London, AR is a small city located in the state of Arkansas with a population of 72847 people. There is a wide range in rental prices for 2 bedroom apartments in the area, with an average cost being $730 per month. It also has a grocery cost index of 93 which is slightly lower than the national average of 100. London boasts many local businesses and attractions including Hillbilly Smokehouse BBQ, Ace Hardware, Kelly’s Catfish Restaurant and The White Oak Grill. Along with local eateries London also offers excellent education opportunities such as Pansy Kidd Middle School and London High School. For those looking for something to do outside school or work there are plenty of recreation options such as Lake Erling State Park or Royston Park which offers three baseball diamonds, tennis courts and more.
London (zip 72847) has an unemployment rate of 4.5%. The US average is 6.0%.
London (zip 72847) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for London (zip 72847)
- The Sales Tax Rate for London (zip 72847) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for London (zip 72847) 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 London (zip 72847)
- The average income of a London (zip 72847) resident is $25,585 a year. The US average is $37,638 a year.
- The Median household income of a London (zip 72847) resident is $54,113 a year. The US average is $69,021 a year.