Plumerville, AR is a small town located in the Ozark Mountains. The cost of living is quite low compared to other parts of the country, including rent for two bedroom apartments which averages around $730 per month. Grocery costs here are also quite low when compared to the US average; with an index of 93 versus 100 nationally.
The local economy in Plumerville is centered around a few key companies such as Plumerville Glass & Mirror Co., Plumerville Paving Co., and Cropper Farm Equipment & Supply, Inc. These three businesses have been established for over 30 years and provide jobs and services to many local residents. Other businesses that have recently opened include a local brewery, an organic grocery store, and a cafe that serves locally-sourced food.
Plumerville has an unemployment rate of 4.9%. The US average is 6.0%.
Plumerville 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 Plumerville
- The Sales Tax Rate for Plumerville is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Plumerville 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 Plumerville
- The average income of a Plumerville resident is $23,277 a year. The US average is $28,555 a year.
- The Median household income of a Plumerville resident is $33,068 a year. The US average is $69,021 a year.