Emerson, AR is a small town located in Columbia county with a population of about 330 people. It is known for its affordable cost of living, with rent for two-bedroom apartments being around $730 compared to the US average of $1,430. Groceries in Emerson are also significantly cheaper than the US average with an index score of 89 compared to 100. The local economy is supported by companies such as Emerson Fire Department, J&S Gardens LLC, and K & L Feed Store Inc. Residents of Emerson enjoy the small-town atmosphere and rural lifestyle that this community has to offer. In addition to these benefits, residents can take advantage of low costs associated with everyday items such as groceries and rent.
Emerson has an unemployment rate of 6.2%. The US average is 6.0%.
Emerson has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Emerson
- The Sales Tax Rate for Emerson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Emerson 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 Emerson
- The average income of a Emerson resident is $15,268 a year. The US average is $28,555 a year.
- The Median household income of a Emerson resident is $47,500 a year. The US average is $69,021 a year.