Guy, AR Economy


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Guy, AR is an ideal location for those looking for an affordable place to live. With a 2 bedroom rent of just $910 compared to the US’s average 2 bedroom rent of $1,430, those looking for a place to call home can find a great deal in Guy. The grocery cost index in Guy is also very competitive at 96 compared to the US at 100; this makes Guy an even more attractive option for potential newcomers. Local companies such as Arkansas Best Corporation and Halberd Corporation have their headquarters in Guy, providing employment opportunities and contributing to its economy. The cost of living in Guy is significantly cheaper than the US making it a great place for those looking for a more affordable lifestyle.

Guy has an unemployment rate of 4.2%. The US average is 6.0%.

Guy has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Guy
- The Sales Tax Rate for Guy is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Guy is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Guy
- The average income of a Guy resident is $17,251 a year. The US average is $28,555 a year.
- The Median household income of a Guy resident is $59,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuy, ArkansasUnited States
  4.26
  -4.5%-6.2%
  32.7%33.5%
  8.5%6.2%
  6.9%4.6%
  $28,458$37,638
  $59,792$69,021
  $66,912$85,028
  Population by Occupation
  0.0%1.2%
  2.9%0.5%
  13.5%6.8%
  7.3%10.0%
  2.9%2.5%
  10.2%11.0%
  3.7%4.8%
  0.0%0.8%
  4.0%1.9%
  5.8%4.7%
  4.0%1.9%
  5.8%7.6%
  0.0%0.1%
  2.6%4.2%
  13.1%9.3%
  15.7%14.0%
  0.0%2.1%
  1.5%7.0%
  5.1%4.8%
  1.8%4.7%
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