Quitman, AR Economy


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United States / Arkansas / No Metro Area / Cleburne County / Quitman / Zip Codes
Quitman, AR is a great place to live and work. It has an affordable cost of living, with 2 bedroom rents being $930 per month compared to the US average of $1,430. Grocery costs are also lower than the US average, making it easier for residents to save money. Local companies in Quitman include JP Morgan Chase Bank, Walmart, and McDonald's. There are also numerous small businesses that provide excellent services for the community such as Subway restaurant, Family Dollar Stores and AT&T. With its competitive costs of living and thriving business sector, Quitman is a great place to call home.

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

Quitman has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Quitman
- The Sales Tax Rate for Quitman is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Quitman 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 Quitman
- The average income of a Quitman resident is $20,188 a year. The US average is $37,638 a year.
- The Median household income of a Quitman resident is $36,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuitman, 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%
Health
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