Located in Canehill, Arkansas, 72717 is an ideal place to live for those looking for an affordable lifestyle. The average two bedroom rent is $880 per month - almost half the national average of $1,430 - making it a great choice for those on a budget. Furthermore, grocery costs are even more affordable in Canehill than they are across the US, with a Grocery Cost Index of 98 versus 100 nationally. Local companies also thrive here, providing economic opportunities and services to residents. Popular employers include Tyson Foods Inc., Walmart Stores Inc., and JB Hunt Transportation Services Inc., among others. A chart outlining the cost of living in Canehill compared to other cities can be seen below: \n| Cost Type | 72717 Canehill | US Average |\n|-----------|----------------|------------|\n| 2 Bedroom Rent |$880 |$1,430 | \n| Grocery Cost Index | 98 | 100 |
Canehill (zip 72717) has an unemployment rate of 3.5%. The US average is 6.0%.
Canehill (zip 72717) 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 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Canehill (zip 72717)
- The Sales Tax Rate for Canehill (zip 72717) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Canehill (zip 72717) 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 Canehill (zip 72717)
- The average income of a Canehill (zip 72717) resident is $23,392 a year. The US average is $37,638 a year.
- The Median household income of a Canehill (zip 72717) resident is $54,612 a year. The US average is $69,021 a year.