Zip 72042 (DeWitt, AR) Economy


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United States / Arkansas / No Metro Area / Arkansas County / DeWitt / DeWitt (zip 72042)
DeWitt, Arkansas is a great place to live with its low cost of living. Rent for a two bedroom apartment in the area is just $750, far less than the national average of $1430. The Grocery Cost Index in DeWitt is 91 compared to the US Index of 100, representing further savings on basic necessities. In addition to the cost of living advantages, DeWitt also offers numerous opportunities for recreation and entertainment. There are many local businesses such as McGehee Auto Group and Superfoods grocery store which provide quality goods and services at affordable prices. For entertainment, there's the White Hall Theater which offers a wide variety of movies and shows while nearby Lake Village provides fishing, canoeing, kayaking, swimming, camping and much more. With its low costs and multiple recreational activities available, DeWitt is surely an ideal community for those seeking an enjoyable yet affordable life experience.

DeWitt (zip 72042) has an unemployment rate of 4.0%. The US average is 6.0%.

DeWitt (zip 72042) 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 14.1%, which is lower than the US average of 33.5%.

Tax Rates for DeWitt (zip 72042)
- The Sales Tax Rate for DeWitt (zip 72042) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for DeWitt (zip 72042) 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 DeWitt (zip 72042)
- The average income of a DeWitt (zip 72042) resident is $19,740 a year. The US average is $28,555 a year.
- The Median household income of a DeWitt (zip 72042) resident is $52,574 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeWitt, ArkansasUnited States
  46
  -1.6%-6.2%
  14.1%33.5%
  11.0%6.2%
  6.9%4.6%
  $27,906$37,638
  $52,574$69,021
  $65,349$85,028
  Population by Occupation
  12.8%1.2%
  0.0%0.5%
  6.2%6.8%
  22.9%10.0%
  0.9%2.5%
  6.4%11.0%
  4.8%4.8%
  1.6%0.8%
  1.6%1.9%
  0.5%4.7%
  0.5%1.9%
  5.5%7.6%
  0.0%0.1%
  0.4%4.2%
  15.7%9.3%
  9.9%14.0%
  1.4%2.1%
  2.3%7.0%
  2.0%4.8%
  4.7%4.7%
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