Monette, AR (Zip Code 72447) is a small rural town located in Craighead County. It has a population of about 1,500 people and a median household income of $35,380. 2 Bedroom rental prices in Monette are much lower than the national average at around $770 per month compared to the US average of $1,430 per month. In addition to this, grocery costs in Monette are also lower than the US average with an index of 92 versus 100 in the US.
In terms of local companies, Monette has a few to offer such as Owens Tire & Auto Service which provides automotive services and repairs for cars and trucks; Walmart Supercenter which offers groceries and general merchandise; and Satterfield's Grocery Store that provides fresh produce and other food items. There is also Drug World Pharmacy which provides pharmaceuticals and health items as well as My Sister's Closet providing second-hand clothing options for people who want to save money while shopping.
Monette (zip 72447) has an unemployment rate of 3.9%. The US average is 6.0%.
Monette (zip 72447) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Monette (zip 72447)
- The Sales Tax Rate for Monette (zip 72447) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Monette (zip 72447) 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 Monette (zip 72447)
- The average income of a Monette (zip 72447) resident is $26,065 a year. The US average is $28,555 a year.
- The Median household income of a Monette (zip 72447) resident is $42,348 a year. The US average is $69,021 a year.