Berryville, AR is a great place to live with many advantages. The cost of living in Berryville is much lower than the national average, with 2 bedroom rent costing $710 compared to $1,430 in the US. The Grocery Cost Index in Berryville is also significantly lower than the US at 94 versus 100. There are many businesses located in Berryville such as Walmart, McDonald's, Sonic Drive-In, Subway and Dairy Queen. These local companies provide excellent goods and services that make it easy for residents to access what they need efficiently and affordably. In addition, there are many other stores and restaurants located throughout town to cater to all your needs. With its low cost of living and numerous local businesses, Berryville is a great place to live.
Berryville has an unemployment rate of 4.6%. The US average is 6.0%.
Berryville 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 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Berryville
- The Sales Tax Rate for Berryville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Berryville 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 Berryville
- The average income of a Berryville resident is $14,951 a year. The US average is $28,555 a year.
- The Median household income of a Berryville resident is $44,984 a year. The US average is $69,021 a year.