Garfield, AR is a small town located in Central Arkansas. It is known for its natural resources and friendly locals. The cost of living in Garfield is lower than the US average, with a 2 bedroom rent at $860 versus $1,430 in the US on average. Additionally, the Grocery Cost Index in Garfield is 100 compared to 100 in the US. Local businesses include Connor’s Restaurant, White Rock Outfitters, and J&L Cabinets & Fixtures. All of these businesses offer quality services at affordable prices for residents and visitors alike.
Garfield has an unemployment rate of 3.4%. The US average is 6.0%.
Garfield has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Garfield
- The Sales Tax Rate for Garfield is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Garfield 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 Garfield
- The average income of a Garfield resident is $23,558 a year. The US average is $28,555 a year.
- The Median household income of a Garfield resident is $65,714 a year. The US average is $69,021 a year.