Cedarville, AR is an ideal location for those looking to lower their living costs while maintaining a high quality of life. With a two-bedroom rental rate of only $810 compared to the US average of $1,430, it's no wonder that many are flocking to this small town. Not only does Cedarville offer more affordable rent, but food costs are also significantly lower than the US average with a grocery cost index of 93 versus 100 in the US.
In addition to its low living expenses, Cedarville is host to several local businesses that contribute to its vibrant atmosphere. From the iconic Schooley’s Emporium and Antiques store, which has been selling unique knick-knacks since 2011, to the newly opened Reillys Kafe & Barbecue, serving up delicious southern-style dishes since 2019, Cedarville offers something for everyone. In addition to its retail and dining establishments, Cedarville is home to several medical facilities including The Cedarville Medical Center as well as an array of parks and recreation areas like Hollow Rock Park where locals can enjoy outdoor activities with friends and family.
Overall, Cedarville is a great place for anyone looking for an affordable place to live that offers plenty of amenities. The combination of low costs and easy access to local businesses make it ideal for those who want a high quality of life without breaking the bank.
Cedarville has an unemployment rate of 4.3%. The US average is 6.0%.
Cedarville has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Cedarville
- The Sales Tax Rate for Cedarville is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Cedarville 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 Cedarville
- The average income of a Cedarville resident is $19,657 a year. The US average is $28,555 a year.
- The Median household income of a Cedarville resident is $46,491 a year. The US average is $69,021 a year.