Nevada County, AR Economy


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United States / Arkansas / No Metro Area / Nevada County / Cities / Zip Codes
Nevada, AR County is a great place to live with a low cost of living. The average two-bedroom rent in this county is only $820 per month versus the US average of $1,430, making it one of the most affordable places to live. Grocery costs are also lower here and index at 91 compared to an index of 100 in the US. There are plenty of local companies that make living in Nevada, AR County enjoyable. These include Arkansas Valley Electric Cooperative Corporation, McClellan-Kerr Arkansas River Navigation System, Monolithic Mini Storage Units, and J&L Tire & Automotive Service. With so many options available for work and entertainment, Nevada AR County is a great place to call home.

Nevada County has an unemployment rate of 4.3%. The US average is 6.0%.

Nevada County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Nevada County
- The Sales Tax Rate for Nevada County is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Nevada 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 Nevada County
- The average income of a Nevada County resident is $18,254 a year. The US average is $28,555 a year.
- The Median household income of a Nevada County resident is $42,670 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNevada, ArkansasUnited States
  4.36
  -4.8%-6.2%
  25.6%33.5%
  8.5%6.2%
  6.9%4.6%
  $20,095$37,638
  $42,670$69,021
  $47,552$85,028
  Population by Occupation
  3.2%1.2%
  0.4%0.5%
  5.8%6.8%
  16.3%10.0%
  0.3%2.5%
  7.8%11.0%
  4.6%4.8%
  0.1%0.8%
  0.0%1.9%
  1.8%4.7%
  0.8%1.9%
  0.9%7.6%
  0.0%0.1%
  3.3%4.2%
  11.8%9.3%
  16.6%14.0%
  4.1%2.1%
  13.1%7.0%
  6.9%4.8%
  2.2%4.7%
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