Foreman, Arkansas (71836) is a small town located in Little River County. This area is known for its friendly residents and its affordable living costs. The median two bedroom rent in Foreman is just $710; significantly lower than the national average of $1,430. Similarly, the grocery cost index in Foreman is 89 compared to 100 in the US as a whole.
Living in Foreman provides an excellent opportunity to save money while maintaining a comfortable lifestyle. There are many local businesses in the area including Phelps Realty, The Rivertowne Restaurant & Lounge, and Foreman Feed & Seed Co., Inc. Shopping at these stores allows you to support the local economy while getting quality products at reasonable prices. In addition, there are plenty of outdoor activities to enjoy such as fishing and hiking at nearby Lake Greeson Recreation Area or visiting one of the city’s vibrant parks.
Foreman (zip 71836) has an unemployment rate of 5.3%. The US average is 6.0%.
Foreman (zip 71836) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Foreman (zip 71836)
- The Sales Tax Rate for Foreman (zip 71836) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Foreman (zip 71836) 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 Foreman (zip 71836)
- The average income of a Foreman (zip 71836) resident is $24,498 a year. The US average is $37,638 a year.
- The Median household income of a Foreman (zip 71836) resident is $49,252 a year. The US average is $69,021 a year.