72045 El Paso, Arkansas is a small community located in the Ozarks region of the state. It has a population of approximately 1500 people, with many families residing in the area. The 2 bedroom rent in this area is $650, much more affordable than the US average of $1,430. Additionally, grocery cost index here is 95 compared to 100 nationally. Local businesses that serve the residents of El Paso include Henderson Grocery, Ozark Restaurant & Barbecue, and El Paso Hardware & Supply. All provide quality services while keeping costs low for their customers. Thanks to its lower housing costs and other cost-saving measures, living in 72045 El Paso, Arkansas is very affordable for both families and individuals alike.
El Paso (zip 72045) has an unemployment rate of 4.9%. The US average is 6.0%.
El Paso (zip 72045) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for El Paso (zip 72045)
- The Sales Tax Rate for El Paso (zip 72045) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for El Paso (zip 72045) 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 El Paso (zip 72045)
- The average income of a El Paso (zip 72045) resident is $28,917 a year. The US average is $28,555 a year.
- The Median household income of a El Paso (zip 72045) resident is $62,448 a year. The US average is $69,021 a year.