Piggott, AR Economy


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United States / Arkansas / No Metro Area / Clay County / Piggott / Zip Codes
Piggott, AR is an affordable town to live in with the average 2 bedroom rent being $700 which is much lower compared to the US average of $1,430. The Grocery Cost Index is also lower in Piggott with a 93 index versus 100 in the US. This makes Piggott a great place for those who are looking for value for their money. There are several local companies that call Piggott home such as Riceland Rice Mill and Walmart Distribution Center. Other than rent, the overall cost of living is quite low making it easy to save money while living comfortably in Piggott.

Piggott has an unemployment rate of 5.2%. The US average is 6.0%.

Piggott has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.

Tax Rates for Piggott
- The Sales Tax Rate for Piggott is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Piggott 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 Piggott
- The average income of a Piggott resident is $17,899 a year. The US average is $28,555 a year.
- The Median household income of a Piggott resident is $39,731 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiggott, ArkansasUnited States
  5.26
  -3.9%-6.2%
  10.6%33.5%
  10.0%6.2%
  6.9%4.6%
  $22,819$37,638
  $39,731$69,021
  $43,013$85,028
  Population by Occupation
  4.6%1.2%
  0.4%0.5%
  3.8%6.8%
  9.0%10.0%
  3.7%2.5%
  15.9%11.0%
  6.1%4.8%
  1.3%0.8%
  2.9%1.9%
  6.1%4.7%
  0.7%1.9%
  0.4%7.6%
  0.0%0.1%
  0.0%4.2%
  9.8%9.3%
  16.3%14.0%
  0.4%2.1%
  6.3%7.0%
  7.9%4.8%
  4.4%4.7%
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