Zip 72438 (Leachville, AR) Economy


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Leachville, AR (72438) is a small city located in Mississippi County, Arkansas. With a population of 1,564 people, this city offers a relaxed atmosphere with plenty of amenities to keep its residents occupied. 2 Bedroom Rent in Leachville is $790 which is significantly lower than the US average of $1,430. Grocery Cost Index in Leachville stands at 91 compared to 100 in the US.
The local economy of Leachville relies mostly on farming and agriculture and it also has some major companies such as Tyson Foods Inc., Baxter Healthcare Corporation and Walmart Distribution Center. The city's location close to Memphis makes it ideal for those who want to explore the nearby attractions like Graceland Mansion or Beale Street Music Festival while still enjoying the peace and quiet of this small town.
Leachville may be a smaller city than most in America but it still provides an affordable living option with plenty of opportunities for both work and leisure activities. The biggest difference between this city and many others around the country is how inexpensive rent can be compared to other places which allows residents to save money while still enjoying their lifestyle here in Arkansas.

Leachville (zip 72438) has an unemployment rate of 7.7%. The US average is 6.0%.

Leachville (zip 72438) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Leachville (zip 72438)
- The Sales Tax Rate for Leachville (zip 72438) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Leachville (zip 72438) 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 Leachville (zip 72438)
- The average income of a Leachville (zip 72438) resident is $15,990 a year. The US average is $28,555 a year.
- The Median household income of a Leachville (zip 72438) resident is $39,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeachville, ArkansasUnited States
  7.76
  -4.8%-6.2%
  19.9%33.5%
  9.0%6.2%
  6.9%4.6%
  $25,234$37,638
  $39,000$69,021
  $48,040$85,028
  Population by Occupation
  13.6%1.2%
  0.0%0.5%
  8.8%6.8%
  15.4%10.0%
  5.0%2.5%
  7.3%11.0%
  1.1%4.8%
  0.8%0.8%
  1.9%1.9%
  4.5%4.7%
  0.5%1.9%
  0.0%7.6%
  0.0%0.1%
  7.0%4.2%
  17.1%9.3%
  7.0%14.0%
  0.0%2.1%
  2.2%7.0%
  5.9%4.8%
  1.8%4.7%
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