Zip 71961 (Oden, AR) Economy


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United States / Arkansas / No Metro Area / Montgomery County / Oden / Oden (zip 71961)
Oden, Arkansas (71961) is a small town located in Montgomery County with a population of just over 200 residents. It offers peaceful country living with access to amenities such as local shops and businesses. The average two-bedroom rent in Oden is only $740, which is considerably lower than the national average of $1,430. Grocery costs here are even cheaper than usual here thanks to the index of 93 compared to 100 nationally. Local businesses include The Feed Store for pet supplies, Hayseed Bar & Grill for great food and drinks, and D&M Antiques for unique souvenirs. As an area just outside Hot Springs National Park, there's plenty of outdoor activities including camping, hiking trails, fishing spots and lakes nearby to enjoy.

Oden (zip 71961) has an unemployment rate of 5.2%. The US average is 6.0%.

Oden (zip 71961) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 14.8%, which is lower than the US average of 33.5%.

Tax Rates for Oden (zip 71961)
- The Sales Tax Rate for Oden (zip 71961) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Oden (zip 71961) 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 Oden (zip 71961)
- The average income of a Oden (zip 71961) resident is $18,717 a year. The US average is $37,638 a year.
- The Median household income of a Oden (zip 71961) resident is $39,268 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOden, ArkansasUnited States
  5.26
  -2.3%-6.2%
  14.8%33.5%
  9.5%6.2%
  6.9%4.6%
  $18,717$37,638
  $39,268$69,021
  $45,000$85,028
  Population by Occupation
  22.5%1.2%
  4.7%0.5%
  4.2%6.8%
  18.1%10.0%
  0.7%2.5%
  10.3%11.0%
  2.8%4.8%
  0.0%0.8%
  0.0%1.9%
  2.1%4.7%
  1.6%1.9%
  1.2%7.6%
  0.0%0.1%
  6.1%4.2%
  2.8%9.3%
  9.2%14.0%
  0.9%2.1%
  3.3%7.0%
  9.2%4.8%
  0.2%4.7%
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