Viola, AR is a small city in the state of Arkansas with a population of 704 people. It is known for its small town charm and quality of life. The rent for a two-bedroom apartment is significantly lower than the US average at $710 per month, making it an affordable option for those looking to move there. Grocery costs in Viola are also lower than the US average with an index rating of 92 compared to 100 for the entire country.
Local businesses that contribute to the economy include Economy Plumbing, Craighead Electric Company, Mixon Farms, and David's Automotive Services. There are also several restaurants and shops in downtown Viola that offer unique merchandise and products from local artisans. In addition, the city has multiple parks and recreational areas that residents can enjoy. All these factors make Viola an attractive place to call home.
Viola has an unemployment rate of 4.6%. The US average is 6.0%.
Viola has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Viola
- The Sales Tax Rate for Viola is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Viola 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 Viola
- The average income of a Viola resident is $16,382 a year. The US average is $28,555 a year.
- The Median household income of a Viola resident is $29,286 a year. The US average is $69,021 a year.