Prescott, Arkansas (zip code 71857) is a rural area that offers residents a high quality of life and low cost of living. The average 2 Bedroom rent in this area is only $750 compared to the national average of $1,430. This makes it especially attractive to those looking for an affordable place to live. Furthermore, the Grocery Cost Index in Prescott is 91 compared to 100 in the US, indicating that groceries here are relatively inexpensive.
Local businesses such as Horizon's Hardware & Supply Co., CrossFit 71857, and Lee's Discount Auto Parts provide much-needed goods and services to Prescott residents. These businesses help make Prescott a vibrant community where locals can find what they need without having to travel far away.
Overall, Prescott has a lot to offer its residents with its low cost of living and access to local businesses. Whether you're looking for an affordable place to live or just want to get away from the hustle and bustle of city life, Prescott may be the perfect place for you!
Prescott (zip 71857) has an unemployment rate of 4.3%. The US average is 6.0%.
Prescott (zip 71857) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Prescott (zip 71857)
- The Sales Tax Rate for Prescott (zip 71857) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Prescott (zip 71857) 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 Prescott (zip 71857)
- The average income of a Prescott (zip 71857) resident is $19,100 a year. The US average is $37,638 a year.
- The Median household income of a Prescott (zip 71857) resident is $40,552 a year. The US average is $69,021 a year.