Arkansas 

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Economy in Arkansas

Arkansas has an unemployment rate of 4.2%. The US average is 5.2%.

Arkansas has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 38.0%.

Tax Rates for Arkansas
- The Sales Tax Rate for Arkansas is 9.5%. The US average is 6.0%.
- The Income Tax Rate for Arkansas is 7.0%. The US average is 4.6%.

Income and Salaries for Arkansas
- The average income of a Arkansas resident is $22,595 a year. The US average is $28,555 a year.
- The Median household income of a Arkansas resident is $41,264 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYArkansas, ArkansasUnited States
  Unemployment Rate4.2%5.2%
  Recent Job Growth3.0%1.6%
  Future Job Growth41.7%38.0%
  Sales Taxes9.5%6.0%
  Income Taxes0.070.046
  Income per Cap.$22,595$28,555
  Household Income$41,264$53,482
  Family Median Income$51,464$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting2.5%1.3%
  Mining, quarrying, oil and gas extraction0.7%0.6%
  Construction6.5%6.2%
  Manufacturing13.6%10.4%
  Wholesale trade2.4%2.7%
  Retail trade13.5%11.6%
  Transportation and warehousing4.2%4.1%
  Utilities00
  Information1.7%2.1%
  Finance and insurance3.4%4.7%
  Real estate, rental, leasing1.4%1.9%
  Professional, scientific, technical services3.7%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.4%4.3%
  Educational services9.8%9.3%
  Health care and social assistance14.4%13.8%
  Arts, entertainment, recreation1.2%2.2%
  Accommodation, food services6.7%7.4%
  Other services4.8%4.9%
  Public administration4.7%4.8%
ECONOMY MAP
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    Reviews for Arkansas    28 Reviews
    Depends on where you live - 4/4/2017
    I live in a small town at the very edge of Little Rock and I love where I live. Having said that, there are places in Arkansas (especially in LR) that I would not live,... Read More

    Start Your Review of Arkansas


    School Districts - 1/6/2016
    I am seeing some reviews that Arkansas is the worst place to be for jobs, and out of all the cities Springdale is the absolute worse, the school district is made up of... Read More

    Ozark Mountains of Arkansas - 8/27/2015
    The Ozark Mountains are incredibly beautiful with abundant wildlife, rivers, creeks and lakes.... Read More


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    MAPS OF ARKANSAS
    Arkansas
    ZIP CODES IN ARKANSAS
    72401, 72764, 72034, 72712, ... 591 more

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