Prattsville, AR Economy


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Prattsville, AR is a small town near Little Rock that offers an affordable cost of living. The 2 bedroom rent in Prattsville is half of what it costs on average in the US making it an ideal place for budget-minded folks to get started. Even the grocery costs are lower than the national average with an index of 92 versus 100. With its small-town charm and friendly people, Prattsville is a great option for those looking for a laid-back lifestyle in Arkansas. Local businesses like Big Creek Foods and D&D Realty offer goods and services at reasonable prices. Prattsville also has plenty of outdoor activities with nearby rivers and parks such as Millwood State Park, which makes it perfect for boating, fishing, camping, or just taking a peaceful stroll through nature. Overall, Prattsville's affordability and quality of life make it a desirable place to live.

Prattsville has an unemployment rate of 3.7%. The US average is 6.0%.

Prattsville has seen the job market decrease by -0.2% 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 Prattsville
- The Sales Tax Rate for Prattsville is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Prattsville 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 Prattsville
- The average income of a Prattsville resident is $18,111 a year. The US average is $28,555 a year.
- The Median household income of a Prattsville resident is $40,795 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPrattsville, ArkansasUnited States
  3.76
  -4.5%-6.2%
  30.7%33.5%
  7.5%6.2%
  6.9%4.6%
  $28,580$37,638
  $40,795$69,021
Family Median Income 85028
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