72414 Black Oak, AR is a great place to live with an affordable cost of living. The average 2 bedroom rent in 72414 Black Oak, AR is just $760 per month, which is about half the national average. In addition, the grocery cost index of 72414 Black Oak is 92 compared to 100 nationally. This makes it easier on your budget when grocery shopping. There are plenty of local companies in 72414 Black Oak including McBryde Lumber Co., Arkansas Best Corporation and Evergreen Packaging LLC that provide employment opportunities for residents. With a budget of around $1,000 per month you can easily find comfortable and affordable living in 72414 Black Oak.
Black Oak (zip 72414) has an unemployment rate of 3.9%. The US average is 6.0%.
Black Oak (zip 72414) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Black Oak (zip 72414)
- The Sales Tax Rate for Black Oak (zip 72414) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Black Oak (zip 72414) 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 Black Oak (zip 72414)
- The average income of a Black Oak (zip 72414) resident is $22,410 a year. The US average is $37,638 a year.
- The Median household income of a Black Oak (zip 72414) resident is $39,375 a year. The US average is $69,021 a year.