\n72431 Grubbs, AR is a small city located in Jackson County. The local economy is primarily focused on agriculture, forestry, and oil production. Additionally, residents can take advantage of local businesses for shopping and services such as The General Store, Crossroads Country Store, and American Express Financial Advisors of Grubbs.
The average cost of a two-bedroom rental in 72431 Grubbs is $670 which is significantly lower than the average cost of a two-bedroom rental in the US which comes to $1,430. This significant difference in costs reflects the much lower living expenses that can be found in rural towns like 72431 Grubbs compared to large cities across the country. Furthermore, grocery store items tend to be less expensive overall with a Grocery Cost Index of 90 versus 100 in the US.
Grubbs (zip 72431) has an unemployment rate of 5.9%. The US average is 6.0%.
Grubbs (zip 72431) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 10.4%, which is lower than the US average of 33.5%.
Tax Rates for Grubbs (zip 72431)
- The Sales Tax Rate for Grubbs (zip 72431) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Grubbs (zip 72431) 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 Grubbs (zip 72431)
- The average income of a Grubbs (zip 72431) resident is $18,082 a year. The US average is $28,555 a year.
- The Median household income of a Grubbs (zip 72431) resident is $50,938 a year. The US average is $69,021 a year.