Gurdon, AR Economy


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Gurdon, AR is a city located in Clark County in southern Arkansas. With a population of about 2,000 people, Gurdon is known for its affordability and friendly atmosphere. The cost of living in Gurdon is 8% lower than the national average, making it an attractive option for those looking for a quiet town with an affordable lifestyle. The average two bedroom rent in Gurdon is $660 compared to the national average of $1,430 while the Grocery Cost Index is 93 versus 100 in the US.
Gurdon has several local businesses that make up its small-town economy. These include grocery stores such as Piggly Wiggly and Dollar General, restaurants like Danny's Catfish House and Hibachi Grill & Supreme Buffet as well as companies like Murphy Oil Corporation and Southern Bancorp Community Partners. There are also some smaller businesses including retail stores, salons and auto repair shops that offer goods and services to locals.
Overall, Gurdon offers an attractive combination of affordability and hometown charm that make it a great place to live or visit for those looking for a peaceful getaway in Arkansas. With lower than average housing costs and grocery bills plus local businesses that provide goods and services to the community, Gurdon has everything needed for an enjoyable stay with plenty of money left over at the end of each month!

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

Gurdon has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Gurdon
- The Sales Tax Rate for Gurdon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Gurdon 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 Gurdon
- The average income of a Gurdon resident is $18,551 a year. The US average is $37,638 a year.
- The Median household income of a Gurdon resident is $37,386 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGurdon, 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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