Welcome to Parkin, Arkansas (Zip code 72373)! This small town is full of local charm and friendly faces. Located in Cross County, Parkin is a great place to call home. The average two-bedroom rent in Parkin is only $660 per month, which is much more affordable than the national average of $1,430. Additionally, the Grocery Cost Index in Parkin is 90 compared to 100 nationally, making items like food more affordable for families here.
Parkin offers many locally owned businesses that contribute to its economy. For starters there’s the S & H Grocery Store which has been around since 1950 and provides all the necessary staples for locals. Then there’s B & W Cafe which serves up classic American fare with a southern touch! Finally there’s Lee Automotive, a car repair shop that’s been serving Parkin since 1965! With these businesses and more, it's no wonder why so many people call Parkin their home.
Parkin (zip 72373) has an unemployment rate of 5.4%. The US average is 6.0%.
Parkin (zip 72373) 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 10.0%, which is lower than the US average of 33.5%.
Tax Rates for Parkin (zip 72373)
- The Sales Tax Rate for Parkin (zip 72373) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Parkin (zip 72373) 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 Parkin (zip 72373)
- The average income of a Parkin (zip 72373) resident is $16,702 a year. The US average is $37,638 a year.
- The Median household income of a Parkin (zip 72373) resident is $24,615 a year. The US average is $69,021 a year.