Lonoke County, AR Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Lonoke, AR County is a great place to live and work. The county offers many amenities including local companies such as Lonoke Home Builders, Pizza Hut and Arkansas Federal Credit Union. The cost of living in the area is quite affordable with 2 bedroom rent at $920 versus the US average of $1,430. Additionally, grocery costs in the area are much lower than the US average with an index of only 95 compared to 100 across the country. It's no wonder why so many people are choosing to make Lonoke County their new home.

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

Lonoke County 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 32.3%, which is lower than the US average of 33.5%.

Tax Rates for Lonoke County
- The Sales Tax Rate for Lonoke County is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Lonoke County 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 Lonoke County
- The average income of a Lonoke County resident is $30,370 a year. The US average is $37,638 a year.
- The Median household income of a Lonoke County resident is $62,561 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLonoke, 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

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.