Zip 72069 (Holly Grove, AR) Economy


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United States / Arkansas / No Metro Area / Monroe County / Holly Grove / Holly Grove (zip 72069)
72069 Holly Grove, AR is a small town in Arkansas with a population of 2,914 residents. It offers an affordable cost of living compared to many other cities in the US, with 2 bedroom rent costing just $720 and a Grocery Cost Index at 91 compared to 100 in the US. The town boasts plenty of local shopping opportunities including Dollar General and Walmart Neighborhood Market for those needing grocery items as well as ACE Hardware for home improvement needs. Taxes for 72069 Holly Grove are relatively low, with an estimated state tax rate of 6.85% and average annual property taxes sitting at around $605. There are also excellent public school options for families in this area making it an ideal location for raising children.

Holly Grove (zip 72069) has an unemployment rate of 6.1%. The US average is 6.0%.

Holly Grove (zip 72069) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.

Tax Rates for Holly Grove (zip 72069)
- The Sales Tax Rate for Holly Grove (zip 72069) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Holly Grove (zip 72069) 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 Holly Grove (zip 72069)
- The average income of a Holly Grove (zip 72069) resident is $18,729 a year. The US average is $28,555 a year.
- The Median household income of a Holly Grove (zip 72069) resident is $55,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolly Grove, ArkansasUnited States
  6.16
  -3.7%-6.2%
  10.6%33.5%
  6.5%6.2%
  6.9%4.6%
  $35,823$37,638
  $55,179$69,021
  $67,083$85,028
  Population by Occupation
  14.8%1.2%
  0.0%0.5%
  9.3%6.8%
  16.5%10.0%
  3.8%2.5%
  11.8%11.0%
  8.6%4.8%
  0.0%0.8%
  0.0%1.9%
  4.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.6%9.3%
  13.9%14.0%
  0.0%2.1%
  4.2%7.0%
  6.3%4.8%
  3.2%4.7%
Health