Cave Springs, Arkansas (72718) is a small city located in Benton County with a population of 4,427. The 2 bedroom rent in Cave Springs is $1,440 which is slightly higher than the US average of $1,430. Grocery Cost Index here in Cave Springs stands at an impressive 101 versus the national average of 100.
The local businesses are mostly small businesses such as Mason’s Market, Kelly’s Bakery & Cafe and Cave Springs Pharmacy. For larger retail stores, there are Walmart Supercenter and Tru Value Hardware nearby. Other amenities include several parks like Thaden Park with its beautiful walking trails and sports fields as well as Razorback Regional Greenway, a 36 mile long bike/hike trail along the White River. In addition to these amenities are several schools including Central Elementary School and Cave Springs High School for families looking to move into the area.
Cave Springs (zip 72718) has an unemployment rate of 3.4%. The US average is 6.0%.
Cave Springs (zip 72718) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Cave Springs (zip 72718)
- The Sales Tax Rate for Cave Springs (zip 72718) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Cave Springs (zip 72718) 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 Cave Springs (zip 72718)
- The average income of a Cave Springs (zip 72718) resident is $52,432 a year. The US average is $37,638 a year.
- The Median household income of a Cave Springs (zip 72718) resident is $129,420 a year. The US average is $69,021 a year.