Zip 72651 (Midway, AR) Economy


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72651 Midway, AR is a small town located in Marion County. This rural community offers a quiet atmosphere and plenty of natural beauty. It's 2 bedroom rent is $780 which is far more affordable than the national average of $1430. Similarly grocery costs are also substantially lower with a grocery cost index of 93 versus 100 in the US, making living expenses quite low. \nMidway has many local businesses and attractions for its residents to enjoy. There is the nearby Bull Shoals Lake, White River, North Sylamore Creek Trail, and the historic Rush Historic District. Local businesses include the Catfish Hole Restaurant & Bar, The Diner at Midway Station, and Countryside Animal Clinic. Midway also has several stores for shopping including Dollar General and Family Dollar.

Midway (zip 72651) has an unemployment rate of 4.4%. The US average is 6.0%.

Midway (zip 72651) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Midway (zip 72651)
- The Sales Tax Rate for Midway (zip 72651) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Midway (zip 72651) 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 Midway (zip 72651)
- The average income of a Midway (zip 72651) resident is $17,668 a year. The US average is $28,555 a year.
- The Median household income of a Midway (zip 72651) resident is $50,655 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidway, ArkansasUnited States
  4.46
  -0.8%-6.2%
  29.1%33.5%
  7.8%6.2%
  6.9%4.6%
  $21,632$37,638
  $50,655$69,021
  $50,714$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.3%6.8%
  8.9%10.0%
  0.0%2.5%
  8.4%11.0%
  7.1%4.8%
  3.3%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  5.5%4.2%
  21.2%9.3%
  17.0%14.0%
  2.5%2.1%
  4.4%7.0%
  4.1%4.8%
  0.0%4.7%
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