Zip 72616 (Berryville, AR) Economy


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United States / Arkansas / No Metro Area / Carroll County / Berryville / Berryville (zip 72616)
Berryville, AR is a small town located in Carroll County. It has a population of just under 6,500 people, making it a great place for those who are looking for a quiet, peaceful community to live in. The 2 bedroom rent in Berryville is significantly lower than the US average at only $720. The grocery cost index is also more attractive than the US average at 94 versus 100.
When it comes to local businesses and services, Berryville has plenty of options. There are several restaurants like the Apple Blossom Inn and D’Vine Wine Bar & Grill where locals can enjoy meals with friends and family. Local shopping can be done at Grandma's Attic or H&H Pawn & Gun where you can find anything from furniture to firearms. For medical care, local residents can turn to Berryville Family Practice or Pressley Family Medical Clinic. All in all, Berryville is a great town that offers affordable living with plenty of amenities nearby.

Berryville (zip 72616) has an unemployment rate of 4.6%. The US average is 6.0%.

Berryville (zip 72616) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Berryville (zip 72616)
- The Sales Tax Rate for Berryville (zip 72616) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Berryville (zip 72616) 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 Berryville (zip 72616)
- The average income of a Berryville (zip 72616) resident is $19,309 a year. The US average is $28,555 a year.
- The Median household income of a Berryville (zip 72616) resident is $58,064 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerryville, ArkansasUnited States
  4.66
  -3.5%-6.2%
  30.7%33.5%
  7.0%6.2%
  6.9%4.6%
  $29,850$37,638
  $58,064$69,021
  $65,621$85,028
  Population by Occupation
  12.0%1.2%
  0.0%0.5%
  9.4%6.8%
  28.6%10.0%
  0.2%2.5%
  5.9%11.0%
  1.7%4.8%
  3.1%0.8%
  1.4%1.9%
  6.6%4.7%
  0.4%1.9%
  2.3%7.6%
  0.4%0.1%
  1.0%4.2%
  10.0%9.3%
  7.2%14.0%
  1.8%2.1%
  2.4%7.0%
  3.8%4.8%
  1.8%4.7%
Reviews for Berryville
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Over 4 years ago

I've lived here for about 6 minutes now. I was mugged twice and got kicked in the shins. This place is fairly non-enjoyable and boring at  More

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Over 17 years ago

The Smith Hayes subdivision of the ceity of Berryville is fast becoming a slum area and has largely been abandoned by local  More

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