Jericho, AR Economy


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Jericho, AR is an unincorporated community located in Desha County in the state of Arkansas. With a population of around 300 people it is a small but vibrant town. The median rent for a two bedroom home is $850, which is much lower than the US average of $1,430 for similar properties. Grocery costs are also lower than average with the grocery cost index at 96 versus 100 in the US.
Residents of Jericho have access to services such as medical care provided by Arkansas Heart Hospital and dental care from Delta Dental. The town also has two local churches - Jericho Missionary Baptist Church and New Bethel Missionary Baptist Church - as well as its own post office and library. Businesses located in Jericho include convenience stores like Kimbroughs Grocery Store and Rakes Country Store, automotive repair services at Bobs Auto Care and lumber sales at King Lumber Co., Inc.

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

Jericho has seen the job market decrease by -4.3% 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 Jericho
- The Sales Tax Rate for Jericho is 10.8%. The US average is 7.3%.
- The Income Tax Rate for Jericho 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 Jericho
- The average income of a Jericho resident is $31,186 a year. The US average is $37,638 a year.
- The Median household income of a Jericho resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJericho, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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