Ravenden, Arkansas is an ideal small town living option. Its population size is unknown but it offers a low cost of living with two bedroom rent being around $730 a month compared to the national average of $1,430. Grocery costs are also below the national average making it even more affordable to live in Ravenden. Local companies that residents might utilize include Ravenden Post Office for postal services, Kirkwood Auto Parts for any automotive needs, and Countryside Bar-B-Que for a delicious meal out.
Ravenden has an unemployment rate of 5.0%. The US average is 6.0%.
Ravenden has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Ravenden
- The Sales Tax Rate for Ravenden is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Ravenden 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 Ravenden
- The average income of a Ravenden resident is $15,095 a year. The US average is $28,555 a year.
- The Median household income of a Ravenden resident is $26,190 a year. The US average is $69,021 a year.