Maynard, AR is a small town located in Randolph County that offers a relatively affordable cost of living. Rent for a two-bedroom unit is only $730 compared to the US average of $1,430. The Grocery Cost Index for Maynard is also lower than the US average at 93 versus 100. Living in this area can be easy on the budget and there are plenty of local businesses to enjoy. In particular, notable establishments include Maynard Electric Supply Co., Inc., Pugh's Furniture & Appliance, and Central Arkansas Grain & Feed. With numerous shops and restaurants available, Maynard provides plenty of options for locals and visitors alike.
Maynard has an unemployment rate of 4.7%. The US average is 6.0%.
Maynard has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 58.2%, which is higher than the US average of 33.5%.
Tax Rates for Maynard
- The Sales Tax Rate for Maynard is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Maynard 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 Maynard
- The average income of a Maynard resident is $17,314 a year. The US average is $28,555 a year.
- The Median household income of a Maynard resident is $27,266 a year. The US average is $69,021 a year.