Jonesboro, AR, located in zip code 72401, is a great place for those looking for affordable living. According to recent data, the two-bedroom rent in Jonesboro is $800 per month, which is much lower than the national average of $1,430. Additionally, groceries are also more affordable in this area - the Grocery Cost Index in this zip code is 94 versus the national average of 100.
Jonesboro is home to several companies that provide a range of services both nationally and locally. Walmart has a presence here, offering groceries and home goods at affordable prices. Another local company is Cross County Bank which provides banking services such as checking accounts and loans to individuals and businesses in the area. There are many other companies based in Jonesboro that offer essential services such as healthcare, construction, retail and more. All of these firms contribute to the vibrant economy of this city.
Jonesboro (zip 72401) has an unemployment rate of 4.1%. The US average is 6.0%.
Jonesboro (zip 72401) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Tax Rates for Jonesboro (zip 72401)
- The Sales Tax Rate for Jonesboro (zip 72401) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Jonesboro (zip 72401) 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 Jonesboro (zip 72401)
- The average income of a Jonesboro (zip 72401) resident is $19,348 a year. The US average is $28,555 a year.
- The Median household income of a Jonesboro (zip 72401) resident is $40,461 a year. The US average is $69,021 a year.