,281 | $26,154 |
| Household Income | $36,453 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 21.81% | 12.37% |
| Income between 15K and 25K | 13.79% | 10.53% |
| Income between 25K and 35K | 12.96% | 10.88% |
| Income between 35K and 50K | 13.76% | 15.37% |
| Income between 50K and 75K | 17.14% | 20.14% |
| Income between 75K and 100K | 9.84% | 12.41% |
| Income between 100K and 150K | 7.44% | 11.27% |
| Income between 150K and 250K | 2.27% | 5.01% |
| Income between 250K and 500K | 0.91% | 1.86% |
| Income greater than 500K | 0.07% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.86% | 14.04% |
| Professional and Related Occupations | 17.42% | 20.61% |
| Service | 14.82% | 14.45% |
| Sales and Office | 22.50% | 26.75% |
| Farming, Fishing, and Forestry | 1.67% | 0.70% |
| Construction, Extraction, and Maintenance | 10.92% | 9.42% |
| Production, Transportation, and Material Moving | 22.83% | 14.05% |
The unemployment rate in Magnolia Metro Area, AR, is 7.70%, with job growth of -1.10%. Future job growth over the next ten years is predicted to be 30.10%.
Magnolia Metro Area, AR Taxes
Magnolia Metro Area, AR,sales tax rate is 9.63%. Income tax is 7.00%.
Magnolia Metro Area, AR Income and Salaries
The income per capita is $21,281, which includes all adults and children. The median household income is $36,453.
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