Cave City, Arkansas is a small town located in Sharp County with a population of 1,402 as of the 2010 census. It is known for its ample opportunities to explore natural caves along the Big Creek River and local hiking trails. The city has plenty to offer in terms of culture and art, with two art galleries featuring local artists’ work on display. The median 2 bedroom rent in Cave City is $730, significantly lower than the US median which is $1,430 according to the Census Bureau. Additionally, the Grocery Cost Index in Cave City stands at 92 compared to 100 nationally. Local businesses such as Westside Quik Stop convenience store, Lou's Cafe for regional cuisines and Bailey's Furniture for home furnishings are all conveniently located near downtown Cave City.
Cave City (zip 72521) has an unemployment rate of 5.9%. The US average is 6.0%.
Cave City (zip 72521) 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 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Cave City (zip 72521)
- The Sales Tax Rate for Cave City (zip 72521) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cave City (zip 72521) 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 City (zip 72521)
- The average income of a Cave City (zip 72521) resident is $21,397 a year. The US average is $37,638 a year.
- The Median household income of a Cave City (zip 72521) resident is $47,077 a year. The US average is $69,021 a year.