Arp, TX Economy


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Arp, TX is a small town located in Smith County. It is a great destination for people looking for rural living that is still close to large cities such as Tyler and Longview. Living in Arp, TX can be quite affordable as the 2 bedroom rent is roughly $910 compared to the US average of $1,430. Grocery shopping can also prove to be economical with an index score of 93 compared to the national score of 100. With its proximity to larger cities and affordability of living costs, Arp, TX makes an excellent choice for those seeking rural life without the financial sacrifice. Locally owned companies such as Arp Hardware & Supply, Arp Animal Clinic, and Arp Country Store contribute greatly to this small community.

Arp has an unemployment rate of 6.5%. The US average is 6.0%.

Arp has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Arp
- The Sales Tax Rate for Arp is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Arp is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Arp
- The average income of a Arp resident is $26,960 a year. The US average is $28,555 a year.
- The Median household income of a Arp resident is $52,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArp, TexasUnited States
  6.56
  -3.3%-6.2%
  36.4%33.5%
  6.8%6.2%
  0.0%4.6%
  $20,353$37,638
  $52,875$69,021
  $75,000$85,028
  Population by Occupation
  2.2%1.2%
  5.5%0.5%
  22.1%6.8%
  7.8%10.0%
  0.2%2.5%
  15.5%11.0%
  2.5%4.8%
  1.0%0.8%
  0.3%1.9%
  5.5%4.7%
  1.2%1.9%
  1.8%7.6%
  0.0%0.1%
  2.2%4.2%
  6.7%9.3%
  16.3%14.0%
  0.2%2.1%
  2.7%7.0%
  5.7%4.8%
  0.8%4.7%
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