Zip 72730 (Farmington, AR) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Farmington, Arkansas (72730) is an amazing place to live. With its close proximity to both Fayetteville and Springdale, there are many job opportunities in the area. 2 Bedroom rental prices in Farmington are about $1,040 compared to the US average of $1,430. The grocery cost index in Farmington is 98 compared to 100 for the US as a whole.
The town of Farmington has plenty of attractions such as the Ozark National Forest and Devil's Den State Park for outdoor activities. It also offers access to delicious local restaurants like Copper Kettle Cafe and Blue Canoe Brewery. There are also businesses such as Apalachee Automotive Services or Braden Air Service that can help with all your automotive needs.
“Living in Farmington gives you access to nature while providing convenient access to amenities” said lifelong resident Ashley Brown “It's really a great place to call home!”

Farmington (zip 72730) has an unemployment rate of 3.5%. The US average is 6.0%.

Farmington (zip 72730) 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 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Farmington (zip 72730)
- The Sales Tax Rate for Farmington (zip 72730) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Farmington (zip 72730) 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 Farmington (zip 72730)
- The average income of a Farmington (zip 72730) resident is $29,763 a year. The US average is $37,638 a year.
- The Median household income of a Farmington (zip 72730) resident is $70,116 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmington, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.