Zip 72537 (Gamaliel, AR) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Arkansas / Mountain Home Metro Area / Baxter County / No City / Gamaliel (zip 72537)
72537 Gamaliel, Arkansas is a small town located in Baxter County, bordering the beautiful Norfork Lake. It is home to many local businesses such as Gamaliel Outfitters, Red Cedar Cafe, and R.S. Tapp’s Grocery Store. With an average two-bedroom rental cost of $780 and a grocery cost index of 94 compared to the US average of 100, living in this area can be quite affordable for those looking to move out of the city hubbub. Local outdoorsmen are sure to find great deals on equipment and gear for fishing and hunting at Gamaliel Outfitters, while Red Cedar Cafe offers delicious home-style foods for breakfast and lunch. Finally, R.S. Tapp’s Grocery Store provides everything one might need in terms of groceries - from fresh produce to pantry staples - without breaking the bank.

Gamaliel (zip 72537) has an unemployment rate of 4.4%. The US average is 6.0%.

Gamaliel (zip 72537) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Gamaliel (zip 72537)
- The Sales Tax Rate for Gamaliel (zip 72537) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Gamaliel (zip 72537) 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 Gamaliel (zip 72537)
- The average income of a Gamaliel (zip 72537) resident is $26,540 a year. The US average is $37,638 a year.
- The Median household income of a Gamaliel (zip 72537) resident is $47,171 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGamaliel, 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.