Russellville, AR Metro Area is a great place to live! It has a low 2 bedroom rent rate of $740 compared to the US rate of $1,430. It also has an affordable grocery cost index of 93, which is lower than the US average of 100. There are many companies located in Russellville including Acadia Healthcare, Russellville School District, and Arvest Bank. This area offers access to plenty of job opportunities for its residents while still providing them with a more affordable cost of living than most parts of America.
Russellville Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Russellville Metro Area has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Russellville Metro Area
- The Sales Tax Rate for Russellville Metro Area is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Russellville Metro Area 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 Russellville Metro Area
- The average income of a Russellville Metro Area resident is $19,870 a year. The US average is $28,555 a year.
- The Median household income of a Russellville Metro Area resident is $48,154 a year. The US average is $69,021 a year.