Black Rock, AR is a small town with a close-knit community. It is located in Lawrence County and has a population of about 3,000 people. The cost of living here is lower than the US average. Rent for two-bedroom apartments in Black Rock is $630 per month as opposed to $1,430 nationally. Grocery prices are also significantly cheaper at 92 compared to 100 on the US index.
The town offers plenty of local businesses that cater to its residents’ needs such as a grocery store, a pharmacy, several restaurants and cafes, a hardware store, beauty parlor, and more. The local school district provides both public and private schools for students from kindergarten through 12th grade. Other attractions in the area include hiking trails at Blanchard Springs Caverns and camping at Lake Charles State Park.
All in all, Black Rock is an ideal place to live if you are looking for low costs of living with plenty of amenities nearby. With its welcoming environment and access to nature activities, it’s easy to see why so many choose to call it home!
Black Rock has an unemployment rate of 5.0%. The US average is 6.0%.
Black Rock has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Black Rock
- The Sales Tax Rate for Black Rock is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Black Rock 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 Black Rock
- The average income of a Black Rock resident is $17,878 a year. The US average is $37,638 a year.
- The Median household income of a Black Rock resident is $60,250 a year. The US average is $69,021 a year.