Dennard, AR is a small rural town in Arkansas located near the Ozark Mountains. It is known for its scenic views and quiet atmosphere. The average two-bedroom rent price in Dennard is $740 which is significantly lower than the US average of $1,430. This can be beneficial to those looking to save money on housing costs. Additionally, the grocery cost index in Dennard is 91 versus 100 in the US which can also help with saving money. \nThe local businesses include general stores such as Denney’s Grocery Store, a family-owned store that offers fresh produce and everyday items; a hardware store called Ledbetter’s Hardware; A&A Automotive repair and auto glass shop, for car maintenance; and Miller Family Farms where you can buy fresh fruits and vegetables from their farm stand. All these local businesses provide locals with great products at an affordable price. \nOverall, Dennard has much to offer with its lower cost of living due to cheaper rents and groceries compared to the rest of the US. It also contains many locally owned businesses that make it easier for residents to obtain their basic needs while keeping prices low.
Dennard has an unemployment rate of 6.1%. The US average is 6.0%.
Dennard has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 10.7%, which is lower than the US average of 33.5%.
Tax Rates for Dennard
- The Sales Tax Rate for Dennard is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Dennard 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 Dennard
- The average income of a Dennard resident is $14,408 a year. The US average is $28,555 a year.
- The Median household income of a Dennard resident is $25,924 a year. The US average is $69,021 a year.