Zip 72131 (Quitman, AR) Economy


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United States / Arkansas / No Metro Area / Cleburne County / Quitman / Quitman (zip 72131)
72131 Quitman, AR is a small town with a population of about 1,000 people. It is located in the foothills of the Ozark Mountains and is home to some unique local businesses. Downtown Quitman is home to restaurants, boutiques, coffee shops, and other small business owners. The cost of living in Quitman is very low compared to most parts of the US; a two bedroom rental costs around $980 per month. There are also several grocery stores like Harps and Taco Bell which have an index score of 96 compared to 100 in the US as a whole. Although 72131 Quitman AR has a small population it provides residents with safe neighborhoods and affordable housing.

Quitman (zip 72131) has an unemployment rate of 5.8%. The US average is 6.0%.

Quitman (zip 72131) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Quitman (zip 72131)
- The Sales Tax Rate for Quitman (zip 72131) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Quitman (zip 72131) 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 Quitman (zip 72131)
- The average income of a Quitman (zip 72131) resident is $31,643 a year. The US average is $28,555 a year.
- The Median household income of a Quitman (zip 72131) resident is $44,508 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyQuitman, ArkansasUnited States
  5.86
  -4.0%-6.2%
  18.9%33.5%
  8.1%6.2%
  6.9%4.6%
  $26,131$37,638
  $44,508$69,021
  $50,990$85,028
  Population by Occupation
  0.3%1.2%
  6.1%0.5%
  11.7%6.8%
  10.5%10.0%
  1.4%2.5%
  11.3%11.0%
  9.7%4.8%
  2.0%0.8%
  0.6%1.9%
  3.6%4.7%
  3.2%1.9%
  2.9%7.6%
  0.0%0.1%
  4.6%4.2%
  9.0%9.3%
  8.8%14.0%
  0.5%2.1%
  4.7%7.0%
  5.9%4.8%
  3.3%4.7%
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