Zip 72416 (Bono, AR) Economy


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72416 Bono, AR is a great place to call home. It offers affordable rent in the area at an average of $780 for a two-bedroom apartment, way below the national average of $1,430. Similarly, grocery costs are also lower than the U.S. average with a Grocery Cost Index of 93 compared to 100. There are plenty of local companies in Bono that offer wonderful opportunities for work and entertainment such as Wal-Mart Supercenter, Family Dollar, and La Michoacana Meat Market. All these sources provide excellent services that contribute to the liveliness of this area.

Bono (zip 72416) has an unemployment rate of 3.9%. The US average is 6.0%.

Bono (zip 72416) 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 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Bono (zip 72416)
- The Sales Tax Rate for Bono (zip 72416) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bono (zip 72416) 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 Bono (zip 72416)
- The average income of a Bono (zip 72416) resident is $18,591 a year. The US average is $28,555 a year.
- The Median household income of a Bono (zip 72416) resident is $58,622 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBono, ArkansasUnited States
  3.96
  -3.4%-6.2%
  40.9%33.5%
  7.5%6.2%
  6.9%4.6%
  $28,060$37,638
  $58,622$69,021
  $73,203$85,028
  Population by Occupation
  5.2%1.2%
  0.0%0.5%
  11.2%6.8%
  8.5%10.0%
  2.5%2.5%
  12.6%11.0%
  5.4%4.8%
  1.9%0.8%
  0.8%1.9%
  2.2%4.7%
  2.2%1.9%
  2.5%7.6%
  0.2%0.1%
  2.1%4.2%
  14.8%9.3%
  15.9%14.0%
  0.6%2.1%
  5.7%7.0%
  2.0%4.8%
  3.8%4.7%
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