Little Rock, AR (72207) is a vibrant city located in the heart of Central Arkansas. The city boasts a population of over 200,000 people and has an affordable rent cost for two bedroom apartments at $910 per month. This is significantly lower than the US average of $1,430 per month for two bedrooms. In addition to its affordability, Little Rock also has a lower grocery cost index than the US with 103 compared to 100.
Little Rock offers many amenities to its residents from renowned hospitals like UAMS and Arkansas Children's Hospital to countless restaurants and attractions including Pinnacle Mountain State Park and Clinton Presidential Library. There are plenty of businesses that make their home in Little Rock such as Dillard’s Department Stores, Windstream Communications, Acxiom Corporation and several other large companies. The city is notable for its rich cultural history and diverse entertainment opportunities from outdoor activities to music festivals that take place throughout the year.
Little Rock (zip 72207) has an unemployment rate of 5.9%. The US average is 6.0%.
Little Rock (zip 72207) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Little Rock (zip 72207)
- The Sales Tax Rate for Little Rock (zip 72207) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Little Rock (zip 72207) 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 Little Rock (zip 72207)
- The average income of a Little Rock (zip 72207) resident is $67,826 a year. The US average is $37,638 a year.
- The Median household income of a Little Rock (zip 72207) resident is $83,720 a year. The US average is $69,021 a year.