Gilbert, AR Economy


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United States / Arkansas / No Metro Area / Searcy County / Gilbert / Zip Codes
Gilbert, AR is a small town located in Arkansas that offers a peaceful, tranquil lifestyle. The cost of living is significantly lower than the rest of the United States with two bedroom rent at $680 compared to $1,430 for the US. Grocery Cost Index in Gilbert is also lower than that of the US with an index of 100 versus 100.
The town has many local businesses such as Gilbert Barbeque, Moore's Feed Store and Denson Groceries that provide goods and services to locals. It also has numerous amenities like parks and recreational areas that are perfect for outdoor activities like hiking or picnics. The town even boasts being home to the first National Fish Hatchery which was established in 1903.
Overall, Gilbert AR provides its residents with a high quality of life with its low-cost living and abundance of local resources available. With its beautiful landscape and friendly people, it is a great place to live.

Gilbert has an unemployment rate of 5.0%. The US average is 6.0%.

Gilbert has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Gilbert
- The Sales Tax Rate for Gilbert is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbert 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 Gilbert
- The average income of a Gilbert resident is $21,506 a year. The US average is $28,555 a year.
- The Median household income of a Gilbert resident is $80,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilbert, ArkansasUnited States
  56
  -2.7%-6.2%
  18.9%33.5%
  9.0%6.2%
  6.9%4.6%
  $55,820$37,638
  $80,625$69,021
Family Median Income 85028
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