\nElizabeth, AR 72531 is a city with an affordable cost of living. The 2 Bedroom rent in this area is $740 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Elizabeth is 95 versus 100 in the US. This makes it easier to buy food for much lower prices than other places in the country. Elizabeth also has plenty of shopping opportunities such as Walmart, Kroger, Lowes and Home Depot that offer reasonable prices on goods. Furthermore, there are many local small businesses that provide services such as car repairs and dry cleaning that are not expensive either. All these features together make Elizabeth a great place to live with an affordable cost of living.
Elizabeth (zip 72531) has an unemployment rate of 4.6%. The US average is 6.0%.
Elizabeth (zip 72531) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Elizabeth (zip 72531)
- The Sales Tax Rate for Elizabeth (zip 72531) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth (zip 72531) 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 Elizabeth (zip 72531)
- The average income of a Elizabeth (zip 72531) resident is $25,275 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth (zip 72531) resident is $42,181 a year. The US average is $69,021 a year.