Calion, AR Economy


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Calion, AR is a small town located in Union County with a population of approximately 500 people. It is known for its low cost of living and affordability. The 2 Bedroom rent in Calion is just $710 per month compared to the US average of $1,430 which makes it an ideal location for families and individuals looking to save money on rent. Aside from the housing market, the grocery cost index in Calion is 87 versus 100 in the US; making it an attractive option for those who want to stretch their budget further.
The town has plenty of local businesses and attractions to choose from such as the Calion Hardware Store, which offers various hardware supplies and tools, or the Calion Grill which offers delicious home-style cooking at an affordable price. For those looking for some entertainment there are also several festivals held throughout the year including the annual Watermelon Festival and Christmas on Main Street Parade. Additionally, there are plenty of amenities such as shopping centers, parks and schools located nearby.

Calion has an unemployment rate of 6.9%. The US average is 6.0%.

Calion has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Calion
- The Sales Tax Rate for Calion is 11.3%. The US average is 7.3%.
- The Income Tax Rate for Calion 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 Calion
- The average income of a Calion resident is $20,790 a year. The US average is $28,555 a year.
- The Median household income of a Calion resident is $55,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCalion, ArkansasUnited States
  6.96
  -4.3%-6.2%
  12.7%33.5%
  11.3%6.2%
  6.9%4.6%
  $23,511$37,638
  $55,417$69,021
  $40,417$85,028
  Population by Occupation
  4.1%1.2%
  2.1%0.5%
  2.6%6.8%
  16.5%10.0%
  21.1%2.5%
  3.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  10.3%4.7%
  0.0%1.9%
  6.2%7.6%
  0.0%0.1%
  1.0%4.2%
  1.0%9.3%
  19.1%14.0%
  4.1%2.1%
  5.2%7.0%
  2.1%4.8%
  1.5%4.7%
Reviews for Calion
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Over 16 years ago

Calion is a little town that is built around a lake and beside a river. The area has a low cost of living. Housing is very afordable. Friendly  More

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