Leola, AR is a small city located in Arkansas County. It has a population of about 1,500 people and is an ideal place to live for families and those looking for a rural lifestyle. The cost of living is quite affordable, with 2 bedroom rents averaging at $710 per month compared to the US average of $1,430 per month. Grocery costs are also lower than the US average with the cost index at 90 versus 100 in the US. Leola boasts many local businesses including C & C Poultry Processing Company, True Value Hardware Store, and War Eagle Outfitters Gunsmithing and Fishing Guide Services. It also has several notable landmarks such as Edgar Allen Park and The Garden Of Hope Memorial Park.
Leola has an unemployment rate of 3.7%. The US average is 6.0%.
Leola has seen the job market decrease by -0.2% 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 Leola
- The Sales Tax Rate for Leola is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Leola 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 Leola
- The average income of a Leola resident is $10,837 a year. The US average is $28,555 a year.
- The Median household income of a Leola resident is $52,083 a year. The US average is $69,021 a year.