72945 Midland, AR is a small town located in the Arkansas River Valley that offers its residents affordable housing and access to an array of amenities. The average 2 bedroom rental cost here is only $800, compared to the national average of $1,430. Grocery prices are also relatively low when considering the city's Index of 91 compared to the US at 100.
Midland, AR is home to several local businesses such as Lucky’s Bar and Grill, B&B Auto Parts & Service Center, Midland Family Dentistry, Ark Valley Tractor Supply and repair shop, and El Oasis Mexican restaurant. These businesses provide the town with excellent dining and entertainment options as well as quality auto parts and repair services for their community members.
Midland (zip 72945) has an unemployment rate of 4.5%. The US average is 6.0%.
Midland (zip 72945) 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 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Midland (zip 72945)
- The Sales Tax Rate for Midland (zip 72945) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Midland (zip 72945) 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 Midland (zip 72945)
- The average income of a Midland (zip 72945) resident is $16,649 a year. The US average is $28,555 a year.
- The Median household income of a Midland (zip 72945) resident is $31,638 a year. The US average is $69,021 a year.