Oppelo, AR is a small town located in Conway County. It has a population of about 1,500 people and is a great place to live with low cost of living compared to the US average. Rent for a two-bedroom apartment in Oppelo is around $740 whereas the US average is $1,430. Grocery items are also relatively cheaper here with an index price of 93 compared to 100 in the US.
Local companies that make Oppelo a great place to live include Ozark Mountain Real Estate & Property Management LLC, Opportunity Bank of Arkansas, Gaskill Inc., and Murray Heating & Air Conditioning. All these businesses offer employment opportunities as well as services to the citizens of Oppelo. With the low cost of living and local businesses, Oppelo is an ideal location for anyone looking for affordable housing or wanting to start their own business.
Oppelo has an unemployment rate of 4.9%. The US average is 6.0%.
Oppelo has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Oppelo
- The Sales Tax Rate for Oppelo is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Oppelo 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 Oppelo
- The average income of a Oppelo resident is $19,481 a year. The US average is $28,555 a year.
- The Median household income of a Oppelo resident is $58,088 a year. The US average is $69,021 a year.