Zip 71720 (Bearden, AR) Economy


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The small town of Bearden, Arkansas (71720) is a wonderful place to live. Despite its size, it still offers plenty of amenities for its residents. The average two-bedroom rent in Bearden is $640, making it much more affordable than the national average of $1,430. Additionally, groceries here are also more inexpensive with an index score of 90 compared to the US's 100. This makes living in Bearden ideal for those wanting to save money while having a quality living experience.
Bearden also has numerous local companies that help contribute to the local economy. Notable businesses include First Arkansas Bank & Trust, Farmers Supply Inc., and Big Bucks Auto Parts. In addition to these, there are multiple restaurants and shops located within and around the town offering goods for all needs. Moreover, other recreational activities such as outdoor attractions and live entertainment can be found just outside Bearden as well. All in all, 71720 Bearden has a great deal to offer its residents.

Bearden (zip 71720) has an unemployment rate of 4.5%. The US average is 6.0%.

Bearden (zip 71720) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Bearden (zip 71720)
- The Sales Tax Rate for Bearden (zip 71720) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Bearden (zip 71720) 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 Bearden (zip 71720)
- The average income of a Bearden (zip 71720) resident is $21,736 a year. The US average is $28,555 a year.
- The Median household income of a Bearden (zip 71720) resident is $50,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBearden, ArkansasUnited States
  4.56
  -1.2%-6.2%
  24.7%33.5%
  9.5%6.2%
  6.9%4.6%
  $25,810$37,638
  $50,464$69,021
  $65,441$85,028
  Population by Occupation
  2.5%1.2%
  5.2%0.5%
  0.0%6.8%
  30.5%10.0%
  2.7%2.5%
  2.3%11.0%
  6.3%4.8%
  1.7%0.8%
  0.0%1.9%
  1.4%4.7%
  1.7%1.9%
  0.9%7.6%
  0.0%0.1%
  0.4%4.2%
  13.4%9.3%
  18.1%14.0%
  0.0%2.1%
  1.8%7.0%
  0.0%4.8%
  11.2%4.7%
Health