Zip 71860 (Stamps, AR) Economy


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United States / Arkansas / No Metro Area / Lafayette County / Stamps / Stamps (zip 71860)
Stamps, Arkansas is an ideal place to call home with its low cost of living. Rent for a 2 bedroom apartment in Stamps is $580 which is significantly lower than the national average of $1,430. Grocery costs in Stamps are also lower than other parts of the country with the Grocery Cost Index being 88 compared to 100 nationally. The town of Stamps has several local businesses to support their community such as Gibbs' Pharmacy, Murphy's Bakery, and Simms Hardware Store. With its warm summers and mild winters, Stamps is an excellent place for outdoor activities such as biking or hiking in its many parks and recreation centers.

Stamps (zip 71860) has an unemployment rate of 7.3%. The US average is 6.0%.

Stamps (zip 71860) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.

Tax Rates for Stamps (zip 71860)
- The Sales Tax Rate for Stamps (zip 71860) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Stamps (zip 71860) 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 Stamps (zip 71860)
- The average income of a Stamps (zip 71860) resident is $16,688 a year. The US average is $28,555 a year.
- The Median household income of a Stamps (zip 71860) resident is $28,077 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStamps, ArkansasUnited States
  7.36
  -4.7%-6.2%
  17.7%33.5%
  9.8%6.2%
  6.9%4.6%
  $17,421$37,638
  $28,077$69,021
  $37,000$85,028
  Population by Occupation
  4.8%1.2%
  5.3%0.5%
  2.5%6.8%
  18.5%10.0%
  0.0%2.5%
  8.0%11.0%
  2.3%4.8%
  0.7%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  7.5%4.2%
  18.5%9.3%
  14.3%14.0%
  0.0%2.1%
  1.4%7.0%
  8.2%4.8%
  2.9%4.7%
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