Moro, AR is a small town located in Arkansas with a population of around 2,000 people. It is known for its affordable housing options, as the average rent for a two-bedroom apartment is $590 compared to the US average of $1,430. Additionally, grocery costs are lower than average with an index of 91 versus 100 in the US. For those looking to call Moro home there are plenty of attractions to take advantage of such as nearby Lake Dardanelle State Park or the national forests and wild rivers. Moro also has many local businesses that cater to all needs including retail stores like Bill's Hardware Store and eateries like Papa Joe's Pizza Parlor.
Moro has an unemployment rate of 6.0%. The US average is 6.0%.
Moro has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 8.4%, which is lower than the US average of 33.5%.
Tax Rates for Moro
- The Sales Tax Rate for Moro is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Moro 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 Moro
- The average income of a Moro resident is $17,789 a year. The US average is $28,555 a year.
- The Median household income of a Moro resident is $41,250 a year. The US average is $69,021 a year.