The small city of Dermott, Arkansas is a great place to call home. With a population of just under 2,000 people, it’s not overly crowded and still has all the amenities you need. 2 bedroom rent in Dermott is an affordable $580 compared to the US average of $1,430 and the Grocery Cost Index is also quite reasonable at 91 compared to 100 in the US.
Dermott residents have access to plenty of local businesses for their needs. This includes places like S&S Auto Parts, Gibson Grocery Store, and Reed's BBQ & Catering. For entertainment, there’s Hilltop Skating Rink and Jordan’s Barber Shop providing services for its citizens. Additionally, there are farm supply stores like Smith Feed & Seed and Peterson Livestock Equipment. All these businesses make living in Dermott easier and more enjoyable.
Dermott (zip 71638) has an unemployment rate of 10.1%. The US average is 6.0%.
Dermott (zip 71638) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Dermott (zip 71638)
- The Sales Tax Rate for Dermott (zip 71638) is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Dermott (zip 71638) 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 Dermott (zip 71638)
- The average income of a Dermott (zip 71638) resident is $14,867 a year. The US average is $28,555 a year.
- The Median household income of a Dermott (zip 71638) resident is $33,579 a year. The US average is $69,021 a year.