Jennette, AR Economy


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Jennette, AR is a small rural town in Arkansas with a population of roughly 1,000 people. It has many local businesses that provide jobs to the locals such as gas stations, grocery stores, and restaurants. The cost of living in Jennette is relatively low compared to the US as a whole - 2 bedroom rent is around $850 compared to $1,430 nationally and the Grocery Cost Index (100 being average) is set at 96 compared to the US's 100. Despite its size, Jennette offers its residents access to numerous amenities that make life more comfortable. There are plenty of opportunities for recreation including nature walks and parks for children or those seeking solace from busy city life.

Jennette has an unemployment rate of 5.8%. The US average is 6.0%.

Jennette has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Jennette
- The Sales Tax Rate for Jennette is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Jennette 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 Jennette
- The average income of a Jennette resident is $15,632 a year. The US average is $28,555 a year.
- The Median household income of a Jennette resident is $45,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJennette, ArkansasUnited States
  5.86
  -4.3%-6.2%
  32.0%33.5%
  8.5%6.2%
  6.9%4.6%
  $33,909$37,638
  $45,938$69,021
  $45,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.3%6.8%
  17.2%10.0%
  0.0%2.5%
  0.0%11.0%
  17.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  10.3%4.2%
  31.0%9.3%
  10.3%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  3.4%4.7%
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