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Carthage, AR Economy
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Carthage, AR is a small town with a population of just over 3,000 people. It is located in the heart of Arkansas and has many local attractions to offer its residents. It is well known for its low cost of living as compared to other areas in the US, evident by the fact that 2 bedroom rent in Carthage is only $500 whereas the US median is $1,430. Also, the Grocery Cost Index in Carthage is 90 versus 100 in the US.
Carthage has many local companies that help bring revenue to the city. Some of these businesses include White River Distributing, Ozark Mountain Poultry, Ozark Mountain Pecans, and Southern Star Industries. All of these businesses are based locally and provide jobs and goods for those living in or around Carthage.
Income by Population Percent
Economy
Carthage, Arkansas
United States
Unemployment Rate
4.3
6
Recent Job Growth
-0.6%
-6.2%
Future Job Growth
29.0%
33.5%
Sales Taxes
8.5%
6.2%
Income Tax
6.9%
4.6%
Income per Cap.
$19,606
$37,638
Household Income
69021
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