Bono, Arkansas is a charming and affordable small town located near some of the most beautiful natural landscapes in the region. With a two bedroom rent at just $800 per month, it is hard to turn down such an opportunity. This affordability extends to groceries as well, which are about 7% cheaper than the US average.
The small town feel of Bono has birthed many local companies including: The Bono Bait & Tackle Shop, JP Landscaping Services, and Robinson's Home Repair. These businesses thrive thanks to the friendly atmosphere and community spirit that defines Bono’s culture.
Living in Bono comes with many advantages that include low costs of living, wonderful outdoor recreation opportunities, and access to all kinds of businesses - from restaurants to repair shops - without ever leaving your hometown. It is no wonder people are flocking to this great place!
Bono has an unemployment rate of 3.9%. The US average is 6.0%.
Bono has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Bono
- The Sales Tax Rate for Bono is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bono 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 Bono
- The average income of a Bono resident is $18,031 a year. The US average is $37,638 a year.
- The Median household income of a Bono resident is $44,770 a year. The US average is $69,021 a year.