Stephens, AR Economy


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Stephens, AR is an affordable small city located in Arkansas. It has a population of about 900 people. The average 2 bedroom rent in Stephens is $590, which is significantly lower than the national average of $1,430. Similarly, grocery costs are comparatively lower than the US with an index of 90 versus 100 in the US. Local companies include Stephens Hardware and Supply, Dairy Queen, and Stephens Grocery Store. All three offer quality products and services to residents and visitors alike that contribute to making Stephens an ideal place to live and visit.

Stephens has an unemployment rate of 4.5%. The US average is 6.0%.

Stephens 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 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Stephens
- The Sales Tax Rate for Stephens is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Stephens 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 Stephens
- The average income of a Stephens resident is $13,702 a year. The US average is $28,555 a year.
- The Median household income of a Stephens resident is $31,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStephens, ArkansasUnited States
  4.56
  -1.2%-6.2%
  24.7%33.5%
  9.5%6.2%
  6.9%4.6%
  $15,389$37,638
  $31,111$69,021
  $34,397$85,028
  Population by Occupation
  0.0%1.2%
  3.2%0.5%
  3.9%6.8%
  22.9%10.0%
  0.0%2.5%
  2.5%11.0%
  8.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  3.9%9.3%
  12.9%14.0%
  0.0%2.1%
  3.9%7.0%
  28.6%4.8%
  8.2%4.7%
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