Bergman, AR Economy


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Bergman, AR is a small town located near the border of Arkansas and Oklahoma with a population of 467 people. It is known for its small-town charm and close-knit community. The cost of living in Bergman is quite affordable with 2 bedroom rent averaging around $720, which is significantly less than the US average of $1430. Additionally, groceries are quite inexpensive compared to other places in the US - according to the Grocery Cost Index, it averages 94 versus 100 elsewhere. There are a variety of local businesses located in Bergman such as Bergman Food Mart, J&M Pawn & Gun Shop and Hatfield's Tire Service. Overall, Bergman offers an affordable place to live with all the benefits of living in a small town.

Bergman has an unemployment rate of 3.8%. The US average is 6.0%.

Bergman has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Bergman
- The Sales Tax Rate for Bergman is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Bergman 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 Bergman
- The average income of a Bergman resident is $21,727 a year. The US average is $37,638 a year.
- The Median household income of a Bergman resident is $52,396 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBergman, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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