Floral, Arkansas (72534) is a small town located in Independence County. The 2 bedroom rent for the area is $740 a month, which is significantly lower than the national average of $1,430. Groceries are also cheaper here than most places in the US, with an index of 92 versus 100 nationally. There are plenty of local businesses to choose from in Floral to meet your needs. A few of these businesses include Kautz Artistry & Woodworking, Bob's Towing & Automotive Service and The Back 40 Outfitters. The median household income for Floral is estimated at just over $43,000 and has been steadily rising year-on-year due to employment opportunities in the area as well as other factors such as real estate appreciation and increased spending power.
Floral (zip 72534) has an unemployment rate of 4.5%. The US average is 6.0%.
Floral (zip 72534) 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 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Floral (zip 72534)
- The Sales Tax Rate for Floral (zip 72534) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Floral (zip 72534) 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 Floral (zip 72534)
- The average income of a Floral (zip 72534) resident is $17,288 a year. The US average is $37,638 a year.
- The Median household income of a Floral (zip 72534) resident is $28,462 a year. The US average is $69,021 a year.