Centerton, AR Economy


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Centerton, AR is an attractive place to live and work because of its low cost of living. The average 2 bedroom rent in the city is $1,180 which is much lower than the national average of $1,430. This affordability extends to groceries as well, with the Grocery Cost Index in Centerton being 98 compared to 100 in the US. Outside of budgeting considerations, there are many things that make Centerton a great place to call home. Whether it's enjoying outdoor activities at Spring Park or shopping at local stores like Harps Food Store, there's something for everyone in this charming city.

Centerton has an unemployment rate of 3.4%. The US average is 6.0%.

Centerton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.

Tax Rates for Centerton
- The Sales Tax Rate for Centerton is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Centerton 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 Centerton
- The average income of a Centerton resident is $24,859 a year. The US average is $28,555 a year.
- The Median household income of a Centerton resident is $90,793 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCenterton, ArkansasUnited States
  3.46
  -1.3%-6.2%
  46.9%33.5%
  9.5%6.2%
  6.9%4.6%
  $42,785$37,638
  $90,793$69,021
  $101,145$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.4%6.8%
  10.2%10.0%
  5.2%2.5%
  28.5%11.0%
  4.6%4.8%
  0.4%0.8%
  0.5%1.9%
  5.6%4.7%
  1.0%1.9%
  4.5%7.6%
  0.5%0.1%
  3.0%4.2%
  7.5%9.3%
  10.2%14.0%
  0.9%2.1%
  6.9%7.0%
  3.7%4.8%
  2.0%4.7%
Reviews for Centerton
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In this comment area, I am mainly speaking about Centerton/Bentonville/Rogers area of Northwest Arkansas. Here, life is decent. The climate is humid but tolerable,  More

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