Rison, AR is a small town located in southern Arkansas. The town has a population of just over 2000 people and is home to many local businesses such as Rison Grocery Store, Rison Hardware, and the Rison Inn. The cost of living in Rison is lower than most other places in Arkansas; for example, two bedroom rent averages around $730 compared to $1430 nationwide. In terms of groceries, the cost index is 94 versus 100 nationally. All in all, Rison offers an affordable lifestyle without sacrificing much on amenities.
Rison has an unemployment rate of 4.6%. The US average is 6.0%.
Rison has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Rison
- The Sales Tax Rate for Rison is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Rison 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 Rison
- The average income of a Rison resident is $21,061 a year. The US average is $37,638 a year.
- The Median household income of a Rison resident is $19,464 a year. The US average is $69,021 a year.