Paragould, AR is a great place to live for individuals looking for an affordable cost of living. At $710 per month, the average two-bedroom rent is well below the US average of $1,430. Additionally, groceries in Paragould are cheaper than average with a grocery cost index of 93 compared to the US index of 100. It's no wonder why Paragould has become a popular destination for those looking to save money.
The city boasts several large employers and companies such as Walmart Distribution Center, St. Bernards Healthcare, Paragould Light Water and Cable (PLWC), First Electric Cooperative Corporation, and the Greene County Office Building. The city also offers plenty of attractions such as Crowley's Ridge State Park, Lake Frierson State Park, Big Lake National Wildlife Refuge, and historic downtown Paragould which features unique shops and restaurants. There's something for everyone in this vibrant town!
Paragould has an unemployment rate of 4.7%. The US average is 6.0%.
Paragould 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 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Paragould
- The Sales Tax Rate for Paragould is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Paragould 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 Paragould
- The average income of a Paragould resident is $23,674 a year. The US average is $37,638 a year.
- The Median household income of a Paragould resident is $49,977 a year. The US average is $69,021 a year.