West Memphis, AR is a great place to live for those looking for affordable rent while still being relatively close to larger cities. The 2 bedroom rent within 72301 West Memphis is $850 which is roughly 40% cheaper than the US average of $1430. This makes it an attractive choice for budget-minded renters. Other expenses like groceries are also more affordable in West Memphis with a grocery cost index of 91 compared to 100 in the US.
72301 West Memphis is home to several notable businesses and attractions including International Paper, ServiceMaster and Southland Park Gaming & Racing. When it comes to dining out, there are plenty of restaurants ranging from casual such as Dairy Queen Grill & Chill or Taco Bell, to more upscale establishments such as Bill's Bar-B-Q or Cajun Catfish Company. No matter what your tastes are, 72301 West Memphis has something for everyone.
West Memphis (zip 72301) has an unemployment rate of 6.8%. The US average is 6.0%.
West Memphis (zip 72301) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for West Memphis (zip 72301)
- The Sales Tax Rate for West Memphis (zip 72301) is 10.8%. The US average is 7.3%.
- The Income Tax Rate for West Memphis (zip 72301) 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 West Memphis (zip 72301)
- The average income of a West Memphis (zip 72301) resident is $20,740 a year. The US average is $37,638 a year.
- The Median household income of a West Memphis (zip 72301) resident is $35,236 a year. The US average is $69,021 a year.