Norfork, AR (zip code 72658) is an affordable place to live. The average 2 bedroom rent is $730, which is significantly lower than the US average at $1,430. Grocery costs are also comparatively cheap with a grocery cost index of 96 versus 100 in the US. This small city of just over 400 people offers great access to nature, with activities such as fishing and hiking available nearby. The local economy is supported by businesses such as Norfork Grocery Inc., Tyro Marine & Supply Co., and Crooked Creek Marble & Granite Co, all providing goods and services in the area. There are also many gas stations, restaurants, post offices, and banks in town that provide convenience options for locals. With its low cost of living compared to other places in the United States, Norfork is becoming an increasingly popular place for those looking for an affordable yet beautiful place to live.
Norfork (zip 72658) has an unemployment rate of 4.4%. The US average is 6.0%.
Norfork (zip 72658) 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 Norfork (zip 72658)
- The Sales Tax Rate for Norfork (zip 72658) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Norfork (zip 72658) 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 Norfork (zip 72658)
- The average income of a Norfork (zip 72658) resident is $18,679 a year. The US average is $28,555 a year.
- The Median household income of a Norfork (zip 72658) resident is $34,063 a year. The US average is $69,021 a year.