72660 Oak Grove, AR is a small town located in the center of the state. With a population of just over 1,000 people, it's a quaint place to live with low crime rates and plenty of natural beauty. Rent for 2 bedroom apartments here averages at $710 per month, which is much lower than the national average of $1,430. The Grocery Cost Index in Oak Grove is 93 versus 100 in the US, making groceries more accessible compared to elsewhere.
The town offers a variety of different business opportunities. Local companies include LaCoop Food Store & Deli, Great Western Dining & Drinks, and Prodigy’s Sporting Goods. There’s also potential for growth in the future as the town continues to attract new residents each year who are looking for affordable housing options. With its low rent prices and convenient location to other larger towns and cities nearby, Oak Grove remains an attractive option for both businesses and individuals alike.
Oak Grove (zip 72660) has an unemployment rate of 4.6%. The US average is 6.0%.
Oak Grove (zip 72660) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Oak Grove (zip 72660)
- The Sales Tax Rate for Oak Grove (zip 72660) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove (zip 72660) 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 Oak Grove (zip 72660)
- The average income of a Oak Grove (zip 72660) resident is $30,886 a year. The US average is $37,638 a year.
- The Median household income of a Oak Grove (zip 72660) resident is $0 a year. The US average is $69,021 a year.