Dyer, AR is a small town located in the Arkansas delta region. The town has approximately 500 residents and offers a variety of services including local businesses such as Dyer Drug, Dyer Community Bank, and the Dyer Library. The cost of living in Dyer is lower than that of the United States as a whole. For example, the average two bedroom rent rate in Dyer is $820 while the national average for two bedroom rent is $1,430. Additionally, the Grocery Cost Index in Dyer is 93 compared to 100 in the US. This means groceries are cheaper in Dyer than they are on average nationally. All together this makes Dyer an excellent place to live with a low cost of living and all the amenities of a small town.
Dyer has an unemployment rate of 4.3%. The US average is 6.0%.
Dyer 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 Dyer
- The Sales Tax Rate for Dyer is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Dyer 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 Dyer
- The average income of a Dyer resident is $22,345 a year. The US average is $28,555 a year.
- The Median household income of a Dyer resident is $59,375 a year. The US average is $69,021 a year.