Zip 72529 (Cherokee Village, AR) Economy


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United States / Arkansas / No Metro Area / Sharp County / Cherokee Village / Cherokee Village (zip 72529)
Cherokee Village, AR (72529) is a city located in Sharp County in the state of Arkansas. This city offers a unique combination of rural living within close proximity to larger cities such as Little Rock and Jonesboro. The cost of living index for Cherokee Village is 92, which is 8% lower than the national average. The average two bedroom rental price is $700, which is just over 50% less than the US average of $1,430. There are several local businesses that offer services to residents including grocery stores, restaurants, gas stations and banks. Wal-Mart, Dollar General and Chester's Chicken are all local establishments that have become popular with locals due to their convenience and affordability.

Cherokee Village (zip 72529) has an unemployment rate of 5.9%. The US average is 6.0%.

Cherokee Village (zip 72529) 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 Cherokee Village (zip 72529)
- The Sales Tax Rate for Cherokee Village (zip 72529) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Cherokee Village (zip 72529) 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 Cherokee Village (zip 72529)
- The average income of a Cherokee Village (zip 72529) resident is $18,267 a year. The US average is $28,555 a year.
- The Median household income of a Cherokee Village (zip 72529) resident is $33,010 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCherokee Village, ArkansasUnited States
  5.96
  -3.1%-6.2%
  24.9%33.5%
  8.5%6.2%
  6.9%4.6%
  $20,286$37,638
  $33,010$69,021
  $48,036$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.4%6.8%
  0.0%10.0%
  1.6%2.5%
  13.0%11.0%
  4.9%4.8%
  0.0%0.8%
  0.0%1.9%
  4.8%4.7%
  6.1%1.9%
  0.0%7.6%
  0.0%0.1%
  3.7%4.2%
  11.0%9.3%
  25.1%14.0%
  10.7%2.1%
  4.3%7.0%
  4.5%4.8%
  2.7%4.7%
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