Located in Lamar, Arkansas (zip code 72846), this small rural town is a peaceful and serene place to live with affordable housing costs. The average two bedroom rent in Lamar is just $750, almost half of the national average of $1,430. In addition to affordable housing, groceries are also reasonably priced due to the area's Grocery Cost Index being 94 points lower than the US average (100).
Lamar has many unique businesses that make it an enjoyable place to visit or live. The historic Mockingbird Restaurant offers hearty home-cooked meals while Country Jam Music & Pawn Shop allows customers to shop for instruments and electronics. For those who enjoy outdoor activities, the city boasts several parks like Cowan Park and Baker Lake that offer plenty of opportunities for recreation such as fishing, picnicking, swimming, and hiking. Additionally, Lamar hosts annual events such as a Christmas Festival and Watermelon Festival which celebrate the town's heritage and culture throughout the year.
Lamar (zip 72846) has an unemployment rate of 5.2%. The US average is 6.0%.
Lamar (zip 72846) has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Lamar (zip 72846)
- The Sales Tax Rate for Lamar (zip 72846) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Lamar (zip 72846) 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 Lamar (zip 72846)
- The average income of a Lamar (zip 72846) resident is $24,251 a year. The US average is $28,555 a year.
- The Median household income of a Lamar (zip 72846) resident is $45,904 a year. The US average is $69,021 a year.