Clarendon, AR is a small town located in the southeastern corner of Arkansas. It is known for its rural charm and friendly people. The cost of living is quite affordable as 2 bedroom rent is much lower than the national average at $660 compared to $1,430 nationally. Additionally, grocery costs are 10 percentage points lower in Clarendon when compared to the national index of 100. This makes Clarendon an ideal place for those on a budget. Local companies include The Boot Barn, B & S Discounts, and The Pizza Stop. All three businesses offer great products and services to locals and visitors alike.
Clarendon has an unemployment rate of 6.1%. The US average is 6.0%.
Clarendon has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Clarendon
- The Sales Tax Rate for Clarendon is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Clarendon 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 Clarendon
- The average income of a Clarendon resident is $19,579 a year. The US average is $37,638 a year.
- The Median household income of a Clarendon resident is $24,643 a year. The US average is $69,021 a year.