Letona, AR is a beautiful town located in the heart of Arkansas. It's home to many local businesses ranging from restaurants, bakeries, hardware stores, banks, and much more. Living in Letona offers many advantages such as lower rent costs than the national average with two bedroom apartments costing around $670 a month and a significantly lower grocery cost index than the US at 91 versus 100. Not only are there economical benefits, but also plenty of recreational activities that make Letona a great place to live. There are ample parks perfect for outdoor activities like picnicking or hiking, as well as museums for those interested in culture and history. With affordable housing and plenty of nearby attractions, it’s no wonder why Letona has become such an attractive destination for residents seeking a peaceful setting to settle down in.
Letona has an unemployment rate of 4.9%. The US average is 6.0%.
Letona has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Letona
- The Sales Tax Rate for Letona is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Letona 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 Letona
- The average income of a Letona resident is $14,428 a year. The US average is $28,555 a year.
- The Median household income of a Letona resident is $40,000 a year. The US average is $69,021 a year.