Conway, Arkansas (72034) is an attractive city to call home. With a population of around 66,000 people, it offers its residents a small-town feel with big city amenities. The cost of living in Conway is lower than the national average, with 2 bedroom rent averaging $910 per month versus the US average of $1,430. Grocery costs are also significantly lower in Conway with an index rating of 98 compared to 100 in the US.
The job market in Conway is relatively strong. Major employers in the area include Acxiom Corporation, Hewlett Packard Enterprise, and Centennial Bank. Educational opportunities abound with local universities like University of Central Arkansas and Hendrix College offering excellent degree options. In addition to quality higher education institutions, Conway Public Schools offer exceptional K-12 options for families looking for a great place to live and learn.
Conway (zip 72034) has an unemployment rate of 4.2%. The US average is 6.0%.
Conway (zip 72034) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Conway (zip 72034)
- The Sales Tax Rate for Conway (zip 72034) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Conway (zip 72034) is 6.9%. The US average is 4.6%.
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Income and Salaries for Conway (zip 72034)
- The average income of a Conway (zip 72034) resident is $32,461 a year. The US average is $37,638 a year.
- The Median household income of a Conway (zip 72034) resident is $51,526 a year. The US average is $69,021 a year.