The small town of Smackover, Arkansas, is a great place to live with a population of just over 2,000. The area is well known for its natural beauty with plenty of opportunities for outdoor activities like fishing, hunting, camping and canoeing. The cost of living in Smackover is quite reasonable with a 2 bedroom apartment renting for $780 and the Grocery Cost Index at 88 versus the US index of 100. Local companies such as Tyson Foods, Murphy Oil Corporation, Smackover Oil Co., and Gibson Lumber Company provide employment opportunities for those who live in the area. All these factors come together to make Smackover an affordable place to live with plenty of recreational activities available for residents.
Smackover (zip 71762) has an unemployment rate of 6.9%. The US average is 6.0%.
Smackover (zip 71762) 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 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Smackover (zip 71762)
- The Sales Tax Rate for Smackover (zip 71762) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Smackover (zip 71762) 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 Smackover (zip 71762)
- The average income of a Smackover (zip 71762) resident is $22,682 a year. The US average is $28,555 a year.
- The Median household income of a Smackover (zip 71762) resident is $48,235 a year. The US average is $69,021 a year.