Fordyce, AR is a small city of just over 4,000 people located in south-central Arkansas. It is the county seat of Dallas County. The town is known for its historic homes and buildings and has been featured on the National Register of Historic Places since 1988. Despite its small size, Fordyce offers many amenities that make it an attractive place to live. The two bedroom rent is lower than the national average at $650 and the grocery cost index is 91 versus 100 in the US. Furthermore, there are several local companies that employ many residents including Lewis Poultry Company, Hester's Manufacturing Company, Johnson-McBride Industries, and Fordyce Lumber Company.
Given its affordability and access to employment opportunities, Fordyce can be considered an attractive place to live. With its historic architecture and buildings combined with modern amenities such as low rent costs and available job opportunities, Fordyce provides a great living experience for many residents in the area.
Fordyce has an unemployment rate of 4.3%. The US average is 6.0%.
Fordyce has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Fordyce
- The Sales Tax Rate for Fordyce is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Fordyce 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 Fordyce
- The average income of a Fordyce resident is $18,642 a year. The US average is $37,638 a year.
- The Median household income of a Fordyce resident is $25,750 a year. The US average is $69,021 a year.