72701 Fayetteville, AR is a vibrant community that offers a variety of activities for both locals and visitors alike. This area is known for its affordability as two bedroom rent prices average $970, which is significantly lower than the US average of $1,430. The grocery cost index in 72701 Fayetteville is 100, which is equal to the US average.
As for local companies, those seeking employment have options such as Tyson's Foods processing plant or Walmart’s corporate offices located right in town. Additionally, many small businesses are located throughout the city including several boutiques and cafes. There are also various outdoor recreational activities available in 72701 like biking trails at Lake Fayetteville or fishing at nearby Beaver Lake. No matter what brings people to 72701 Fayetteville they will enjoy all this city has to offer.
Fayetteville (zip 72701) has an unemployment rate of 3.9%. The US average is 6.0%.
Fayetteville (zip 72701) 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 Fayetteville (zip 72701)
- The Sales Tax Rate for Fayetteville (zip 72701) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville (zip 72701) 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 Fayetteville (zip 72701)
- The average income of a Fayetteville (zip 72701) resident is $27,381 a year. The US average is $37,638 a year.
- The Median household income of a Fayetteville (zip 72701) resident is $44,542 a year. The US average is $69,021 a year.