72838 Gravelly, AR is a small town located in Perry County and has a population of only 707 people. The cost of living is relatively low compared to the national average with a 2 bedroom rent of $660 compared to the US average of $1,430 and a grocery cost index of 91 versus 100 in the US. Due to its rural nature, there are limited available businesses within the area for employment opportunities. However, local companies such as FNBC Bank & Trust, Southern Arkansas University Tech, Cedar Creek Landscaping & Tree Service and Subiaco Vineyards do exist providing services and employment opportunities to locals.
Gravelly (zip 72838) has an unemployment rate of 4.6%. The US average is 6.0%.
Gravelly (zip 72838) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Gravelly (zip 72838)
- The Sales Tax Rate for Gravelly (zip 72838) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Gravelly (zip 72838) 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 Gravelly (zip 72838)
- The average income of a Gravelly (zip 72838) resident is $32,710 a year. The US average is $37,638 a year.
- The Median household income of a Gravelly (zip 72838) resident is $0 a year. The US average is $69,021 a year.