Tinsman, AR Economy


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Tinsman, AR is a small town located in the northeast of Arkansas. It is a great place to live with affordable rent and prices at the grocery store. Rent for a two bedroom apartment in Tinsman averages around $720 compared to the national average of $1,430. The cost of groceries in Tinsman is 92 on the US Grocery Cost Index versus 100 across the US. Local companies include Tinsman Tire Service, that specializes in tire repair and servicing, JB's Automotive Repair Shop for all car needs, and Hometown Hardware for all construction needs. For entertainment there are plenty of outdoor activities such as fishing at Lake Dardanelle and hiking trails at Blue Mountain Lake State Park.

Tinsman has an unemployment rate of 4.0%. The US average is 6.0%.

Tinsman has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Tinsman
- The Sales Tax Rate for Tinsman is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Tinsman 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 Tinsman
- The average income of a Tinsman resident is $19,663 a year. The US average is $28,555 a year.
- The Median household income of a Tinsman resident is $34,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTinsman, ArkansasUnited States
  46
  -1.2%-6.2%
  21.7%33.5%
  9.0%6.2%
  6.9%4.6%
  $14,539$37,638
  $34,583$69,021
  $46,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.1%6.8%
  9.1%10.0%
  0.0%2.5%
  9.1%11.0%
  45.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  18.2%7.0%
  0.0%4.8%
  9.1%4.7%
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