Zip 71766 (Thornton, AR) Economy


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71766 Thornton, AR is a small city in Arkansas with an approximate population of 500 people. It is known for its quiet atmosphere and affordability; 2 bedroom rent averages around $720 compared to the US average of $1,430. This makes it perfect for young couples or families looking to save money on rent. The grocery cost index in 71766 Thornton, AR is 91 compared to 100 in the US which makes it an excellent place for those looking to buy groceries without spending too much money. There are many local companies such as 5 Star Country Store, Roberson Funeral Home & Florist, and True Value Hardware that offer goods and services at affordable prices. Those looking to save money while living comfortably will find that 71766 Thornton, AR is an ideal place for them.

Thornton (zip 71766) has an unemployment rate of 4.0%. The US average is 6.0%.

Thornton (zip 71766) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Thornton (zip 71766)
- The Sales Tax Rate for Thornton (zip 71766) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Thornton (zip 71766) 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 Thornton (zip 71766)
- The average income of a Thornton (zip 71766) resident is $16,847 a year. The US average is $28,555 a year.
- The Median household income of a Thornton (zip 71766) resident is $50,909 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThornton, ArkansasUnited States
  46
  -1.2%-6.2%
  21.7%33.5%
  10.0%6.2%
  6.9%4.6%
  $23,511$37,638
  $50,909$69,021
  $65,221$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  25.6%6.8%
  11.5%10.0%
  0.0%2.5%
  13.2%11.0%
  9.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.9%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  17.1%9.3%
  8.5%14.0%
  0.0%2.1%
  2.6%7.0%
  0.0%4.8%
  8.5%4.7%
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