Mayflower, Arkansas is a small town located in Faulkner County with a population of around 2,235 people. It is known for its affordable housing prices, with the average two bedroom rent being only $880 compared to the US average of $1430. Additionally, it has more economic cost-efficiency when buying groceries, as its Grocery Cost Index is 95 while the US average is 100.
The town offers many local businesses for residents to enjoy. Some popular businesses include Mayflower Nutrition Center and The Good Time Market & Grill. Other stores worth visiting are Mayflower Donuts and Not Just A Store. For those looking for outdoor activities, there's also Mayflower City Park and Jack's Saddle Up Trail Rides which offer horseback riding excursions.
Mayflower has an unemployment rate of 4.2%. The US average is 6.0%.
Mayflower has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Mayflower
- The Sales Tax Rate for Mayflower is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mayflower 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 Mayflower
- The average income of a Mayflower resident is $29,712 a year. The US average is $28,555 a year.
- The Median household income of a Mayflower resident is $64,375 a year. The US average is $69,021 a year.