Little Rock, AR is a great place to live with plenty of diversity, culture, and entertainment. From the River Market District in downtown Little Rock to one of the local universities, there are plenty of places to explore. The city has relatively affordable housing options with a 2 bedroom rent being $960 compared to the US average of $1,430. Additionally, groceries are more budget-friendly as Little Rock's Grocery Cost Index is 96 compared to the US' 100. With so many local companies around such as Dassault Aviation and Arkansas Heart Hospital, alongside popular attractions including Big Dam Bridge and The Old Mill, Little Rock offers something for everyone!
Little Rock has an unemployment rate of 5.9%. The US average is 6.0%.
Little Rock 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 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Little Rock
- The Sales Tax Rate for Little Rock is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Little Rock 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 Little Rock
- The average income of a Little Rock resident is $29,583 a year. The US average is $28,555 a year.
- The Median household income of a Little Rock resident is $56,928 a year. The US average is $69,021 a year.