72435 Knobel, AR is a small town located in Clay County in Northeast Arkansas. The population is 519 according to the 2017 US Census estimate. It is known for its low cost of living; with the 2 bedroom rent being $580 and the Grocery Cost Index at 90 versus 100 in the US, it is almost 40% lower than the US average. There are several local companies and small businesses for residents to shop and dine at. Some include Acorn Café & Bistro which has an American-style menu, The River Boutique which offers handmade items from local vendors, and Clay County Farm Supply which provides hardware supplies and garden equipment. Other activities available in Knobel for visitors to participate in include hiking along nearby rivers and lakes or participating in recreational sports like basketball or tennis at the local park.
Knobel (zip 72435) has an unemployment rate of 5.2%. The US average is 6.0%.
Knobel (zip 72435) has seen the job market decrease by -3.9% 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 Knobel (zip 72435)
- The Sales Tax Rate for Knobel (zip 72435) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Knobel (zip 72435) 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 Knobel (zip 72435)
- The average income of a Knobel (zip 72435) resident is $33,324 a year. The US average is $37,638 a year.
- The Median household income of a Knobel (zip 72435) resident is $0 a year. The US average is $69,021 a year.