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 -0.7% 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 $18,743 a year. The US average is $28,555 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
  3.86
  -4.0%-6.2%
  26.0%33.5%
  7.8%6.2%
  6.9%4.6%
  $21,727$37,638
  $52,396$69,021
  $63,500$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  9.8%6.8%
  23.5%10.0%
  2.1%2.5%
  20.7%11.0%
  6.1%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.9%1.9%
  1.5%7.6%
  0.0%0.1%
  0.0%4.2%
  4.0%9.3%
  14.9%14.0%
  0.0%2.1%
  4.3%7.0%
  1.8%4.8%
  6.1%4.7%
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