Zip 72167 (Traskwood, AR) Economy


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72167 Traskwood, AR is a small city located in Arkansas. It has a population of around 1,000 and is a great place to live for singles and families alike. The cost of living in Traskwood is relatively low compared to the national average. For example, the median 2 bedroom rent rate in Traskwood is $820 which is significantly lower than the US median rate at $1,430. Similarly, the grocery cost index in Traskwood stands at 93 versus 100 in the US making it more affordable for locals to buy food. There are many local companies in 72167 Traskwood, AR offering products and services to its residents at competitive prices. Notable businesses include Lynn's Grocery Store, Terry's Tire & Auto Repair, and Bulldog Carpet Cleaning. All these stores offer quality goods and services to the citizens of 72167 Traskwood, AR at reasonable rates making it easy for them to afford basic necessities while still saving money on other expenses such as rent or groceries

Traskwood (zip 72167) has an unemployment rate of 3.8%. The US average is 6.0%.

Traskwood (zip 72167) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Traskwood (zip 72167)
- The Sales Tax Rate for Traskwood (zip 72167) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Traskwood (zip 72167) 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 Traskwood (zip 72167)
- The average income of a Traskwood (zip 72167) resident is $20,929 a year. The US average is $28,555 a year.
- The Median household income of a Traskwood (zip 72167) resident is $41,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTraskwood, ArkansasUnited States
  3.86
  -4.5%-6.2%
  34.3%33.5%
  6.5%6.2%
  6.9%4.6%
  $43,399$37,638
  $41,875$69,021
  $64,167$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  8.1%6.8%
  13.7%10.0%
  0.0%2.5%
  7.9%11.0%
  5.4%4.8%
  0.0%0.8%
  0.5%1.9%
  3.2%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  5.4%4.2%
  14.0%9.3%
  25.7%14.0%
  0.0%2.1%
  3.8%7.0%
  4.7%4.8%
  5.6%4.7%
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