Rondo, AR is a small town located in the Arkansas Ozarks region. It has a population of under 1,000 people and is known for its beautiful mountain scenery. The cost of living is quite affordable in Rondo with 2 bedroom rent prices averaging around $590 a month. This is much lower than the US average of $1,430 for the same type of residence. Additionally, the grocery cost index in Rondo is 91 versus 100 in the US which means groceries are relatively more affordable here than elsewhere.
Rondo has several local businesses that contribute to its economy. These include small mom-and-pop shops like The Green Grocer and general stores such as Jones' General Store. There are also local restaurants such as The Southern Table and Petit Jean Pie Company that serve up delicious home cooked meals every day. In addition to these businesses, Rondo also has an array of outdoor activities from hiking to camping that add to its charm.
Rondo has an unemployment rate of 6.0%. The US average is 6.0%.
Rondo 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 Rondo
- The Sales Tax Rate for Rondo is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Rondo 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 Rondo
- The average income of a Rondo resident is $10,668 a year. The US average is $28,555 a year.
- The Median household income of a Rondo resident is $17,875 a year. The US average is $69,021 a year.