Corinth, AR is a charming small town situated in the northeastern part of Arkansas. This rural town has a population of just 602 according to the 2019 census. Despite its small size, Corinth has much to offer in terms of amenities and activities. Rent for a 2 bedroom apartment in Corinth is significantly lower than the US average at $690 per month compared to $1,430 nationally. Grocery costs are also quite low here with an index score of 92 versus 100 for the rest of the country.
The local economy is supported by several small businesses such as Corbell's BBQ & Catering, The Tufted Seat Furniture Store, and Countryland Market & Deli. This list only scratches the surface of what Corinth has to offer residents and visitors alike!
Corinth has an unemployment rate of 4.6%. The US average is 6.0%.
Corinth has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Corinth
- The Sales Tax Rate for Corinth is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Corinth 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 Corinth
- The average income of a Corinth resident is $25,884 a year. The US average is $28,555 a year.
- The Median household income of a Corinth resident is $48,750 a year. The US average is $69,021 a year.