Woodson, AR Economy


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Woodson, AR is a small town located in the Ozark Mountains of Northwest Arkansas. It is known for its scenic beauty, friendly people, and lower cost of living than most places in the country. Woodson is home to a variety of local businesses that provide essential services to the community such as grocery stores, restaurants, gas stations and hardware stores. The two bedroom rent in Woodson is only $810 per month which puts it at almost half the national average of $1,430 per month making it an affordable place to live. The Grocery Cost Index for Woodson stands at 96 compared to 100 nationally so residents can enjoy food prices that are lower than most places in the country. All in all, Woodson is a great place to live with plenty of services offered at an affordable price.

Woodson has an unemployment rate of 5.7%. The US average is 6.0%.

Woodson has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Woodson
- The Sales Tax Rate for Woodson is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Woodson 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 Woodson
- The average income of a Woodson resident is $10,408 a year. The US average is $37,638 a year.
- The Median household income of a Woodson resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodson, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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