Lavaca, AR Economy


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Lavaca, AR is a small town located in Arkansas County. It is a great place to live for those looking for a rural lifestyle with easy access to all the amenities of a larger city. The cost of living is quite affordable, with 2 bedroom rent only costing $790 compared to the US average of $1,430. Groceries are also relatively inexpensive here, with an index score of 96 compared to 100 in the US. Local businesses include Lavaca Logging Company, Deaton's General Store, and G&G Pawn Shop. The area also offers plenty of exciting tourist attractions such as the Historic Court House Square, Jones Memorial Park and Adventureland Farm Maze.

Lavaca has an unemployment rate of 4.5%. The US average is 6.0%.

Lavaca has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Lavaca
- The Sales Tax Rate for Lavaca is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Lavaca 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 Lavaca
- The average income of a Lavaca resident is $27,081 a year. The US average is $37,638 a year.
- The Median household income of a Lavaca resident is $72,969 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLavaca, ArkansasUnited States
  4.56
  -3.9%-6.2%
  22.0%33.5%
  7.8%6.2%
  6.9%4.6%
  $27,081$37,638
  $72,969$69,021
  $78,571$85,028
  Population by Occupation
  0.3%1.2%
  1.5%0.5%
  9.5%6.8%
  14.8%10.0%
  0.9%2.5%
  22.9%11.0%
  3.3%4.8%
  1.6%0.8%
  0.0%1.9%
  1.6%4.7%
  1.6%1.9%
  2.6%7.6%
  0.0%0.1%
  1.2%4.2%
  11.3%9.3%
  13.7%14.0%
  0.3%2.1%
  4.5%7.0%
  2.5%4.8%
  5.9%4.7%
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