Little Rock, IA is a great place to live for those looking for affordability and convenience. With a two-bedroom rent of only $780, it has one of the lowest rental rates in the US. When it comes to groceries, Little Rock has a grocery cost index of 92 compared to the US average of 100 – so food is also reasonably priced here.
The town offers plenty of entertainment, dining and shopping options as well. For example, Wal Mart and Hobby Lobby are both popular local stores located in Little Rock. There’s also a wide variety of restaurants including Chili’s Grill & Bar, Cracker Barrel and Golden Corral. Other amenities include parks, golf courses and an outdoor pool at the Holiday Inn Express in Little Rock.
Little Rock has an unemployment rate of 2.7%. The US average is 6.0%.
Little Rock has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Little Rock
- The Sales Tax Rate for Little Rock is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Little Rock is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Little Rock
- The average income of a Little Rock resident is $20,832 a year. The US average is $28,555 a year.
- The Median household income of a Little Rock resident is $57,115 a year. The US average is $69,021 a year.