Zip 72116 (North Little Rock, AR) Economy


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72116 North Little Rock, AR is a great city for those looking for affordable living options. 2 bedroom rent in this area averages around $990 per month, significantly lower than the national average of $1430 per month. Grocery costs are also lower here than in many other cities, with an index of 97 versus 100 in the US. North Little Rock is home to many different businesses such as Walmart Supercenter, Chick-Fil-A, and Lowes Home Improvement Warehouse. The cost of living in North Little Rock is quite low compared to other nearby cities, making it ideal for those looking to save money while still enjoying all the advantages of city life.

North Little Rock (zip 72116) has an unemployment rate of 6.1%. The US average is 6.0%.

North Little Rock (zip 72116) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.

Tax Rates for North Little Rock (zip 72116)
- The Sales Tax Rate for North Little Rock (zip 72116) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for North Little Rock (zip 72116) 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 North Little Rock (zip 72116)
- The average income of a North Little Rock (zip 72116) resident is $34,959 a year. The US average is $28,555 a year.
- The Median household income of a North Little Rock (zip 72116) resident is $72,910 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Little Rock, ArkansasUnited States
  6.16
  -4.5%-6.2%
  30.5%33.5%
  9.5%6.2%
  6.9%4.6%
  $45,629$37,638
  $72,910$69,021
  $101,580$85,028
  Population by Occupation
  0.7%1.2%
  0.3%0.5%
  6.4%6.8%
  5.2%10.0%
  2.1%2.5%
  8.4%11.0%
  3.9%4.8%
  0.2%0.8%
  3.0%1.9%
  6.0%4.7%
  3.1%1.9%
  6.0%7.6%
  0.0%0.1%
  2.6%4.2%
  13.5%9.3%
  15.4%14.0%
  1.6%2.1%
  9.4%7.0%
  4.3%4.8%
  7.9%4.7%
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