Zip 71654 (McGehee, AR) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Arkansas / No Metro Area / Desha County / McGehee / McGehee (zip 71654)
71654 McGehee, AR is a small city located in Desha County. It has an estimated population of about 2,000 people and offers a low cost of living. The average two-bedroom rent in the area is $560 per month compared to the national average of $1430 per month. Additionally, the Grocery Cost Index for 71654 McGehee, AR is 91 versus 100 nationally. Local businesses in 71654 McGehee, AR include places like Piggly Wiggly grocery store, K&M Tire & Automotive Repair, and Peebles Bar & Grill. Due to its small population and low cost of living, 71654 McGehee, AR is an ideal place to live for those looking for affordable housing and a slower paced lifestyle.

McGehee (zip 71654) has an unemployment rate of 6.4%. The US average is 6.0%.

McGehee (zip 71654) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for McGehee (zip 71654)
- The Sales Tax Rate for McGehee (zip 71654) is 11.0%. The US average is 7.3%.
- The Income Tax Rate for McGehee (zip 71654) 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 McGehee (zip 71654)
- The average income of a McGehee (zip 71654) resident is $17,007 a year. The US average is $28,555 a year.
- The Median household income of a McGehee (zip 71654) resident is $36,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcGehee, ArkansasUnited States
  6.46
  -4.3%-6.2%
  24.1%33.5%
  11.0%6.2%
  6.9%4.6%
  $19,864$37,638
  $36,250$69,021
  $45,511$85,028
  Population by Occupation
  12.7%1.2%
  0.6%0.5%
  6.2%6.8%
  8.1%10.0%
  1.1%2.5%
  9.6%11.0%
  3.5%4.8%
  3.2%0.8%
  1.0%1.9%
  2.7%4.7%
  0.0%1.9%
  5.8%7.6%
  0.0%0.1%
  0.5%4.2%
  11.4%9.3%
  7.9%14.0%
  5.1%2.1%
  1.1%7.0%
  3.3%4.8%
  16.5%4.7%
Health