71937 Cove, Arkansas is a small town located in the Ouachita Mountains. The estimated population of the town is 1,600 people. Rent for 2 bedroom apartments is significantly lower than the national average, at only $730 per month. This makes it an attractive option for those looking for affordable housing options. The grocery cost index in 71937 Cove is 92 compared to 100 in the US, which helps make living expenses more manageable.
The economy of 71937 Cove benefits from several local businesses including small restaurants such as El Chino and La Poblanita Mexican Restaurant and rural grocery stores like Lesley’s Country Store and JB’s Country Market. For those looking for home improvement supplies there is Fish Home Improvement Store and an ACE Hardware store nearby. Other services available include medical care from Shackleford Family Clinic and veterinary care from Dr Randy Hillis Veterinary Services.
Cove (zip 71937) has an unemployment rate of 5.4%. The US average is 6.0%.
Cove (zip 71937) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Cove (zip 71937)
- The Sales Tax Rate for Cove (zip 71937) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Cove (zip 71937) 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 Cove (zip 71937)
- The average income of a Cove (zip 71937) resident is $29,592 a year. The US average is $37,638 a year.
- The Median household income of a Cove (zip 71937) resident is $46,389 a year. The US average is $69,021 a year.