Alexander, AR is a small town located in central Arkansas with an estimated population of 1,000 people. The cost of living in Alexander is quite affordable, especially when it comes to housing. According to recent reports, the average 2 bedroom rent in Alexander is $920 while the US average for 2 bedrooms is $1,430. The Grocery Cost Index also reflects this disparity with 97 in Alexander as opposed to 100 in the US. There are a number of local companies based out of Alexander such as JBD Distributing Co., Premier Transportation Inc., and Martin & Associates Law Firm that provide employment opportunities for residents of the town. In conclusion, living in Alexander can be quite affordable due to its low housing and grocery costs along with its many job opportunities provided by local businesses.
Alexander has an unemployment rate of 3.8%. The US average is 6.0%.
Alexander 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 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Alexander
- The Sales Tax Rate for Alexander is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Alexander 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 Alexander
- The average income of a Alexander resident is $14,227 a year. The US average is $28,555 a year.
- The Median household income of a Alexander resident is $58,235 a year. The US average is $69,021 a year.